Triton Energy Corp.

Triton Energy Corp.
Waldron Energy Corporation

Waldron Energy Corporation

June 14, 2010 06:00 ET

Triton Energy Corp. Announces Name Change, Stock Symbol Change and Share Consolidation

CALGARY, ALBERTA--(Marketwire - June 14, 2010) - Triton Energy Corp. ("Triton" or the "Corporation") (TSX VENTURE:TEZ) is pleased to announce a name change from "Triton Energy Corp." to "Waldron Energy Corporation", a change in trading symbol to "WDN", and the implementation of its previously announced consolidation of Triton's common shares on the basis of ten (10) pre-consolidation shares for one (1) post-consolidation share (the "Share Consolidation").

Effective at the open of trading on June 14, 2010, Triton will carry on business under the name "Waldron Energy Corporation" and trade on the TSX Venture Exchange under the symbol "WDN."

The ten (10) to one (1) Share Consolidation was approved by the shareholders of Triton at the meeting held June 8, 2010 and will take effect market open on June 14, 2010. Following the Share Consolidation, Triton will have a total of 28,620,477 common shares outstanding, as well as 7,182,560 warrants and 2,085,000 options to purchase common shares outstanding.

No fractional post-consolidation common shares will be issued and no cash will be paid in lieu of fractional post-consolidation common shares. Any fractional interest in common shares that is less than 0.5 of a common share resulting from the Share Consolidation will be rounded down to the nearest whole common share, and any fractional interest in common shares that is 0.5 or greater of a common share will be rounded up to the nearest whole common share.

As previously reported, Triton is currently in the process of applying for listing on the Toronto Stock Exchange (the "Exchange") and expects to begin trading on the Exchange upon receiving regulatory and other approvals.

Forward Looking and Cautionary Statements

This news release contains forward-looking statements relating to the Corporation's plans and other aspects of the Corporation's anticipated future operations, strategies, financial and operating results and business opportunities. These forward-looking statements may include opinions, assumptions, estimates, management's assessment of value, reserves, future plans and operations.

Forward-looking statements typically use words such as "will," "anticipate," "believe," "estimate," "expect," "intent," "may," "project," "should," "plan,," "intend," and similar expressions suggesting future outcomes, and statements that actions, events or conditions "may," "would," "could," or "will" be taken or occur in the future. Specifically, this press release contains forward-looking statements relating to the application for listing to the Toronto Stock Exchange.

Although Triton believes that the expectations represented by such forward-looking statements are reasonable, there can be no assurance that such expectations will be realized. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements and you should not rely unduly on forward-looking statements. The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by applicable law, Triton does not undertake any obligation to publicly update or revise any forward-looking statements.

Neither the 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.

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