oil and gas well investing
oil and gas investing 1.66 million share PP

Pemberton completes 2D and reprices private placement.

April 10, 2007 Calgary, Alberta, (TSX.V:PBT, FSE :P5W)

Pemberton Energy Ltd (“Pemberton”) is pleased to announce that it has successfully completed its 2D program located NW of its completed 3D-2007 Gage program. This 2D project consists of two lines; West to East line is 2.4 km and North to South line is 3.2 km long.  All 2D records have been shipped to Calgary for processing and interpretation.

Pemberton Energy Ltd. also wishes to advise that it has repriced its previously announced non-brokered private placement. Under the revised terms of the financing, the Company will issue up to 1,000,000 non -flow through units at $0.40.  Each unit of the non flow through private placement shall consist of one share and one two year warrant to acquire one common share entitling the holder to purchase an additional share at $0.60 in the first year and at $0.70 if purchased in the second year.

Pemberton Energy Ltd’s principal business is the acquisition, exploration and development of petroleum properties. The company continues to focus on its primary corporate objective: the creation of value for shareholders by identifying oil and gas accumulations with relatively low geological risk but with substantial reserve potential.

For additional information please contact the Company at 604-269-9801 or info@pembertonenergy.ca

On Behalf of Pemberton Energy Ltd.

“Miroslava Antoniouk”
___________________________
Miroslava (Antonuk) Antoniouk, Director

 

TSX VENTURE EXCHANGE HAS NEITHER APPROVED NOR DISAPPROVED OF THE CONTENTS HEREIN