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.

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.

• 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

• 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.

• 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