Primera Energy Resources Ltd. ("PERL" or the "Corporation") (TSX VENTURE:PTT) is
pleased to announce a corporate update.


Optimal Block WD-4 

Primera has spudded the first of at least 2 planned sidetrack redrill wells to
be drilled in this quarter. The well is planned to be drilled to a depth of
approximately 5,300 feet to recover stranded reserves from the Upper and Lower
Forest formations which were producing in the original PS 131 well. The original
well went off production at a rate of 60 bopd. This planned sidetrack redrill is
expected to encounter a total of approximately 270 feet of net pay. Drilling is
expected to take approximately 15 days from spud.


About PERL

PERL is a TSX Venture Exchange listed issuer which currently produces
approximately between 250-275 barrels of oil per day pursuant to a lease
operatorship in South Central Trinidad, has a 16.2% entitlement to the Cory
Moruga Block and a 10% entitlement to a Production Sharing Contract for onshore
India block CB-ONN-2005/11. 


Statements in this press release may contain forward-looking information
including expectations of the exclusivity agreement, future operations on
Optimal WD-4, the completion of the private placement, operating costs,
commodity prices, administrative costs, commodity price risk management
activity, acquisitions and dispositions, capital spending, access to credit
facilities, income and oil taxes, regulatory changes, and other components of
cash flow and earnings. The reader is cautioned that assumptions used in the
preparation of such information may prove to be incorrect. Events or
circumstances may cause actual results to differ materially from those
predicted, a result of numerous known and unknown risks, uncertainties, and
other factors, many of which are beyond the control of the issuer. These risks
include, but are not limited to, the risks associated with the capital markets,
oil and gas industry, commodity prices and exchange rate changes. Industry
related risks could include, but are not limited to, operational risks in
development and production, delays or changes in plans, risks associated to the
uncertainty of reserve estimates, or reservoir performance, health and safety
risks and the uncertainty of estimates and projections of production, costs and
expenses. The reader is cautioned not to place undue reliance on this
forward-looking information.


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