Petromin Participates in Signing Ceremony in Beijing January 25, 2008

VANCOUVER, BRITISH COLUMBIA, Jan 30 (MARKET WIRE) --
Further to our news release on July 16, 2007, Petromin (TSX VENTURE:
PTR) is pleased to announce it has executed the final agreement with
China United Coalbed Methane Corp. (CUCBM) to proceed with the first ever
mulit-well CO2 injection into deep unmineable coals for enhanced coal bed
methane (ECBM) production in China. Signed in Beijing on January 25, 2008
by Petromin, Enviro-Energy International Holdings Limited, and CUCBM, the
project will inject carbon (CO2) into deep unmineable coal seams for
enhanced natural gas production from these coals.

This project is a continuation of a single well pilot test in Qinshui,
Shanxi Province that demonstrated the economic potential of CO2
sequestration for ECBM in China that was jointly funded by the Chinese
and Canadian governments in collaboration with the Alberta Research
Council Inc.

1. Purpose of the Co-operative Agreement

By the Co-operative Agreement, the parties enter into a co-operation in
accordance with the laws of the People's Republic of China. The exclusive
purpose of the Co-operation will be to jointly evaluate and implement
Deep Un-mineable Coal CO2 Sequestration and Enhanced Coalbed Methane
Production in China of which the nature is primarily research to enhance
production, recovery, and efficiency in CBM gas production.

2. Term of the Co-operation

The Co-operation begins on the date of execution of the Co-operative
Agreement and will continue to be effective in full force for 5 years or
until terminated as provided in the Co-operative Agreement.

3. Business Management

A joint project steering committee (the "JPSC") will have full authority
to bind the parties in all matters relating to the direction, control and
management, including, but not limited to approval of annual work plan
and budget of the Co-operation. The JPSC will consist of four
representatives, consisting of two from CUCBM, one from Petromin and one
from Enviro Energy.

4. Duties of the parties

Each party will be responsible for its respective duties as follows:

CUCBM

CUCBM will be the operator of the Project and will be in charge of all
the operational matters in the Project including field testing, data
collection, operation, site equipment and materials and providing
technicians, engineers, geologists and others to conduct all the
necessary work on-site in the first phase of the Project.

Petromin Resources Ltd. / Enviro-Energy International Holdings Limited

Petromin Resources Ltd. / Enviro Energy International Holdings Limited
and Alberta Research Council Inc. will conduct the site selection, multi
well testing design, simulation work and analysis, including all the
engineering and geological analysis in the first phase of the Project.

5. Reasons and benefits of the signing of Co-operative Agreement

The project is a milestone project for the clean development of China's
deep CBM reserves. The Project will be a key step towards reducing CO2
emissions (and therefore global warming) while enhancing energy supply.
CO2 geological storage is viewed as one of the most promising mechanisms
to store large quantities of captured CO2 emissions. The Directors
believe that the Co-operative Agreement is in the best interest of the
shareholders of the Company as a whole.

6. Venture Interest

Each party will be responsible for their share of the funding which is
estimated to be approximately 9.9M RMB of which CUCBM's portion is
estimated to be 6.4M RMB and Petromin / Enviro Energy responsible for
3,460,000 RMB. CUCBM will be entitled to 60% of the income, intellectual
property and or benefits derived from this venture and Petromin / Enviro
Energy will equally split the remaining 40% interest (20/20).

An additional 15M RMB or more will be funded by the parties for the
second phase of the Project. The capital contribution of each party in
the second phase will be decided by the JPSC through amicable
consultation.

Any income derived from activities related to intellectual property,
research work, power generation, marketing and sales of natural gas and
any other business activity shall be shared accordingly to each party's
prorated interest.

In addition, Petromin also participates in China CBM exploration through
its shareholding in Terrawest Energy Corp. which holds a Production
Sharing Contract in the southern Junggar Basin of Xinjiang Province in
partnership with CUCBM and PetroChina. Along with other prospective
locations in China, the TWE PSC area in the southern Junggar could be
considered a potential location for sequestration test wells.

On behalf of the Board of Directors,

A. Ross Gorrell, Co-Chairman and President

Contacts:
Petromin Resources Ltd.
Mike Suk
(604) 682-8831
(604) 682-8683 (FAX)
Email: info@petromin.ca
Website: www.petromin.ca

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