PetroGlobe Inc. (TSX VENTURE:PGB) ("PetroGlobe" or the "Company") announces its
farmee has spud its initial horizontal test well on the Company's Red Earth
farmin lands and expects the well to be finished drilling over the next few
weeks. PetroGlobe will advise of results once known.


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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