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News Releases

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| August 28, 2006 |
Pearl Announces Third Quarter 2006 Results |
| June 28, 2006 |
Pearl Exploration and Production Ltd. to Acquire Nevarro Energy Ltd. |
| June 21, 2006 |
Expiry And Withdrawal Of Offer To Acquire SignalEnergy Inc. |
| June 12, 2006 |
Pearl To Proceed With Onion Lake Drilling; Land Negotiation Arrangements In Place |
| May 29, 2006 |
Pearl Announces Second Quarter Results |
| May 19, 2006 |
Pearl Settles Pan-Global Debt |
| May 17, 2006 |
Pearl Announces Cdn $42 Million Private Placement Closed |
| May 15, 2006 |
Offer To Acquire SignalEnergy Inc. |
| May 02, 2006 |
Pearl Announces Cdn $42 Million Private Placement |
| May 01, 2006 |
Pearl Completes Acquisition of Pan-Global Energy Ltd |
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