PTL

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Share Name	Share Symbol	Market	Type
	TSXV:PTL	TSX Venture	Common Stock

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%							0	-

Petra Petroleum Inc. Announces the Grant of Stock Options

31/08/2011 7:49pm

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(TSXV:PTL)
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From May 2019 to May 2024

Petra Petroleum Inc. (TSX VENTURE: PTL) (the "Corporation"). In connection with the recent appointment of John Downes as the new Chief Financial Officer, he has been granted an option to purchase up to a total of 100,000 common shares of the Corporation at the exercise price of $0.43 each for a period of five years from the date of grant.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts: Petra Petroleum Inc. Robert A. Lambert Chief Executive Officer +44-7837-463-596 Petra Petroleum Inc. Michael Atkinson Chairman (604) 689-1428 (604) 681-4692 (FAX)