Torque Energy Reports First Quarter Financial Results

Torque Energy Inc. ("the Company") (TSX VENTURE:TQE) today filed with Canadian
securities authorities its unaudited financial statements and related
Management's Discussion and Analysis for the three month period ended February
28, 2010.


Operating highlights:



--  Net profit of $149,912 or $0.01 per share 
--  7% reduction in total bank indebtedness 
--  47% increase in field level cash flow 
--  84% increase in operating netbacks 



The Company realized a profit of $149,912 ($0.01 per share) from revenues of
$726,462 for the three month period ended February 28, 2010 compared to a loss
of $51,133 ($0.00 per share) from revenues of $612,739 during the same period in
2009.


Funds flow from operations increased to $296,782 for the three months ended
February 28, 2010 compared to $36,128 for the same period in 2009 allowing the
Company to internally fund its capital expenditure programs while at the same
time reducing total bank indebtedness.


Field level cash flow increased 47% to $464,137 for the quarter compared to
$315,487 for the same quarter in 2009. Similarly, operating netbacks increased
84% to $39.94 per BOE (barrel of oil equivalent) from $21.73 per BOE for the
same period in 2009.


The Company produced an average of 129.1 BOE per day for the three months ended
February 28, 2010 compared to 161.3 BOE per day for the same period in 2009, a
decrease of approximately 20% attributed to some minor mechanical repairs in
both the Corey and Petrolia fields while Ram #84 was off production for three
months awaiting the installation of a new compressor starter.


Copies of the filed documents may be accessed electronically through the SEDAR
website at www.sedar.com and the Company's website www.torqueenergy.com.


The term BOE may be misleading, particularly if used in isolation. A BOE
conversion ratio of 6 Mcf:1 bbl is based on an energy equivalency conversion
primarily applicable at the burner tip and does not represent a value
equivalency at the wellhead.