PetroWorth Resources Inc.

CNQ: PTWR
FRANKFURT: T3F
Aug 27, 2008 12:16 ET

PetroWorth Reports on Results at A-08 Well in New Brunswick

Un-stimulated Gas inflow confirmed by temperature and noise log response

CALGARY, ALBERTA--(Marketwire - Aug. 27, 2008) - Petro Worth Resources Inc. (CNQ:PTWR) (FRANKFURT:T3F) today reported the results of the petrophysical analysis of the Stoney Creek West A-08 (Feenan #3) well in New Brunswick.

A-08 was drilled to a total depth of 1932 metres in June 2008. KC Petrophysics Inc., based in Calgary, conducted a petrophysical analysis of the log data. The analysis identified two primary zones of interest:

1) Interval 550-620 metres: a gas interval showed cooling effects on the temperature log covering about 150 metres. The noise log recorded notable audio over 60 metres and the total gas mud log registered gas over 40 metres. The total net gas pay for this interval is interpreted to be 70 metres, which includes 15 metres of fractured conventional sand at the top with the remainder being shale. The matrix porosity of the sand and shale is 3-5%.

2) Interval 1130-1149 metres: a gas interval with potential net gas pay of 4.5 metres at average porosity of 8.5%.

PetroWorth concludes that the two intervals described above are good candidates for frac stimulation, the design and timing of which are being determined.

PetroWorth Resources Inc. is a junior oil and gas exploration company with extensive onshore properties in Eastern Canada. The Company has acquired 100% working interests in almost one million acres in nine separate exploration permits on Prince Edward Island, Nova Scotia and New Brunswick. The strategy of the company is to conduct aggressive exploration drilling programs on these permitted properties, both in-house and through advantageous farm-in arrangements.

CAUTION REGARDING FORWARD LOOKING STATEMENTS

Certain statements contained herein constitute forward-looking statements. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "project", "should", "believe", and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. The Corporation believes the expectations reflected in those forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this report should not be unduly relied upon. The Corporation does not undertake any obligation to publicly update or revise any forward-looking statements. The Corporation has adopted the standard of 6 Mcf:1 BOE when converting natural gas to BOE. BOEs may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf:1 BOE is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead.

For more information, please contact

PetroWorth Resources Inc.
Neal Mednick
President
(416) 214-1551 ext. 225
Email: nmednick@petroworth.com