Prairie Provident Resources Announces Updated Corporate Presentation

Prairie Provident Resources Inc. ("Prairie Provident", "PPR" or the "Company") today posted an updated corporate presentation on our website.  Investors and other interested parties are encouraged to visit www.ppr.ca to review the updated presentation.

ABOUT PRAIRIE PROVIDENT

Prairie Provident is a Calgary-based company engaged in the exploration and development of oil and natural gas properties in Alberta. The Company's strategy is to grow organically in combination with accretive acquisitions of conventional oil prospects, which can be efficiently developed. Prairie Provident's operations are primarily focused at the Michichi and Princess areas in Southern Alberta targeting the Banff, the Ellerslie and the Lithic Glauconite formations, along with an established and proven waterflood project at our Evi area in the Peace River Arch. Prairie Provident protects its balance sheet through an active hedging program and manages risk by allocating capital to opportunities offering maximum shareholder returns.

For further information, please contact:

Prairie Provident Resources Inc. Tim Granger President and Chief Executive Officer Tel: [phone] Email: [e-mail]