PPE Proven

RNS Number:3172X
Plectrum Petroleum PLC
29 May 2007


Press Release

For immediate release: 29 May 2007

Plectrum Petroleum Plc

                      Seismic operations begin in Tunisia

Plectrum Petroleum plc ("Plectrum") is pleased to announce that the seismic
vessel MV CGG Princess has commenced a 3,000km 2D seismic acquisition programme
on the Nabeul Permit, offshore Tunisia. The programme is expected to take 30
days to complete.

The seismic programme is designed to firm up well locations for an initial
drilling campaign targeting prospects analogous to adjacent oil fields including
the nearby Oudna Field (which has estimated current oil production of over
20,000 barrels per day from a single producer). The programme will also target
the significant additional prospectivity anticipated within the Nabeul Permit.

Mike Evans, Plectrum's Chief Operating Officer said:

"Our reprocessing of original seismic identified twelve prospects on the Nabeul
Block. This seismic data will provide a much higher definition of the prospects
and allow us to identify exploration drilling locations."

For further information, please contact:

Plectrum Petroleum Plc www.plectrum.co.uk
Mike Whyatt, Executive Chairman 01330 826710
Mike Evans, Chief Operating Officer

Aquila Financial Limited www.aquila-financial.com
Peter Reilly 020 7202 2601
Yvonne Fraser 020 7202 2609

Notes to Editors:
Oudna Field: Oil production commenced from the Oudna field, offshore Tunisia, on
11 November 2006. Production is from a single production well supported by a
water injection well both tied back to the IKDAM Floating Production Storage
Offloading (FPSO) vessel. The field is operated by Lundin Petroleum AB and its
net oil production from the Oudna field (WI 40%) was 10,100 boepd during Q1
2007."



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            The company news service from the London Stock Exchange

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