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List:       osdl-fastboot
Subject:    [Fastboot] New GrozwthSt0ck Report
From:       "Neva Hoffman" <nevahoffman_ci () stanbury ! co ! nz>
Date:       2005-12-19 21:36:37
Message-ID: 0cdb01c604e4$225816d2$9477ab19 () staithes75 ! freeserve ! co ! uk
[Download RAW message or body]

PREMIUM PETROLEM, INC.

Symb0l: PPTL . PK

Currently trading from 1.5 - 2 cents

3 Day Target_Price:    $0.3

Watch this one ALL WEEK!!


If there are images in this attachment, they will not be displayed.  Download the \
original attachment

Premium Petroleum, Inc. retains Seismic Contractor. Survey Crew mobilized on Boyne \
Lake project. 

Company expects to report seismic results in the first part of January 2006.

Thursday December15, 2005; 10:00 am ET

CALGARY, Alberta-- (BUSINESS WIRE).December 15, 2005--Premium Petroleum Inc. (PINK \
SHEETS: PPTL - News)  announces that it has engaged the well respected contracting \
firm of Boyd Exploration Consultants Ltd to conduct the shooting  of its recently \
designed seismic program. Premium Petroleum Inc. is also pleased to announce that \
surveying crews have been mobilized.   

The seismic program is comprised of three seismic lines for a total of 8.6 km.  The \
lines will tie in the neighbor.s successfully tested  well (3.4 mmcf/day AOF . \
absolute open flow) three quarters of a mile NW of our property and in addition will \
also incorporate parts of  two neighboring sections along with the Company owned \
section. 

The objective of the seismic program is to create a picture of the geologic \
structure, which will assist in determining the optimum drill  location. Seismic data \
results from Boyne Lake prospect to be interpreted and announced by first week of \
January 2006.

Bruce Thomson, President & CEO, states .the power of seismic is that it raises the \
probability of success . in this case from an  estimated 35% to an estimated 70% \
plus..

About Premium Petroleum, Inc.

Premium is set to exploit petroleum and natural gas reserves in an environment of \
unprecedented commodity prices and under the  guidance of a highly qualified \
management and technical team

Premium is an emerging junior oil and gas company financially well connected, coupled \
with a strong management and technical  team focused on exploiting oil and gas \
reserves in the Western Canadian Sedimentary basin to 6000 feet in depth.  Management \
 intends to pursue a growth strategy through Land Assembly, Joint Ventures (Farmin / \
Farmout), and Acquisitions.   The Company has assembled a seasoned team of managers \
and technical professionals in the areas of geology, engineering,  and legal.  With \
the depth of the management and technical team we have assembled, Premium is poised \
for aggressive asset  growth and development..











This news release may contain forward-looking statements within the meaning of \
Section 27A of the Securities Act of 1933,  as amended, and Section 21E of the \
Securities Act of 1934, as amended; such statements are subject to risks and \
uncertainties  that could cause actual results to vary materially from those \
projected in the forward-looking statements. The Company may  experience significant \
fluctuations in operating results due to a number of economic, competitive and other \
factors.  These factors could cause operations to vary significantly from those in \
prior periods, and those projected in forward-looking statements.  Information with \
respect to these factors, which could materially affect the Company and its \
operations, are included on certain forms the Company files with the Securities and \
Exchange


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