PGB Petroglobe

PetroGlobe Inc. (TSX VENTURE:PGB) ("PetroGlobe" or the "Company") announces it
has filed its interim consolidated financial statements for the three months
ended March 31, 2011 and accompanying Management's Discussion and Analysis with
Canadian securities regulatory authorities. These filings are available for
review under the Corporation's SEDAR profile at www.sedar.com.


The Company will be seeking revocation of the cease trade orders and expects to
receive the revocation orders shortly thereafter.


ABOUT PETROGLOBE INC.

PetroGlobe is a Calgary, Alberta based public company, engaged in the
exploration, development and production of petroleum and natural gas in Canada.
PetroGlobe's focus is on high working interest, company-operated properties in
Alberta, including Pembina Cardium light oil, Pembina Edmonton Sands natural
gas, Red Earth Slave Point light oil and Sawtooth oil in the Grand Forks/Taber
area of southern Alberta. PetroGlobe's common shares are listed on the TSX
Venture Exchange and trade under the symbol PGB.

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