CALGARY, ALBERTA - (Marketwire - Nov. 20, 2008) - Triton Energy Corp. ("Triton" or the "Corporation") (TSX VENTURE:TEZ) announced today that it has closed the previously announced sale of 100% of the Corporation's interests in three producing wells and associated land in the Inland area to an arm's length party for $3.25 million, subject to closing adjustments, effective October 1, 2008. The proceeds from this sale will be used to fund Triton's ongoing exploration and development program.
Triton is a Calgary, Alberta based corporation engaged in the exploration, development and production of petroleum and natural gas. The Corporation's common shares are listed on the TSX Venture Exchange under the trading symbol "TEZ".
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.
Website: www.tritonenergy.ca
Tags: ,Energy and Utilities,Oil and Gas ,OIL/GAS EXPLORATION UPDATE
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