Teton Petroleum to Respond to Notice of Interim Cease Trade Order in Alberta and Ontario

Teton Petroleum to Respond to Notice of Interim Cease Trade Order
in Alberta and Ontario 


DENVER, March 3  /PRNewswire-FirstCall/ -- Teton Petroleum Company (AMEX:TPE)
received notice of interim cease trade orders from the Alberta and Ontario
Securities Commissions.  The action only affects Canadian shareholders wishing
to trade Teton Common stock.  Canadian shareholders represent approximately 2%
of the Company's worldwide shareholder base.  The action does not affect U.S.
or other shareholders.

(Logo:  http://www.newscom.com/cgi-bin/prnh/20030611/TETONLOGO)

Teton Petroleum Company, not a Canadian company, voluntarily delisted from the
CDNX several years ago and is not currently listed on any Canadian exchange in
order to focus on its American Stock Exchange listing.  It has been attempting
to deregister from its reporting requirements in Alberta and Ontario since June
2004.  Teton believes that the action taken is without merit, is inapplicable
to the Company, and will vigorously contest the ruling at a hearing in Ontario
on March 4, 2005 and in Alberta on March 11, 2005.

This news release may contain certain forward-looking statements, including
declarations regarding Teton and its subsidiaries' expectations, intentions,
strategies and beliefs regarding the future.  All statements contained herein
are based upon information available to Teton's management as at the date
hereof and actual results may vary based upon future events, both within and
without the control of the Teton's management. 

http://www.newscom.com/cgi-bin/prnh/20030611/TETONLOGO

http://photoarchive.ap.org/

DATASOURCE: Teton Petroleum Company



CONTACT:  Gillian D. Kane, Vice President, Investor Relations of Teton

Petroleum Company, [phone], 

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