Triton Energy Corp.
TSX VENTURE : TEZ

Triton Energy Corp.

October 25, 2006 17:46 ET

Triton Announces Participation in Deep Test Well

CALGARY, ALBERTA--(CCNMatthews - Oct. 25, 2006) - Triton Energy Corp. ("Triton" or the "Corporation") (TSX VENTURE:TEZ) is pleased to announce that, pursuant to the terms of a Seismic Option Agreement, Triton has received notification from the Optionee that it has elected to drill a deep test well (the "Test Well") on Triton's Section 11-36-11W5M. Shell Canada Limited (the "Operator") will be the operator of the Test Well. Under the terms of the Seismic Option Agreement the Test Well is to be spud within forty-five (45) days of election, subject to certain industry standard conditions. Upon drilling and completing, capping or abandoning the Test Well the Operator will earn an 80% working interest in the Test Well, Section 11-36-11W5M and two (2) additional sections of Triton lands in the area. Triton will have a 20% carried working interest through drilling and completing, capping or abandoning of the Test Well and a 20% working interest thereafter.

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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