PetroGlobe Inc.
TSX VENTURE : PGB

PetroGlobe Inc.

March 06, 2009 16:59 ET

PetroGlobe Announces Executive Appointment and Stock Option Grant

CALGARY, ALBERTA--(Marketwire - March 6, 2009) -

NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

PetroGlobe Inc. ("PetroGlobe" or the "Corporation") (TSX VENTURE:PGB) is pleased to announce Mr. Dean Marcil has joined the Corporation as its Vice President of Land.

Mr. Marcil has over 15 years of oil and gas experience focused in Western Canada. Previously, he has held roles of increasing responsibility at Wiser Oil Company Canada Ltd., CS Resources Limited, PanCanadian Resources, and Petrovera Resources. Prior to joining PetroGlobe he was Senior Landman at Advantage Oil & Gas Ltd. Mr. Marcil holds a Bachelor of Arts in Economics and a Bachelor of Commerce in Petroleum Land Management from the University of Calgary.

The Corporation announces the grant of stock options under its stock option plan to directors, officers and employees to purchase up to an aggregate of 1,335,000 common shares in accordance with the terms of its stock option plan.

ABOUT PETROGLOBE INC.

PetroGlobe Inc. is listed on the TSX Venture Exchange and trades under the symbol PGB. PetroGlobe Inc. carries on business directly in Canada. It conducts business indirectly in the United States through PetroGlobe Energy USA Ltd. Major properties are in the Palo Duro basin of West Texas, Drayton Valley, Breton, Warburg and Leduc areas of west-central Alberta.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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