PetroWorth Resources Inc.

PetroWorth Resources Inc.

May 15, 2008 12:25 ET

PetroWorth Appoints Chris Mothersele as Vice President, Operations

CALGARY, ALBERTA--(Marketwire - May 15, 2008) - PetroWorth Resources Inc. (CNQ:PTWR) (FRANKFURT:T3F) announced today that it has appointed Christopher Mothersele as Vice President, Operations.

Mr. Mothersele has more than 33 years of experience in the oil and gas industry, including 19 years with Gulf Canada Resources Inc. as Senior Staff Engineer and Senior Petroleum Engineer. He has covered all facets of exploration and development in both Canadian and international frontiers, and is particularly well known for his expertise in well testing/pressure transient analysis, multi-phase flow analysis and recoverable reserve assessments.

"We are delighted to have Chris on board with us," said Neal Mednick, president of PetroWorth. "He brings not only a wealth of knowledge and expertise, but also a remarkably pragmatic and creative approach to the challenges at hand. Chris has been involved with PetroWorth's operations for the last nine months and is thus very familiar with our opportunities. He will be vital to PetroWorth's long-term growth and to the success of this summer's drilling and fraccing campaign."

PetroWorth Resources Inc. is a junior oil and gas exploration company with extensive onshore properties in Eastern Canada. The Company has acquired 100% working interests in almost one million acres in nine separate exploration permits on Prince Edward Island, Nova Scotia and New Brunswick. The strategy of the company is to conduct aggressive exploration drilling programs on these permitted properties, both in-house and through advantageous farm-in arrangements.


Certain statements contained herein constitute forward-looking statements. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "project", "should", "believe", and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. For example, there is no assurance the proposed financing will close when contemplated, or at all. The Corporation believes the expectations reflected in those forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this report should not be unduly relied upon. The Corporation does not undertake any obligation to publicly update or revise any forward-looking statements. The Corporation has adopted the standard of 6 Mcf:1 BOE when converting natural gas to BOE. BOEs may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf:1 BOE is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency

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