NEWS RELEASE

Pemberton adds two shale gas targets to its oil play

 May 15, 2008  Calgary, Alberta, (TSX.V:PBT, FSE :P5W)  Pemberton Energy Ltd. (“Pemberton”) is pleased to announce that after further evaluation by our geological team of the recently drilled two vertical wells on our Gage Peace River Arch Property we have identified two thick shale gas plays in our 10-15 well from a depth of 1040 m to 1078 m and in the 6-15 well from a depth of 1052m to1082 m. Additional analysis and reserve calculation will be conducted by third party consultants to further asses the data acquired from these two vertical wells.  Pemberton holds 100% Working Interest with a 75% Benefitial Interest in these two wells.

A copy of the well log related to the shale gas findings will be available on the company’s corporate web site www.pembertonenergy.ca .  These two shale gas plays sit above the Montney oil play previously announced on May 13, 2008.

President Richard Saxon states:  “Management is pleased with these new findings that have just been qualified.  Shale gas plays have only recently come to light in Canada as new drilling, fracing and completion techniques, such as fracing with propane gel, have become available. We feel adding these two shale gas plays to the equation will add shareholder value and contribute to the growth of Pemberton”.

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.

Ms. “Miroslava Antonuk”
___________________________
Miroslava Antonuk, Director

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

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