TQE Torque Energy Com

Torque Energy Inc. (TSX VENTURE:TQE) today filed with Canadian securities
authorities its unaudited consolidated financial statements and related
Management's Discussion and Analysis for the nine month period ended August 31,
2009.


The Company realized a profit of $98,700 ($0.01 per share) for the three month
period ended August 31, 2009 compared to a profit of $659,118 ($0.05 per share)
for the same period in 2008. Funds flow from operations was $260,912 in Q3 2009
($0.02 per share) versus $820,480 ($0.06 per share) in Q3 2008. Total oil and
gas sales revenue less royalties decreased to $619,113 in Q3 2009 from
$1,213,865 in Q3 2008, primarily due to lower oil and gas prices. Production
sales of petroleum and natural gas in Q3 2009 averaged 149 barrels of oil
equivalent per day (BOE/day, see footnote below) and realized an average gross
price of $53.67/BOE. This compares to 138 BOE/day in Q3 2008 with an average
price of $110.50/BOE, a decrease of 49% in the average price.


Operating, general and administrative and interest costs decreased to $375,453
in Q3 2009 from $394,407 in Q3 2008. This net decrease resulted primarily from
lower interest and operating costs offset by an increase in labour related
expenses. This decrease in operating costs resulted primarily as the Company
recorded adjustments to previous estimates based upon reported actual expenses
related to the Mikwan area.


Corporate acquisitions have allowed the Company to create an extensive
proprietary exploration database within the southwestern Ontario portion of the
Michigan geological basin. A number of prospects have been revealed and Torque
is actively acquiring petroleum and natural gas and gas storage leases. This is
proving to be a low cost, internally driven enhancement of the Company's assets.


The Company advises that John Thomson will not be returning to Torque at the end
of his leave of absence. The Company wishes him well.


Copies of the filed documents may be accessed electronically through the SEDAR
website at www.sedar.com.


BOE's may be misleading, particularly if used in isolation. The BOE conversion
ratio of 6 Mcf: 1 bbl used by the Company is based on an energy equivalency
conversion primarily applicable at the burner tip and does not represent a value
equivalency at the wellhead.

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