Mr. Ken Gray reports

PETRUS RESOURCES LTD. ANNOUNCES RESULTS OF ANNUAL GENERAL MEETING OF SHAREHOLDERS

Petrus Resources Ltd.'s shareholders approved all resolutions at its annual general meeting of shareholders held today. The resolutions approved at the meeting were as displayed herein.

The resolution to fix the number of directors of the company to be elected at the meeting at five directors was approved with 99.951 per cent of votes in favor.

The resolution to appoint the five nominees as directors of the company to serve until the next annual meeting of shareholders of the company, or until their successors are elected or appointed, was passed by way of ballot and each of the directors received the following votes for their election.

The resolution to approve a reduction in the stated capital of the common shares of the company was approved with 99.916 per cent of votes in favor.

The resolution to appoint PricewaterhouseCoopers LLP, chartered professional accountants, as the company's auditor was approved with 99.984 per cent of votes in favor.

About Petrus Resources Ltd.

Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions and risk-managed exploration in Alberta.