Triton Energy Corp.

Triton Energy Corp.

April 23, 2008 18:31 ET

Triton Announces Management Team Additions and Private Placement

CALGARY, ALBERTA--(Marketwire - April 23, 2008) - Triton Energy Corp. (TSX VENTURE:TEZ) ("Triton" or the "Corporation") is pleased to announce two additions to its management team: Robert Pinckston, P.Geol. and Frank Raffin, P.Geoph.

Mr. Pinckston recently joined Triton as Manager, Exploration. He has 19 years' experience in the oil and gas industry in Western Canada. He obtained a M.Sc. Degree from the University of Alberta in 1989 and a B.Sc. (Honours) Degree in 1984. Prior to joining Triton, Mr. Pinckston operated his own consulting company, SCE Resources Ltd., which he used for the purpose of generating prospects for industry. Previously, he was Vice President at Highpine Oil & Gas in 2006 and was Vice President, Exploration and co-founder of White Fire Energy in 2005, which was acquired by Highpine, where he led multi-disciplined teams of professionals. From 2001 to 2005 Mr. Pinckston was Exploration Manager and co-founder of Tempest Energy, which was sold to Daylight Energy Trust, and made the initial discovery at Ansell, Alberta for the successful Tempest spin off, Open Range Energy. Mr. Pinckston has also held positions at Husky Energy, Renaissance Energy and Tarragon Oil & Gas having drilled hundreds of wells throughout Alberta and is a member of APEGGA, AAPG and the CSPG.

Mr. Raffin recently joined Triton as Manager, Geophysics. He has over 25 years' experience in the oil and gas industry in Western Canada. He holds a B.Sc. (Honours) Degree in Geology from the University of Alberta (1986) and a B.A. (English Literature) from the University of Calgary (1980). Before joining Triton, Mr. Raffin was Manager, Geophysics at Rockyview Energy Inc. where he was responsible for all geophysical operations throughout the Peace River Arch as well as Western and Central Alberta. Prior to that he held positions of increasing responsibility with Gulf Canada, Equatorial Energy, Resolute Energy, and Dunvegan Energy Ltd. Mr. Raffin also has extensive seismic processing and well site experience and is a member of APEGGA, AAPG and the SEG.

Additionally, the Corporation announces that it has closed a non-brokered private placement (the "Private Placement") with Mr. Pinckston and Mr. Raffin totaling 650,000 units at $0.60 per unit, consisting of 650,000 common shares and 650,000 non-transferable common share purchase warrants (the "Warrants"). Each Warrant entitles the holder to purchase one (1) common share for a period of three (3) years at $0.60 per common share in the first year, $0.70 per common share in the second year and at $0.80 per common share in the third year. The common shares and any common shares issued pursuant to the exercise of the Warrants are subject to a voluntary hold period of twelve (12) months.

Triton is a Calgary, Alberta based Corporation engaged in the exploration, development and production of petroleum and natural gas. The Corporation's common shares are listed on the TSX Venture Exchange under the trading symbol "TEZ".

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

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