PrimeGen Energy Oil Well Production Results To Follow

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Tue Jun 30, 2009 10:15pm EDT

BRIDGEWATER, N.J.--(Business Wire)--
PrimeGen Energy Corp. (Other OTC:PGNE.PK) ("PrimeGen" or the "Company") wishes
to advise that the operator of the newly producing Timan-Pechora oil well will
have a production flow rate report available next week for the Company to
announce. 

Company President and CEO Robert Charlton said, "We are very encouraged by
initial flow indications and look forward to a full report examining the well
flow rates during the first week of production." 

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 



Copyright Business Wire 2009

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