American Stock Exchange Approves Listing of Austral Pacific Energy

Austral Pacific Energy Ltd. (TSXV and NZSX: APX; OTC Bulletin Board: APXYF) has received approval from the American Stock Exchange to list its shares of common stock on the Exchange under the ticker symbol 'AEN.' The Company expects to begin trading on or before April 18, 2005.

The Exchange's approval is contingent upon the Company's being in compliance with all applicable listing standards on the date it begins trading on the Amex.

David Newman, Chairman, commented, "Being listed on the American Stock Exchange adds to our already exciting story which should improve liquidity for shareholders and also broadens our exposure to the investment community."

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