Petro Resources Corporation (AMEX: PRC) ("the Company") provides an update on office operations as a result of Hurricane Ike.

Hurricane Ike struck Houston, Texas early Saturday morning leaving most of the city without electrical power. As a result, the building in which the Company offices are located has been closed until such time as essential services can be restored and the building can be re-opened. The building suffered no damage however the Company will have limited or no corporate communications capability until such time as the services are restored and the office can be re-opened. Onshore production has not been affected.

About Petro Resources

Petro Resources Corporation is an independent exploration and production company engaged in acquisitions of exploratory leases, acquisitions of producing properties, secondary enhanced oil recovery projects, exploratory drilling, and production of oil and natural gas in the United States.

For more information, please view our website at www.petroresourcescorp.com.

Contact: Brad Holmes Investor Relations (713) 654-4009 or Don Kirkendall President (832) 369-6986

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