2009-08-10-2008-09-01-2008-09-01

Bought 50% interest in 507 acres in Peace River Arch area.

Pemberton Energy Ltd., Calgary, (Toronto Venture: PBT) has entered the first of three mineral rights acquisition deals, acquiring a lease in Alberta from an undisclosed seller. Pemberton entered a two-year binding petroleum and gas lease and grant agreement to lease the subsurface mineral rights on an undivided 50% interest in 507 acres in the Peace River Arch area. Pemberton will retain 75% beneficial interest and assume 100% of drilling and completion costs of the well. Pemberton president Richard Saxon says, "Management is extremely pleased with its latest land acquisition that is contiguous to the recently drilled wells and continues negotiations on the additional two parcels. Pemberton will remain in 'tight hole' status until these negotiations are complete and should be unveiling the drill program once the 'tight hole" status is removed in the near future."