Galleon Energy Inc.

Galleon Energy Inc. has retained Sayer Energy Advisors to sell working interests in Alberta. The assets include a 100% working interest in the Heart River property; high working interests from 50% to 100% in and operates a portion of the Clear Hills property; and interests from 15% to 100% in Beaton/Dixonville, Doe Creek and Gift Lake. Total net production has averaged approximately 330 barrels of oil per day (1.52 million cubic feet gas, 76 barrels of oil). Total proved plus probable reserves prepared by DeGolyer and MacNaughton Canada Ltd. at Dec. 31, 2008, are 510,000 barrels of oil equivalent. The bid due date is May 21. The effective date is May 1. Closing is expected in June. Contact Alan Tambosso, 403-266-6133.