TEZ Triton Energy Corp.

Triton Energy Corp. (TSX VENTURE:TEZ) ("Triton" or the "Corporation") is pleased
to provide the following operations and production update.


During the fourth quarter of 2007, Triton participated in the drilling of five
(3.75 net) wells including three (3.0 net) operated wells and two (0.75 net)
non-operated wells in central Alberta. Production casing was set in all five
(3.75 net) wells.


The three (3.0 net) operated wells were all successfully completed and tested.
Two of these wells, one located in the Sullivan Lake area and one located in the
Newton area, were tied-in and placed on production in late December 2007. The
other operated well, located in the Bruce area of central Alberta, is currently
shut-in. Triton now has two (2.0 net) operated wells shut-in at Bruce and, at
current natural gas prices, intends to delay tie-in of these wells pending the
drilling of a third successful well in this area.


One (0.25 net) non-operated well located in the Girouxville area has been
successfully completed and tested and is expected to be tied-in and placed on
production by the end of January, and completion and testing operations are
underway at one (0.5 net) non-operated well located in the Giroux Lake area.


Triton's current production is approximately 970 barrels of oil equivalent
("boe") per day from thirteen (12.6 net) operated wells and two (0.5 net)
non-operated wells with an estimated 100 boe per day of additional production
capability behind pipe, not including the one (0.5 net) well currently being
completed and tested at Giroux Lake. "This is a new high production level for
Triton", commented Michael Zuber, President and CEO of Triton. "We are pleased
with the results to date from our fourth quarter 2007 drilling program and are
well positioned for continued growth with over 65,000 net acres of undeveloped
land, a 20 plus well drilling inventory and no debt heading into 2008."


The Corporation has commenced its first quarter 2008 drilling program, which
includes three (3.0 net) operated wells in central Alberta, one in the Sullivan
Lake area, one in the Inland area and one in the Alexander area, and expects to
announce its 2008 capital expenditures budget in the next few weeks.


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 assessment of future plans and
operations, number of wells to be drilled, completed and tested, timing of
drilling, completion and testing of wells, timing of tie-in of wells, and
production and behind pipe production rates. When used in this document, the
words "anticipate," "believe," "estimate," "expect," "intent," "may," "project,"
"plan", "should" 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, risks associated with oil and gas exploration, development,
exploitation, production, marketing and transportation, the volatility of oil
and gas prices, currency fluctuations, the ability to implement corporate
strategies, the state of domestic capital markets, the ability to obtain
financing, incorrect assessment of the value of acquisitions, failure to realize
the anticipated benefits of acquisitions, changes in oil and gas acquisition and
drilling programs, delays resulting from inability to obtain required regulatory
approvals, delays resulting from inability to obtain drilling rigs and other
services, delays in tie-in operations, results from testing, environmental
risks, competition from other producers, imprecision of reserve estimates,
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.


Disclosure provided herein in respect of barrels of oil equivalent ("boe") may
be misleading, particularly if used in isolation. A boe conversion ratio of 6
mcf of natural gas to 1 bbl of oil is based on an energy equivalency conversion
method primarily applicable at the burner tip and does not represent a value
equivalency at the wellhead.

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