Rochester Energy Corp.

August 14, 2008 20:13 ET

Rochester Energy Corp. Announces Termination of Amalgamation Agreement with Southern Pacific Resources Inc.

CALGARY, ALBERTA--(Marketwire - Aug. 14, 2008) - Rochester Energy Corp. ("Rochester" or the "Corporation") (TSX VENTURE:ROH), listed on the TSX Venture Exchange under the trading symbol "ROH", announces that Southern Pacific Resources Inc. ("Southern Pacific") has terminated the previously announced Amalgamation Agreement respecting the proposed merger with Rochester Energy Corp.

Rochester's core business is the exploration and development of its Christina and Mackenzie oil sands projects. Rochester's head offices are in Calgary, Alberta and it is a reporting issuer in Alberta, British Columbia, and Ontario.

This press release contains certain forward-looking statements. These statements are based on Rochester's current expectations and assumptions that could prove to be incorrect. The forward-looking statements are not guarantees of future performance and undue reliance should not be placed on them. Actual results may differ materially as a result of risks, uncertainties and other factors, such as: changes in the general economic, regulatory, industry, market and business conditions, fluctuations in commodity prices and currency exchange rates; the successful and timely implementation of growth projects; imprecision of reserve estimates; environmental risks; and competition from other industry participants. Also affecting the accuracy of any forward-looking statement is the availability of capital required to implement future operational plans, uncertainties resulting from potential delays or changes in plans, among others.

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

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