Triton Energy Corp. Announces Normal Course Issuer Bid for Its Common Shares

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES


Triton Energy Corp. (TSX VENTURE:TEZ) ("Triton" or the "Corporation") announced
today that the TSX Venture Exchange ("TSXV") has accepted Triton's Notice of
Intention to make a Normal Course Issuer Bid (the "Bid") to purchase for
cancellation, from time to time, as Triton considers advisable, up to a maximum
of 3,192,000 common shares of the Corporation (the "Common Shares"). The maximum
number of Common Shares to be purchased pursuant to the Bid represents
approximately 10% of the "public float" of the Common Shares outstanding on the
date hereof, calculated in accordance with the rules of the TSXV (being
approximately 31,920,080 Common Shares). Purchases of Common Shares will be made
on the open market through the facilities of the TSXV. The price which Triton
will pay for any Common Shares purchased by it will be the prevailing market
price of the Common Shares on the TSXV at the time of such purchase. The actual
number of Common Shares that may be purchased for cancellation and the timing of
any such purchases will be determined by Triton. The Corporation has retained
Acumen Capital Finance Partners Limited as its broker to conduct the Bid on
behalf of the Corporation.


The Bid will commence on October 9, 2008 and will terminate on October 8, 2009
or such earlier time as the Bid is completed or terminated at the option of
Triton.


Management of Triton believes that, from time to time, the market price of the
Common Shares may not fully reflect the underlying value of the Common Shares
and that at such times the purchase of Common Shares would be in the best
interests of all shareholders of the Corporation. Such purchases will increase
the proportionate interest of, and may be advantageous to, all remaining
shareholders. In addition, the purchases by Triton may increase liquidity to
shareholders wishing to sell their Common Shares.


Triton has not made any purchases of Common Shares during the previous 12 months.

This news release shall not constitute an offer to sell or a solicitation of an
offer to buy the securities in any jurisdiction. The common shares of Triton
will not be and have not been registered under the United States Securities Act
of 1933, as amended, and may not be offered or sold in the United States, or to
a U.S. person, absent registration or applicable exemption therefrom. 


Triton is a Calgary, Alberta based corporation engaged in the exploration,
development and production of petroleum and natural gas. The Corporation's
common shares are listed on the TSX Venture Exchange under the trading symbol
"TEZ".


Forward-Looking Statements

This news release may include forward-looking statements including opinions,
assumptions, estimates and management's views and expectations. When used in
this document, the words "anticipate," "believe," "estimate," "expect,"
"intent," "may," "project," "plan", "should", "scheduled" and similar
expressions are intended to be among the statements that identify
forward-looking statements. Forward-looking statements are subject to a wide
range of risks and uncertainties, and although the Corporation believes that the
expectations represented by such forward-looking statements are reasonable,
there can be no assurance that such expectations will be realized. Any number of
important factors could cause actual results to differ materially from those in
the forward-looking statements including, but not limited to the state of
domestic capital markets, delays resulting from inability to obtain required
regulatory approvals, changes in general economic conditions and other factors
more fully described from time to time in the reports and filings made by Triton
with securities regulatory authorities. Readers are cautioned not to place undue
reliance on forward-looking statements, as no assurances can be given as to
future results, levels of activity or achievements. Except as required by
applicable securities laws, the Corporation does not undertake any obligation to
publicly update or revise any forward-looking statements.