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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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