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ALPETRO RESOURCES LTD. ANNOUNCES ITS FILING FOR THE NINE MONTH PERIOD ENDED SEPTEMBER 30, 2007 E-mail

ALPETRO RESOURCES – (TSX – V: ALF)

PRESS RELEASE

November 28, 2007

Sedar Filing

Alpetro Resources Ltd., (“the Corporation”), listed on the TSX VENTURE
EXCHANGE under the trading symbol “ALF”, announces its filings for the nine month
period ended September 30, 2007 on Sedar of its Third Quarter Report, Financial
Statements and Management’s Discussion and Analysis.

Alpetro’s net production for the third quarter ended September 30, 2007 averages 535
mcf/d of natural gas, 25 bbl/d of oil and 10 bbl/d of NGL’s.

Petroleum and Natural Gas revenue for the nine months ended September 30, 2007
totaled $2,147,533 down 19% from $2,657,234 in the same period ended September 30,
2006.

As of November 27, 2007 Alpetro signed a Farm Out Agreement with a Calgary based
oil and gas company to raise $870,000 for the development of two shut-in wells in the
Edson area of Alberta.

This disclosure may include statements about future events and financial results that are
forward-looking in nature and subject to substantial risks and uncertainties. The
Company cautions that actual performance will be affected by a number of factors, many
of which are beyond its control.

For further information please contact:

Mr. Nazrul Islam, President
Alpetro Resources Ltd.
2240, 444 – 5 Avenue SW
Calgary, AB T2P 2T8
(403)234-9006
Email: naz@alpetroresources .com

ALPETRO RESOURCES – (TSX – V: ALF)

PRESS RELEASE

November 28, 2007

Sedar Filing

Alpetro Resources Ltd., (“the Corporation”), listed on the TSX VENTURE
EXCHANGE under the trading symbol “ALF”, announces its filings for the nine month
period ended September 30, 2007 on Sedar of its Third Quarter Report, Financial
Statements and Management’s Discussion and Analysis.

Alpetro’s net production for the third quarter ended September 30, 2007 averages 535
mcf/d of natural gas, 25 bbl/d of oil and 10 bbl/d of NGL’s.

Petroleum and Natural Gas revenue for the nine months ended September 30, 2007
totaled $2,147,533 down 19% from $2,657,234 in the same period ended September 30,
2006.

As of November 27, 2007 Alpetro signed a Farm Out Agreement with a Calgary based
oil and gas company to raise $870,000 for the development of two shut-in wells in the
Edson area of Alberta.

This disclosure may include statements about future events and financial results that are
forward-looking in nature and subject to substantial risks and uncertainties. The
Company cautions that actual performance will be affected by a number of factors, many
of which are beyond its control.

For further information please contact:

Mr. Nazrul Islam, President
Alpetro Resources Ltd.
2240, 444 – 5 Avenue SW
Calgary, AB T2P 2T8
(403)234-9006
Email: naz@alpetroresources .comALPETRO RESOURCES – (TSX – V: ALF)

PRESS RELEASE

November 28, 2007

Sedar Filing

Alpetro Resources Ltd., (“the Corporation”), listed on the TSX VENTURE
EXCHANGE under the trading symbol “ALF”, announces its filings for the nine month
period ended September 30, 2007 on Sedar of its Third Quarter Report, Financial
Statements and Management’s Discussion and Analysis.

Alpetro’s net production for the third quarter ended September 30, 2007 averages 535
mcf/d of natural gas, 25 bbl/d of oil and 10 bbl/d of NGL’s.

Petroleum and Natural Gas revenue for the nine months ended September 30, 2007
totaled $2,147,533 down 19% from $2,657,234 in the same period ended September 30,
2006.

As of November 27, 2007 Alpetro signed a Farm Out Agreement with a Calgary based
oil and gas company to raise $870,000 for the development of two shut-in wells in the
Edson area of Alberta.

This disclosure may include statements about future events and financial results that are
forward-looking in nature and subject to substantial risks and uncertainties. The
Company cautions that actual performance will be affected by a number of factors, many
of which are beyond its control.

For further information please contact:

Mr. Nazrul Islam, President
Alpetro Resources Ltd.
2240, 444 – 5 Avenue SW
Calgary, AB T2P 2T8
(403)234-9006
Email: naz@alpetroresources .com
 
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Contact Information

Alpetro Resources Ltd.
Suite 103, 1118 - 12th Ave. SW
Calgary, Alberta T2R 0P4

Ph:  (403) 234-9006
Fax: (403) 266-5959

Information Request:
info@alpetroresources.com