Denny Joins Petro Resources as Chief Operating Officer

Petro Resources Corporation reported that James W. Denny, III has agreed to join the Company, effective March 1, 2008, as Executive Vice President and Chief Operating Officer.

Prior to joining Petro Resources, Mr. Denny served as President and Chief Executive Officer of Gulf Energy Management Company, a wholly owned subsidiary of Harken Energy Corporation, from January 2002 until October 2007. From October 1999 until January 2002, he served as Executive Vice President of Operations and Chief Operating Officer for Harken Energy Corporation.

Mr. Denny is a registered Professional Engineer in Louisiana and is a Certified Earth Scientist by the Society of Independent Petroleum Earth Scientists. He is a member of various industry associations, including the American Petroleum Institute, National Society of Professional Engineers, Society of Petroleum Engineers, and the Society of Petroleum Evaluation Engineers.

Wayne Hall, CEO of Petro Resources, said, "Jim Denny brings more than thirty-five years of petroleum engineering and executive experience to our staff and his presence represents a major advancement in the growth of the Company. We look forward to his contributions as we strive to continue to deliver value for our shareholders."