PetroWorth Resources Inc.

PetroWorth Resources Inc.

November 28, 2006 16:16 ET

PetroWorth Resources Inc. Announces CNQ Listing and Commencement Date of Trading

CALGARY, ALBERTA--(CCNMatthews - Nov. 28, 2006) - PetroWorth Resources Inc. ("PetroWorth" or the "Company") is pleased to announce that the CNQ stock exchange has accepted PetroWorth's Common Shares for listing. The stock will trade under the symbol "PTWR" and the first day of trading will be Wednesday, December 6, 2006.

CNQ is Canada's new, innovative stock exchange for trading the equity securities of emerging companies. CNQ requires enhanced disclosure by its listed companies which is available on This disclosure requirement is combined with streamlined issuer regulation and comprehensive regulatory oversight to meet the unique needs of junior public companies and their investors.

"We have met with PetroWorth's management and we are impressed by their business strategy and prospects for successful oil and gas exploration onshore eastern Canada," said Robert Cook, President of CNQ. "We welcome PetroWorth to CNQ and look forward to a good working relationship."

About PetroWorth Resources Inc.

PetroWorth is a junior oil and gas exploration company with extensive onshore properties in Eastern Canada. The Company has acquired 100% working interests in approximately 375,000 hectares (973,000 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.


- Major strategic position in Eastern Canada, the new frontier for oil and gas exploration.

- To date, more than $15 million has been invested in PetroWorth's properties, positioning the company for extensive exploration and development projects.

- Following an extensive high resolution 2-D seismic program, in October 2004 the Company completed the largest 3-D seismic program on its permitted property in Prince Edward Island.

- As a result of these seismic programs, more than 20 drillable targets (deep and shallow) have been identified on PetroWorth's permitted PEI properties covering 444,000 acres. These targets have attracted farm-in interest from several established oil and gas companies.

- PetroWorth's permitted property in New Brunswick (totaling 41,000 acres) is directly between a major new natural gas discovery (the McCully field with one trillion cubic feet of gas in place) and the Stony Creek oil and gas field, which has produced 800,000 barrels of oil and 28 billion cubic feet of gas to date.

- PetroWorth recently completed the shooting of an extensive 2-D seismic program on its New Brunswick property.

- Close proximity to Maritimes & Northeast Pipeline.

- Strong demand for natural gas in the northeast United States.

- As geological consultant, Shaw & Associates, stated in a report for PetroWorth, "all the necessary ingredients for a major accumulation of natural gas are present in this area."

"PetroWorth has assembled extraordinary land positions onshore eastern Canada," said Neal Mednick, President. "We shall now work very aggressively to exploit those positions to the benefit of our shareholders."

CNQ Price Information

CNQ closing price quotations can be found on or through a broker. Delayed quotes can be found on (with 15 minute delayed market depth),,, and Real-time quotes or order entry is available for a nominal fee on Reuters, KTG, Starquote, Bloomberg, Telerate and Stockwatch.

Trading PetroWorth on CNQ

Individual investors can simply call their broker as they would with an order for a stock listed on any Canadian stock exchange. Most of the bank owned and independent brokerage firms are participating CNQ dealers. Any dealer, however, can handle orders for CNQ listed companies. Orders are entered by participating dealers or market makers. Non-participating dealers simply route orders through participating dealers. Settlement is done by CDS.

For more information on CNQ please contact Mark Faulkner, Director, Listings and Regulation or Rob Theriault, Manager, Listings at 416-572-2000.

Contact Information