Triton Grants Stock Options

Triton Energy Corp. (TSX VENTURE:TEZ) ("Triton" or the "Corporation") announces
that it has granted stock options to purchase an aggregate of 3,125,000 common
shares of the Corporation at an exercise price of $0.21 per common share
("Options"), which reflects the weighted average trading price of the
Corporation's common shares on the TSX Venture Exchange over the prior five-day
trading period.  Of the total number of Options granted, 500,000 were granted to
outside directors of the Corporation and 2,100,000 were granted to officers of
the Corporation.  The Options vest over a two-year period from the date of grant
and expire five years from the date of grant.  The Options were granted in
accordance with the Corporation's shareholder approved stock option plan, which
reserves for issuance on exercise of stock options a maximum of ten per cent of
the number of common shares of the Corporation outstanding, from time to time. 
There are currently 40,707,637 common shares of the Corporation outstanding and
following the grant of the Options there are a total of 3,675,000 stock options
outstanding.


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".