SOURCE: Pavilion Energy Resources, Inc.

June 10, 2009 07:00 ET

Pavilion Energy Resources, Inc. (OTC: PVRE) Board Changes and Update

BEVERLY HILLS, CA--(Marketwire - June 10, 2009) - Pavilion Energy Resources, Inc. (PINKSHEETS: PVRE) (the "Company") announces Board changes. Steve Thompson has resigned from the Board and Peter J. Sterling; (President, Secretary, Treasurer). Rick Strom; (Director) have joined the Board.

PVRE is an independent oil and gas company which is positioning itself to generate earnings from energy production. PVRE is advancing development plans for its 75% owned speculative oil and gas projects.

The Company also plans to soon make the jump from a junior explorer to an onshore oil producer.


PVRE has secured interests in four new large-scale, speculative energy projects, which could collectively help make America "Energy Independent." Two of the speculative resources are "Clean-Energy," (Low-CO2) super-giant Natural Gas fields.

    1. Arctic Commons Abyssal Claim.........................(PVRE: 75%)
    2. Blake Ridge Claim and OCS lease Application..........(PVRE: 75%)
    3. Bering Sea Abyssal Commons Claim.....................(PVRE: 75%)
    4. Santa Barbara Channel OCS and State Waters
        lease applications..................................(PVRE: 75%)


Management sees a tremendous amount of opportunity in the energy sector based on recent & prevailing economic conditions. Oil field assets can be secured at bargain prices today. In response, the company will seek to acquire oil and gas reserves at a discount to their long-term price-value.

The Company's goal is to achieve short-term profitability from acquiring and producing onshore, quality light and heavy oil properties that are either cashflow positive or near cashflow positive.

The Company anticipates that it will benefit from future improvements in market prices and conditions for any lower-priced, producing energy assets acquired.

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This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. Actual results may differ from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks associated with resource exploration risks related to competition, management of growth, new products, services and technologies, potential fluctuations in operating results, international expansion, commercial agreements, acquisitions and strategic transactions, government regulation and taxation. More information about factors that potentially could affect PVRE's financial results is included in its filings with the Securities and Exchange Commission.

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