PetroGlobe Inc.
TSX VENTURE : PGB

PetroGlobe Inc.

September 20, 2005 13:56 ET

PetroGlobe Inc. Updates its Activities in West Texas

CALGARY, ALBERTA--(CCNMatthews - Sept. 20, 2005) - PetroGlobe Inc. (TSX VENTURE:PGB) announces that the private Canadian company, holding a 45% W.I. in the joint venture with PetroGlobe Energy USA Ltd, announced in the Press Release dated September 2, 2005, has sold its 45% W.I. in the joint venture to Newmex Minerals Inc. (TSX Venture: NMM).

For details of the sale go to the Newmex press release - www.sedar.com.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy and accuracy of this news release.

Contact Information

  • PetroGlobe Inc.
    John Loh
    President & CEO
    (403) 265-4488
    (403) 265-9727 (FAX)
    Email: johnl@petroglobe.com
    or
    PetroGlobe Inc.
    Dave Harris
    Vice President & CFO
    (403) 265-4488
    (403) 265-9727 (FAX)
    Email: dharris@petroglobe.com