Profound Energy Inc. Announces New Board of Directors

CALGARY, ALBERTA - (Marketwire - July 3, 2009) - Profound Energy Inc. (TSX:PFX) ("Profound") announces today that each of Messrs. George Chow, William T. Davis, Nicholas R. Wemyss, Keith Macdonald and Richard Bonnycastle have resigned from the board of directors of Profound. Joining the board of directors of Profound in order to fill the vacancies created by such resignations are Susan Riddell Rose, Donald Nelson, Randall Johnson, Cameron Sebastian and Robert Maitland.

In addition, Susan Riddell Rose has been appointed as Profound's new President and Chief Executive Officer.

Profound Energy Inc. is a junior oil and natural gas company based in Calgary, Alberta. The Profound Shares are listed on the TSX under the symbol "PFX". Further information with respect to Profound can be found at its website at www.profoundenergy.ca.

The TSX has neither approved nor disapproved the information contained herein. Website: www.profoundenergy.ca

Tags: ,Energy and Utilities,Oil and Gas ,BOARD OF DIRECTORS

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Profound Energy Inc. Announces New Board of Directors