TRAE Acquires Interest in 3 Additional Wells with Multiple Sands; Estimated Recoverable Gas Reserves in Excess of 3.65 Billion Cubic Feet

Business Wire, Nov 11, 2004

HOUSTON -- On November 11, 2004, Triton American Energy Corp. (OTC PK: TRAE) of Houston, TX., is pleased to announce they have acquired interest in three additional in Duval County Texas. Estimated recoverable reserves within the wells are in the area of over 3.65 Billion Cubic Feet of Gas and 175 thousand barrels of oil. Estimated life time of wells is in excess of 5 years.

The Odilina Vera #1 Well comprises 3 Sands with proven oil and gas. The Yegua Sand has estimated recoverable reserves from completion of 806 million cubic feet of gas (MMCFG) and 21 thousand barrels of oil (MBO). The Hockley Sand has already produced as much as 1 billion cubic feet of gas (BCFG) and 24 thousand barrels of oil (MBO) in wells north and west of the Vera #1 well. Triton American's estimated recoverable reserves from this completion are 628 million cubic feet of gas and 17 thousand barrels of oil. The third sand within this well is The Tinney Sand. This sand has proven to be a significant oil producer of oil. Estimated recoverable reserves from this completion are 548 million cubic feet of gas and 15 thousand barrels of oil.

There are many shallow pay sands within the Odilina Vera #1 well that appear productive. Possible combined reserves from these shallow sands are 250 million cubic feet of gas and 20 thousand barrels of oil.

The Francisca De Chapa #1 well is currently completed and comprises estimated reserves of 600 million cubic feet of gas. Anticipated initial rate of production is 350 thousand cubic feet of gas per day.

The Francisca Vera De Chapa# 2 well comprises significant reserves. Total estimated recoverable reserves of this completion are 970 million cubic feet of gas and 37,000 barrels of oil. Both wells are tied into the sales system and are ready for production.

President and CEO, Louis Guidry states "Our acquisitions are positioning Triton American Energy for a strong first quarter in 2005. Mr. Guidry continued to state, "I would like to thank all investors for believing in our company. We are now entering the stage where our acquisitions will drive in immediate residual revenues for the company. As always, Triton American Energy provides oil and gas from America, for America."

About Triton American Energy Corporation:

Triton American Energy is an independent crude oil and natural gas and oil exploration and production company based in Houston, Texas. The companies business plan is structured to take advantage of todays rising energy cost, while reducing as much financial risk as possible. Tritons niche or specialty are the small to moderate operations (usually 1-50 well projects). These wells can be worth hundreds of millions of dollars in revenue but require more hands-on attention then the major producers are willing to give.

For more information, please contact Investor Relations at (973) 351-3868 for Stephen Taylor or visit our website at: www.tritonamericanenergycorp.com

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the forward looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company's actual results and financial condition to differ materially from those anticipated by the forward-looking statements including, but not limited to, the Company's liquidity and the ability to obtain financing, the timing of regulatory approvals, uncertainties related to corporate partners or third-parties, product liability, the dependence on third parties for manufacturing and marketing, patent risk, copyright risk, competition, and the early stage of products being marketed or under development, as well as other risks indicated from time to time in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.