Petra Petroleum Inc. ("Petra") (TSX VENTURE:PTL) announces that in accordance
with Part 2 of Canadian National Instrument 51-101 Standards of Disclosure for
Oil and Gas Activities, Petra has filed its reserves data and other oil and gas
information for the year ended August 31, 2008. Copies may be obtained at
www.sedar.com or by contacting Petra.


ON BEHALF OF PETRA PETROLEUM INC.

Eric Boehnke, Chief Executive Officer

Forward-Looking Statements:

Statements in this release that are forward-looking statements and are subject
to various risks and uncertainties. Such forward-looking information represents
management's best judgment based on information currently available. No
forward-looking statement can be guaranteed and actual future results may vary
materially. Petra Petroleum Inc. does not assume the obligation to update any
forward-looking statement.