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Torrent Energy Reaches Major Milestone Commercial ### - 500 Beiträge pro Seite


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PORTLAND, Ore., April 24 /PRNewswire-FirstCall/ -- Torrent Energy
Corporation (the "Company") (OTC Bulletin Board: TREN) today announced that it
has reached the Company's most significant milestone to date. Permeability
testing results for its coal-bed methane (CBM) natural gas project located in
Coos Bay, Oregon, show that commercial permeability exists within the
Company's core asset and gives the opportunity to quantify a potential 580 BCF
of CBM resource as developable.
Average permeability for the Company's Westport pilot program has been
measured at 8 millidarcies (md), with test data ranging between a low of 4 md
and a high of 15 md. Permeability as it relates to CBM natural gas
exploration/production is a measurement that defines the ability of gas to
flow within the coal matrix. Permeability recorded at Torrent's Westport
project are analogous to geologically similar and historically prolific CBM
basins such as the Raton, Appalachian and Uinta Basins.
Commenting on the news, Torrent's President and CEO, John Carlson, stated,
"We are extremely pleased with this data that defines above average
permeability at Westport. After three years of field work, these test results
mark a key operational milestone for the Company. We now have the hard
technical reservoir data that, we believe, supports a commercial CBM project
in Coos Bay."
Torrent can now high-grade the 1.2 TCF (trillion cubic feet) resource
attributable to the Company's lease holdings within the Coos Bay Basin using a
permeability-depth relationship developed from the testing results. Management
has determined that by using a 4,000-foot depth cut-off, approximately 50% of
the identifiable CBM resource, or 580 BCF (billion cubic feet), should be
commercially producible. Because of the close proximity to the market area,
the Company is expected to receive a gas price in excess of the posted NYMEX
gas price index. The Company owns an 83.5% net revenue interest in the Coos
Bay project.
Carlson added, "In addition to moving this project into the 'commercially
viable' category, the permeability data allows us to focus our near-term
development plans within the basin, optimizing future well placement. Next, we
will complete the fracture stimulation program on the Westport wells and
establish commercial production rate profiles. Additional well placement and
follow-up drilling will focus initially on the Westport area, which is located
a short distance from the Coos County pipeline."
Operational Highlights
Torrent released the following operational highlights regarding its Coos
Bay, Oregon CBM project:
* Tests were a combination of injection fall-off tests (IFOT) and
diagnostic fracture injection tests (DFIT)

* Good correlation of permeability between IFOT and DFIT results

* Independent evaluation supports determination of commercial
permeability in all Westport wells

* Formation testing also completed on Radio Hill project and Beaver Hill
project areas

* Independent evaluation supports determination of commercial
permeability as function of coal depth in Radio Hill and Beaver Hill
wells
Work will resume on Torrent's Radio Hill and Beaver Hill pilot projects
once adequate pipeline infrastructure reaches these areas.
Methane Energy Corp., Torrent's wholly owned subsidiary and operator of
the Westport project, used the services of Coal Gas Technology Company ("CGT")
to manage all field testing and provide an independent technical analysis of
the test results. Injection fall-off tests were performed on 17 individual
coal seams in the MEC 16-16-26-13 well and diagnostic fracture injection tests
were performed on numerous coal seams in three other Westport wells during
February and March 2007. Formation testing of the Radio Hill and Beaver Hill
wells was completed last fall.
About Torrent Energy Corporation
Torrent Energy Corporation is a growing exploration company focusing on
developing non-conventional natural gas reserves in the Northwestern United
States. The Company's primary objective is to create value for stakeholders by
applying strong technical expertise to projects. The current focus of the
Company's Oregon subsidiary, Methane Energy Corp., is on the exploration of
the Coos Bay Basin project in southwestern Oregon where the Company currently
has a land portfolio that includes over 118,000 acres of prospective land. For
more information please visit www.torrentenergy.com.
On behalf of the Board of Directors,

TORRENT ENERGY CORPORATION
John Carlson, President & CEO
Safe Harbor Statement This news release includes statements about expected
future events and/or results that are forward-looking in nature and subject to
risks and uncertainties. Forward-looking statements in this release include,
but are not limited to, that the new data gives the opportunity to quantify a
potential 580 BCF of CBM resource as developable and supports a commercial CBM
project in Coos Bay; that approximately 50% of the identifiable CBM resource,
or 580 BCF should be commercially producible; that we expect to receive a gas
price in excess of the posted NYMEX gas price index; that we will complete a
fracture stimulation program on the Westport wells and establish commercial
production rate profiles; and that follow-up drilling will focus initially on
the Westport area.
It is important to note that actual outcomes and the Company's actual
results could differ materially from those in such forward-looking statements.
Factors that could cause actual results to differ materially include the
uncertainty of the requirements demanded by environmental agencies, the
Company's ability to raise financing for operations, inability to maintain
qualified employees or consultants, competition for equipment, inability to
obtain drilling permits, potential delays or obstacles in drilling and/or
interpreting data, market fluctuations and spot prices for gas, and the
possibility that no commercial quantities of gas are found or recoverable. For
more risk factors about our Company, readers should refer to risk disclosure
in our most recent 10-K filed on Edgar.
SOURCE Torrent Energy Corporation


Contact Information:
Investor Relations in the U.S., Geoff High, Principal, of Pfeiffer High Investor
Relations, Inc., +1-303-393-7044, geoff@pfeifferhigh.com, for Torrent Energy Cor
oration; or Investor Relations in Canada, Heather Colpitts, Account Manager, of
HF Investor Relations, +1-416-868-1079, ext. 223, heather@chfir.com, for Torrent
Energy Corporation; or John Carlson, President & CEO of Torrent Energy Corp., +1
503-224-0072, jcarlson@torrentenergy.com

WebSite:
http://www.torrentenergy.com
*** end of story ***


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