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Tuesday, 09/09/2008 11:45:45 PM

Tuesday, September 09, 2008 11:45:45 PM

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Petrosearch
Building Shareholder Value
Petrosearch Energy Corporation (OTCBB:PTSG) is a Houston based independent exploration and production company which has evolved to focus on a significant oil and gas resource play in the United States.
THE MISSION
Our Strategic Goal is to build intrinsic shareholder value through focused operations and a low cost structure. Our Near Term Goal is to bring to the Company additional production and revenues from our existing Waterflood Project.
STRATEGIC HIGHLIGHTS
A majority of our capital expenditures planned through 2008 will focus on revenue and income growth through the drill bit in our core area
The Texas Panhandle waterflood project (38 locations – currently 100% owned/operated)
Our high quality oil and gas assets will allow us to have multiple year growth potential allowing us to align our financing needs with the capital needs of our projects
Our core asset will allow us to re-invest our capital into our project to enhance the rate of return
NEAR TERM HIGHLIGHTS
Texas Panhandle Anadarko Basin waterflood pilot well is on line and first phase is in process
Water treatment facility on the lease, which will provide the water needed for the waterflood, is nearing completion.
INVESTMENT CONSIDERATIONS
A Tightly Focused Drill Bit-Driven Model for propelling cash flow from our core area
Net Proved Reserves approximately 2.2 million boe as of 12/31/07
Market Price below Net Asset Value
Seasoned and Experienced Management Team

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