PrimeGen Energy Preparing for 2009 Drilling Program With Interpretation of Seismic Data on Russian Natural Gas

BRIDGEWATER, N.J.--(Business Wire)--
PrimeGen Energy Corp. (Other OTC:PGNE.PK) ("PrimeGen" or the "Company")
announces that preparations are underway towards the implementation of the
Company's 2009 exploration and development program.

The planning and preparation work is currently focused on PrimeGen's natural gas
projects in the Krasnoarmeiskome District, Saratovskoi Oblast in Russia. The
initial program phase involves defining high quality 2D and 3D seismic data.
Reprocessing the seismic data will further define the closure of natural gas
traps and a subsequent run of 2D seismic lines may be required to decisively
ensure an optimal drill site selection. Fully defining the gas trap closures is
an efficient approach in heightening the overall probability of success and must
be completed before the initiation of drill site preparations. The Company
expects to receive an AFE (Authority for Expenditure) from the operator in the
near future for the applicable costs.

PrimeGen is convinced that the target location offers a high probability of
drilling successful and commercially viable gas wells and looks forward to
implementing its plans for development in a timely and efficient manner.
Additionally, with analog gas production from nearby wells in the area producing
approximately 3,000 Mcf per day, the Company realistically anticipates to be in
positive cash flow before the fall of 2009.

About PrimeGen Energy Corporation

PrimeGen Energy Corp. is an oil and gas exploration Company whose primary focus
is exploring and developing high potential unconventional resource plays. The
Company`s strategy and development assets are focused on a prolific and historic
oil and natural gas resource play in Krasnoarmeiskome District, Saratovskoi
Oblast in Russia. The Company is headquartered in Bridgewater, NJ and has
offices in Moscow, Russia. PrimeGen Energy plans to use its comparative
advantages in certain geographic regions to expand rapidly through strategic
acquisitions of small oil and gas producing entities and production assets
including wells, properties, operating equipment, and pipelines.

Forward-Looking Statements

This news release contains "forward-looking statements," as that term is defined
in Section 27A of the Act and Section 21E of the Securities Exchange Act of
1934. Statements in this press release, which are not purely historical, are
forward-looking statements and include any statements regarding beliefs, plans,
expectations, or intentions regarding the future.

Actual results could differ from those projected in any forward-looking
statements due to numerous factors. Such factors include, among others, the
inherent uncertainties associated with the development of an early stage company
in the alternative energy industry, its products, and the entry into new markets
for such products. These forward-looking statements are made as of the date of
this news release, and the Company assumes no obligation to update the
forward-looking statements, or to update the reasons why actual results could
differ from those projected in the forward-looking statements. Although the
Company believes that the beliefs, plans, expectations, and intentions contained
in this press release are reasonable, there can be no assurance those beliefs,
plans, expectations or intentions will prove to be accurate. Investors should
consider all of the information set forth herein and should also refer to the
risk factors disclosed in the Company's current and periodic reports filed from
time to time with the Securities and Exchange Commission.

PrimeGen Energy Corp.
Robert Charlton, President, 908-634-3662
www.primegenenergycorp.com

Copyright Business Wire 2009