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Triton American Energy Corp Acquires Interest in 18 Additional Oil Wells

Well #18 Currently Generating 78 Barrels of Oil per Day

On September 1, 2004, Triton American Energy Corp. of Houston, TX, is pleased to announce they have completed their final negotiations and have acquired interest in 18 additional oils wells. These wells are located on a 1,020 acre tract on the Humble Oil Field.

The first oil well (well #18) has been completed and is currently yielding revenue for Triton American Energy. The well tested an initial production rate of 78 barrels of oil per day and is on line to the production facilities. Investors can calculate the monthly revenue to be generated from this well by multiplying the barrels per day by 31 days. Well #18 was completed in the Miacene 3600 Sand with over 42 feet of net oil pay. Management anticipates first month's revenue from well #18 to be partially reflected on their financial statements by November 15th with full reflection by December 15th. The additional 17 wells are anticipated to be completed in the coming months in order to take advantage of the rising energy prices.

President and CEO Louis Guidry states, "This is an exciting time for our company. We have continued to acquire abandon wells at a record pace. These wells contain oil and gas which are available for immediate excavation. This most recent 18-well acquisition at Humble Oil Field is designed to yield long-term residual revenue growth as well as an increase in shareprice." Mr. Guidry continued, stating, "It is an honor to manage Triton American Energy and improve shareholder value. Our oil and gas is From America -- For America."

About Triton American Energy Corporation:

Triton American Energy is an independent crude oil and natural gas and oil exploration and production company based in Houston, Texas. The company's business plan is structured to take advantage of today's rising energy cost, while reducing as much financial risk as possible. Triton's niche or specialty are the small to moderate operations (usually 1-50 well projects). These wells can be worth hundreds of millions of dollars in revenue but require more hands-on attention than the major producers are willing to give.

For more information, please contact Investor Relations at (973) 351-3868 for Stephen Taylor or visit our website at: www.tritonamericanenergycorp.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the forward-looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company's actual results and financial condition to differ materially from those anticipated by the forward-looking statements including, but not limited to, the Company's liquidity and the ability to obtain financing, the timing of regulatory approvals, uncertainties related to corporate partners or third-parties, product liability, the dependence on third parties for manufacturing and marketing, patent risk, copyright risk, competition, and the early stage of products being marketed or under development, as well as other risks indicated from time to time in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.