Triton Energy Corp. ("Triton" or the "Corporation") (TSX VENTURE:TEZ) is pleased
to announce a name change from "Triton Energy Corp." to "Waldron Energy
Corporation", a change in trading symbol to "WDN", and the implementation of its
previously announced consolidation of Triton's common shares on the basis of ten
(10) pre-consolidation shares for one (1) post-consolidation share (the "Share
Consolidation").


Effective at the open of trading on June 14, 2010, Triton will carry on business
under the name "Waldron Energy Corporation" and trade on the TSX Venture
Exchange under the symbol "WDN."


The ten (10) to one (1) Share Consolidation was approved by the shareholders of
Triton at the meeting held June 8, 2010 and will take effect market open on June
14, 2010. Following the Share Consolidation, Triton will have a total of
28,620,477 common shares outstanding, as well as 7,182,560 warrants and
2,085,000 options to purchase common shares outstanding.


No fractional post-consolidation common shares will be issued and no cash will
be paid in lieu of fractional post-consolidation common shares. Any fractional
interest in common shares that is less than 0.5 of a common share resulting from
the Share Consolidation will be rounded down to the nearest whole common share,
and any fractional interest in common shares that is 0.5 or greater of a common
share will be rounded up to the nearest whole common share.


As previously reported, Triton is currently in the process of applying for
listing on the Toronto Stock Exchange (the "Exchange") and expects to begin
trading on the Exchange upon receiving regulatory and other approvals.


Forward Looking and Cautionary Statements 

This news release contains forward-looking statements relating to the
Corporation's plans and other aspects of the Corporation's anticipated future
operations, strategies, financial and operating results and business
opportunities. These forward-looking statements may include opinions,
assumptions, estimates, management's assessment of value, reserves, future plans
and operations. 


Forward-looking statements typically use words such as "will," "anticipate,"
"believe," "estimate," "expect," "intent," "may," "project," "should," "plan,,"
"intend," and similar expressions suggesting future outcomes, and statements
that actions, events or conditions "may," "would," "could," or "will" be taken
or occur in the future. Specifically, this press release contains
forward-looking statements relating to the application for listing to the
Toronto Stock Exchange. 


Although Triton believes that the expectations represented by such
forward-looking statements are reasonable, there can be no assurance that such
expectations will be realized. As a consequence, actual results may differ
materially from those anticipated in the forward-looking statements and you
should not rely unduly on forward-looking statements. The forward-looking
statements contained in this news release are made as of the date of this news
release. Except as required by applicable law, Triton does not undertake any
obligation to publicly update or revise any forward-looking statements.


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