Primary Petroleum Corporation

Primary Petroleum Corporation

January 10, 2011 10:01 ET

Primary Petroleum Adds Bakken Expertise to Its Technical Team and Board of Directors

CALGARY, ALBERTA--(Marketwire - Jan. 10, 2011) - Primary Petroleum Corporation (TSX VENTURE:PIE)(PINK SHEETS:PETEF) ("Primary" or the "Company") is pleased to announce that James R. Ehrets, P.Geol., has joined Primary's technical team and the Board of Directors, effective immediately.

Mr. Ehrets brings 30 years of experience as a Petroleum Geologist to Primary's current technical team. His past experience includes the last four years as VP Exploration for Headington Oil Company, LLC ("HOC"). As a member of the senior management team for the Texas-based independent, his responsibilities included management of HOC's horizontal Bakken drilling program in the Williston Basin which culminated in the $1.85 billion divesture to XTO Energy. Previously, Mr. Ehrets also served as a consultant to various CamWest Companies where he was involved in horizontal drilling programs in the Northern Rockies and also provided technical assistance for their $300 million asset divestiture to PrimeWest Energy.

"Mr. Ehrets' experience in the geological evaluation and interpretation of oil bearing formations, in particular the Bakken and Three Forks in Montana, will be a great asset to Primary as we move forward in 2011 to further develop our Alberta Basin Bakken prospect in Western Montana and our Williston Basin joint venture prospect in Daniels county in northeastern Montana," comments Rod Haverslew, VP Exploration.

Jim Ehrets comments, "Primary has assembled a strategic acreage position in the developing Bakken Fairway in northwestern Montana, and I am pleased to be involved in advancing operations to the drilling stage. The recent demonstration of key components of the Bakken Petroleum System in the South Alberta Basin makes this a very attractive area for the exploration and development of potentially significant oil reserves."

Mike Marrandino, President & CEO states: "Mr. Ehrets' Bakken experience in both exploration and exploitation in Montana strengthens our team. Our Company and its shareholders are fortunate in retaining someone of this calibre to both our technical team and Board of Directors as we move forward as the largest land holder of non native freehold leases in the Alberta Basin Prospect in Western Montana."

The Company has granted Mr. Ehrets 400,000 stock options, pursuant to the Company's Stock Option Plan, at an exercise price of $0.83 per share and exercisable up to and including January 10, 2016. The issuance of these stock options is subject to the approval of the TSX Venture Exchange.

About Primary Petroleum Corporation

Primary Petroleum is a junior oil and gas company engaged in exploration and development activities in Montana and Alberta and currently holds substantial land positions in two unconventional tight oil plays in North America; the Saturn Prospect in the Williston Basin and the Pondera-Teton Prospect in the Southern Alberta Basin. The Company's mandate is to continue to acquire strategic land positions of merit in the Sedimentary Basin of the Western United States and Canada and seek out qualified industry partners to exploit and develop them. To learn more about us, please visit our website at:

FORWARD LOOKING STATEMENTS DISCLAIMER: Certain statements in this document may contain "forward-looking statements" or "forward-looking information" within the meaning of applicable securities legislation. Such forward-looking statements or information include, without limitation, forecasts, estimates, expectations and objectives for future operations that are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. The Company does not assume the obligation to update any forward-looking statement, except as required by applicable law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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