Texalta Petroleum Ltd.
TSX VENTURE : TEX.A

Texalta Petroleum Ltd.

April 28, 2008 09:00 ET

Texalta to Drill Additional Leg at West Queensdale, SK

CALGARY, ALBERTA--(Marketwire - April 28, 2008) - Texalta Petroleum Ltd. ("Texalta") (TSX VENTURE:TEX.A) is pleased to announce that approval has been received from Saskatchewan Energy and Resources to drill an additional leg to a horizontal well at West Queensdale, Saskatchewan.

The area targeted for the new horizontal leg is offset by two vertical oil wells on the south side and a producing horizontal well on the north side. New 3D seismic information suggests much more favourable reservoir along the track of the new leg at 3HZ 1D14-25-2C16-26-6-2 W2M.

The rig will move on site on Tuesday April 29, 2008 and drilling is expected to take 3 to 4 days. Texalta's working interest in this well is 40.43 percent.

As soon as the drilling of this well has been completed, subject to final government approval, the company expects that the rig will move to Wordsworth to commence the drilling of a Mississippian (Alida) horizontal well in which Texalta holds a 47.5 percent working interest.

TEX.A is a Calgary based company engaged in the exploration, acquisition and development of prospective oil & gas properties in Saskatchewan and Alberta, Canada. The company holds 100 percent working interest in two exploration permits covering in excess of 5.5 million acres of prospective land in the Georgina Basin, Northern Territory, Australia.

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

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