PTT Primera Energy Resources Ltd.

Primera Energy Resources Ltd. ("Primera or the "Corporation") (TSX VENTURE:PTT)
is pleased to provide the following corporate update.


Block WD-4

As reported previously, the Corporation has completed drilling and casing the
first two wells in its 2011 drilling campaign. The first well, PS 131RD was
drilled to a depth of 5,626 feet and casing was cemented at 5,524 feet. The well
encountered a total of 255 feet of net pay, of which 109 feet was initially
completed in.


The first well (PS 131RD) has now commenced production at the rate of 79 BOPD,
and the Corporation expects to bring the second well (PS 132RD) onto production
within the next 7 days. 


Primera has identified 11 more sites for their present drilling program which is
anticipated to substantially increase production within the next twelve months
and is continuing with its reservoir characterization study which is aimed
primarily at identifying additional drilling opportunities on the block.


About PERL

PERL is a TSX Venture Exchange listed issuer which currently produces
approximately 377 barrels of oil per day pursuant to a lease operatorship in
South Central Trinidad, has a 16.2% entitlement to the Cory Moruga Block and a
10% entitlement to a Production Sharing Contract for onshore India block
CB-ONN-2005/11. The Cory Moruga prospect has significant potential and regional
implications for PERL.


PERL currently has an approximate working capital surplus of $3.0MM and
approximately 55.4 million common shares outstanding. 


Statements in this press release may contain forward-looking information
including expectations of future operations, operating costs, commodity prices,
administrative costs, commodity price risk management activity, acquisitions and
dispositions, capital spending, access to credit facilities, income and oil
taxes, regulatory changes, and other components of cash flow and earnings. The
reader is cautioned that assumptions used in the preparation of such information
may prove to be incorrect. Events or circumstances may cause actual results to
differ materially from those predicted, a result of numerous known and unknown
risks, uncertainties, and other factors, many of which are beyond the control of
the issuer. These risks include, but are not limited to, the risks associated
with the oil and gas industry, commodity prices and exchange rate changes.
Industry related risks could include, but are not limited to, operational risks
in development and production, delays or changes in plans, risks associated to
the uncertainty of reserve estimates, or reservoir performance, health and
safety risks and the uncertainty of estimates and projections of production,
costs and expenses. The reader is cautioned not to place undue reliance on this
forward-looking information.

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