Primary Petroleum Corporation
TSX VENTURE : PIE
PINK SHEETS : PETEF

Primary Petroleum Corporation

February 18, 2009 10:00 ET

Primary Petroleum Increases Production With the Tie-In of Its Twin Lakes Gas Well

CALGARY, ALBERTA--(Marketwire - Feb. 18, 2009) - Primary Petroleum Corporation (TSX VENTURE:PIE)(PINK SHEETS:PETEF) ("Primary" or the "Company") is pleased to announce that its Twin Lakes 7-35 gas well (100% before payout and 50% after payout) has been tied in and commenced production on February 9, 2009. The gas well is currently producing at approx. 300 thousand cubic feet per day ("mcf/d") or 50 barrels of oil equivalent per day ("boe/d"). The production from this gas well has increased the Company's current overall production by 47% to 140 boe/d.

"We are very pleased to have been able to tie-in this well on time and on budget, since its location is winter access only," stated Mike Marrandino, President & CEO of Primary. "We can now inform our shareholders that the production from this well at current market prices will enable Primary to operate on a cash flow neutral basis in this current market environment."

Primary would also like to update the investment community that further to the News Release dated October 8, 2008, it has successfully completed the drilling and testing of the Mannville 13-33 gas well. After reviewing the extended production test with its joint venture partner it was concluded that since the tie-in of the well is accessible year round, the well would remain shut in until current gas prices increased to improve the commercial viability of the tie-in, currently estimated at $300,000 ($150,000 net). Based on the success of the Mannville 13-33 gas well, Primary is currently evaluating a 2D seismic program over its remaining 2,170 net acres that it holds in the Swimming Mannville area.

About Primary Petroleum Corp.: Primary is a growing oil and gas company actively engaged in exploration and development activities in Montana and Alberta with its head office located in Calgary. Primary's management and technical team include accomplished oil and gas exploration and development personnel, with extensive experience. The Company's mandate is to continue to aggressively acquire oil & gas prospects of merit in the Sedimentary Basin of the Western United States and Canada with a focus on acquiring assets in Montana whereby Primary maintains control of its own land plays and drilling operations.

To find out more about Primary Petroleum Corporation visit our website at www.primarypetroleum.com.

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.

Contact Information