Probe Announces Joint Venture in East Cameron Area

THE WOODLANDS, TEXAS, Apr 29 (MARKET WIRE) --
Probe Resources Ltd. (the "Company" or "Probe") (TSX VENTURE: PBR) is
pleased to announce that it has entered into a joint venture (JV) with
Petrodome Energy, LLC and certain other parties for the drilling of its
East Cameron 37 prospect. The prospect is adjacent to and will be drilled
from the same surface location as Probe's previously announced East
Cameron 36 discovery.

The terms of the JV consist of the proportionate reimbursement of Probe's
sunk costs in the East Cameron 36 well including prospect acquisition
fees, drilling costs, and development costs to date, as well as the JV
partners' proportionate contribution of well costs and future development
costs. Probe will retain a 52% working interest (WI) and a 36.4% net
revenue interest (NRI) prior to project payout (BPPO) and a 41.6% WI and
a 30.784% NRI after project payout (APPO) in the project area. The
project area consists of East Cameron 36, East Cameron 37, and Vermilion
20. Probe will continue as operator of the project area.

The East Cameron 37 well will be directionally drilled under turnkey
contract to approximately 12,700' and will test several Miocene
objectives. Total prospective gross resource estimate is 35 billion cubic
feet of gas equivalent (BCFE). The well is expected to spud in the next
few weeks and approximate duration is 20-25 days.

About Probe Resources Ltd.

The Company, along with its wholly-owned subsidiary Probe Resources US
Ltd. located in The Woodlands, Texas, is an oil and natural gas
exploration and production company focused on generating, acquiring,
developing, and operating drilling prospects within the Texas and
Louisiana Outer Continental Shelf of the Gulf of Mexico.

ON BEHALF OF PROBE RESOURCES LTD.

Scott Broussard, Chief Executive Officer and Chairman of the Board

This news release does not constitute an offer to sell or a solicitation
of an offer to buy any of the Company's securities in the United States.
The Company's securities have not been and will not be registered under
the United States Securities Act of 1933, as amended (the "U.S.
Securities Act") or any state securities laws and may not be offered or
sold within the United States or to U.S. persons unless registered under
the U.S. Securities Act and applicable state securities laws or an
exemption from such registration is available.

Statements in this press release may contain forward-looking information
including expectations of future operations (including drill rig
commitments and use of proceeds), commerciality of any gas discovered,
production rates, operating costs, commodity prices, administrative
costs, commodity price risk management activity, acquisitions and
dispositions, capital spending, access to credit facilities, income and
oil taxes, regulatory changes, and other components of cash flow and
earnings. The reader is cautioned that assumptions used in the
preparation of such information may prove to be incorrect. Events or
circumstances may cause actual results to differ materially from those
predicted, a result of numerous known and unknown risks, uncertainties,
and other factors, many of which are beyond the control of the Company.
These risks include, but are not limited to, the risks associated with
the oil and gas industry, commodity prices and exchange rate changes.
Industry related risks could include, but are not limited to, operational
risks in exploration, development and production, delays or changes in
plans, risks associated to the uncertainty of reserve estimates, or
reservoir performance, health and safety risks and the uncertainty of
estimates and projections of production, costs and expenses. The reader
is cautioned not to place undue reliance on this forward-looking
information.

Neither the TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.

Contacts:
Probe Resources Ltd.
Scott Broussard
Chief Executive Officer and Chairman of the Board
(281) 210-1170
sbroussard@probe-resources.com
www.probe-resources.com

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