PGB Petroglobe

PetroGlobe Inc. ("PetroGlobe" or the "Company") (TSX VENTURE:PGB)  announces
that it has filed with Canadian securities regulatory authorities its audited
financial statements for the year ended December 31, 2010, the accompanying
Management's Discussion and Analysis and the Corporation's Statement of Reserves
Data And Other Oil and Gas Information (National Instrument Forms 51-101F1,
51-101F2 and 51- 101F3). These filings are available for review under the
Corporation's SEDAR profile at www.sedar.com.


ABOUT PETROGLOBE INC.

PetroGlobe is a Calgary, Alberta based public company, engaged in the
exploration, development and production of petroleum and natural gas in Canada.
PetroGlobe's focus is on high working interest, company-operated properties in
Alberta, including Pembina Cardium light oil, Pembina Edmonton Sands natural
gas, Red Earth Slave Point light oil and Sawtooth oil in the Grand Forks/Taber
area of southern Alberta. PetroGlobe's common shares are listed on the TSX
Venture Exchange and trade under the symbol PGB.

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