PetroWorld Announces National Policy 51-101 Filings
11 June 2006
PetroWorld Corp. announces that it has received from Petrotech Engineering Ltd. a Technical Report dated effective December 31, 2005 titled "Evaluation of the Interests of PetroWorld Corp. in the Development of Songkha and Bua Ban Fields in the Songkhla Basin Concession G5/43, Thailand" (the "Petrotech Report").
The Petrotech Report was prepared by John Yu, P. Eng., a qualified evaluator and auditor as defined in National Policy 51-101 Standards of Disclosure for Oil and Gas Activities of the Canadian Securities Administrators ("NI 51-101").
The Petrotech Report has been filed with each of the British Columbia and Alberta Securities Commissions, together with:
(a) a Form 51-101F1 Statement of Reserves Data and Other Oil and Gas
Information;
(b) a Form 51-101F2 Report on Reserves Data by Independent Qualified
Reserves Evaluator or Auditor; and
(c) a Form 51-101F3 Report of Management and Directors on Oil and Gas
Disclosure (collectively, the "NI 51-101 Forms").
The Petrotech Report and the NI 51-101 Forms may be viewed electronically at www.sedar.com and on the Company's website at www.petroworldcorp.com
On behalf of PetroWorld Corp.
"Frank Inouye"
Chief Executive Officer & Director
For additional information, please visit our website, www.petroworldcorp.com.
"The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release"
For further information: PetroWorld Corp., Frank Inouye, Chief Executive Officer, Tel: +44 (0)207569 9000, Email: investor@petroworldcorp.com; Weber Shandwick, Square Mile, Terry Garrett, Tel: +44 (0)20 7067 0717, Email: tgarrett@webershandwick.com; Canaccord Adams Limited, Ryan Gaffney, Nick Clayton, Tel: +44 (20) 7518 7339, +44 (20) 7518 2777, Email: ryan_gaffney@canaccordeurope.com
Source: newswire
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