Veraz Petroleum Announces Filing of Second Quarter Financial Statements and Management's Discussion and Analysis


CALGARY, ALBERTA--(Marketwire - Aug. 26, 2011) - Veraz Petroleum Ltd. ("Veraz") (TSX VENTURE:VRZ) is pleased to announce that it has filed its unaudited condensed interim consolidated financial statements and accompanying notes for the three and six month periods ended June 30, 2011 and its related management's discussion and analysis with applicable Canadian securities regulatory authorities.

Copies of these documents may be obtained through the Internet on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com.

Veraz Petroleum Ltd. is a junior South American focused oil and gas exploration company based in Calgary, Alberta.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information:

Veraz Petroleum Ltd.
Gerardjan ("Oppe") Cosijn
President and Chief Executive Officer
(403) 781-7930
oppe.cosijn@verazpetroleum.com

Veraz Petroleum Ltd.
Colin Christie
Vice President, Finance and Chief Financial Officer
(403) 781-7931
colin.christie@verazpetroleum.com

Veraz Petroleum Ltd.
200, 209 - 8th Avenue SW,
Calgary, Alberta, Canada T2P 1B8
(403) 781-7930
www.verazpetroleum.com