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NEWS RELEASE

August  8, 2008 Calgary, Alberta, (TSX.V: PBT, FSE :P5W) Pemberton Energy Ltd. wishes to announce that due to current conditions the Company’s management has elected to not proceed with the flow through and non flow through private placement announced on July 8, 2008 for up to $2,000,000.  The Company continues to work on corporate development and land acquisitions and will announce corporate financing at a later date.

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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