2009-01-28-2008-12-29

Purchased 50% WI in 300-acre prospect in Allen Parish, LA.

Petro Resources Corp., Houston, (Amex: PRC) has acquired a 50% working interest in a 300-acre prospect in Allen Parish, Louisiana, from an undisclosed buyer for an undisclosed price. The LeBlanc prospect is an up-dip oil play supported by 3-D seismic. The prospect will be operated by the company and is scheduled to be drilled during the first half of 2009.