Triton American Well Services Nearly Finished With Initial Phase of Pilot Ahead of Schedule; Blackwell Twelve Well Pilot Project Proceeding Rapidly

Business Wire, July 26, 2006

HOUSTON -- Triton American Energy Corp. (OTC PK: TRAE), provider of natural gas and crude oil, is pleased to report its wholly owned subsidiary Triton American Well Service, LLC (TAWS), has nearly completed the initial phase of preparing the twelve wells chosen for re-completion. Logging services have commenced on the first of the four wells to be radial jet drilled and ultimately connected to the Thermal Pulse Unit (TPU), the Blackwell 10A.

Analysis of data available on the wells has indicated multiple significant pay zones in sections of the Austin Chalk which have not produced. Numerous laterals will be jet drilled into the particular stringers showing the greatest permeability and the least amount of skin damage from previous operations. Completion of the gamma ray neutron logs on all of the wells will pin-point the exact depths for lateral kick-outs utilizing the unique radial jet drilling unit owned by TAWS and currently on-site. Two of the wells have standing oil bearing fluid levels of over 2,000 ft, or within 60 ft of the surface, indicating significant quantities of flush production following the deployment of the jet drilling.

By connecting the wells to the TPU, the newly formed laterals will be stimulated with pulses of heated natural gas, some of which will have been liquefied by the heat created during compression and delivered down-hole. In this manner, the molecules will become agitated, allowing for maximum drainage and subsequent lifting from the well bore to be separated in the TPU, retaining the gas for the next cycle. In-solution gas will be stripped from the hydrocarbon stream allowing for a continuous cycle without the necessity of outside gas purchases, down-hole rods or pump-jacks. This revolutionary and efficient deployment of cutting edge technological processes, upon successful completion of the twelve well pilot, could significantly reduce the cost of production relative to traditional methods, increasing production and lowering costs in conjunction with today's high oil prices.

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

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 company's 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.

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.