OTC: PGNE

A Great Stock set to jump to the next level!

The TIME TO ACT IS NOW
This stock could easily bounce back to its recent high of $0.27 – if not higher.

	BREAKING NEWS

PrimeGen Energy Rodnikovskogo Project Drilling to Commence

BRIDGEWATER, N.J. -- PrimeGen Energy Corp. (Other OTC:PGNE.PK - News) ("PrimeGen" or the "Company") wishes to advise that as part of the recently previously announced acquisition on March 31, 2009, of a 100% interest regarding an oil and gas project in Rodnikovskogo, Russia, the operator, Seneko, has notified PrimeGen of their mobilization of equipment for the commencement of drilling within the participatory lands.

The well has been titled as the "Rod 10-21" and is scheduled for immediate drilling with preliminary results anticipated within one week from commencement. The operator has advised that the equipment is currently on its way to the targeted location and drilling will begin shortly.

The property is located in the Krasnoarmeiskome District, Saratovskoi Oblast in Russia, one of the most significant oil and gas regions in the country with advanced infrastructure and more than 60 years of oil and gas production history. Saratov lies in the European part of Russia and borders Kazakhstan, the largest oil producing country in Central Asia. The property covers an expansive area of approximately 250 sq km.

Continuing 3D seismic data collection and analysis of the property is scheduled for 2010 and will be running concurrently with the drilling program. Several additional high potential drill targets have already been identified and will be further defined and evaluated for feasibility during the next phase of work on the property. The license is within a highly prospective region with existing oil production on adjacent licenses and the super-giant THK-BP gas field.

Investors are urged to keep a close eye on future developments.

	Why Consider PGNE

Very Impressive Annual Revenues.

6 Wells in production projected to generate $190+ Million Dollars in Annual Revenues! And there is still at least 24 left to go! If you haven’t seen PGNE, then do it now, because this oil play is moving faster than any other public OTC Energy Company you have seen in a while. Here are 4 easy reasons why PGNE is a “MUST-SEE”

Well within 5 months from drilling its first well, PGNE has exploded from an exploration staged company with some promising land to a full fledge oil producing company.

First 6 wells at the Timan-Pechora project are projected to have generated over $35.4 million in revenue. Total production average for the month of October was 7,720 bpd.

Once completed, the aggressive 30 well drill program at Timan-Pechora could yield a daily production rate at Timan-Pechora of 35,000 barrels per day.

OIL PRICES HAVE SKY ROCKETED IN 2009. Since hitting a disastrous low of $35 per barrel, oil is now hovering in the high $70’s range, and recently hit a 2009 high of $82 per barrel.
For PGNE, their news is like clockwork: Drill, reach target depth, well is producing, and on to the next well. Production update numbers soar higher with each completed well. So for PrimeGen, it’s not about the next great release; it’s about the PGNE taking center stage among investors.

Russia is a major world oil producer, sometimes producing even more than Saudi Arabia

PrimeGen Energy Corp. (OTC: PGNE) is a publicly traded oil and gas exploration whose primary focus is exploring and developing high potential unconventional resource plays in Russia and reviewing new opportunities for investment in the other countries of Eastern Europe.

The Company's strategy and assets include an extensive multi-year oil and natural gas resource play in Krasnoarmeiskome District, Saratovskoi Oblast in Russia.
Russia holds the world's largest natural gas reserves, the second largest coal reserves, and the eighth largest oil reserves. Russia is also the world's largest exporter of natural gas, the second largest oil exporter and the third largest energy consumer.

According to the Oil and Gas Journal's 2008 survey, Russia has proven oil reserves of 60 billion barrels.
PrimeGen Energy is is focused on building a substantial oil and gas portfolio in Russia. In October 2008, PrimeGen acquired 100% of the Rodnikovskogo Licence, a low risk, but potentially high reward area. PrimeGen is actively exploring Russia and is constantly reviewing new opportunities for investment in Russia and the other countries of Eastern Europe.

	Corporate Growth

PrimeGen Energy's growth and development includes:

the creation of a well-established oil-producing enterprise, as well as the production and distribution of oil products by means of its inner potential;
the acquisition of assets in order to ensure long-term steady growth, to increase its capitalization and to boost the revenue of its owners;
the creation of a system for monitoring and in-depth analysis with regard to the enhancement of distribution systems. As a result, the company will work out its own distribution system for the purpose of consolidating its stand on the oil market;
the increase of returns from the capital invested by founders of the enterprise. This goal will be reached by means of ensuring a high level of management efficiency and the transparency of corporate structure;
the future use of innovative technologies for on-site oil refining;

	Company Snapshot

About The Company

PrimeGen Energy Corp. is a is a publicly traded oil and gas exploration (Pink Sheets: PGNE) whose primary focus is exploring and developing high potential unconventional resource plays in Russia. The Company's strategy and assets include an extensive multi-year oil and natural gas resource play in Krasnoarmeiskome District, Saratovskoi Oblast in Russia. The Company is headquartered in Bridgewater, NJ and has offices in Moscow, Russia. The Company's short term objectives are:

To become a medium size oil producer from the development and exploitation of the Company's Rodnikovskogo oil & gas property;
To increase substantially the Company's gas reserves and production through the development and extension of its Russian gas assets;
Farm out and drill very substantial and mature prospects identified (3D seismic) in Russia;
As the operator of the Rodnikovskogo permit lead the way to drill the highly regarded Novo- Rodnikovskoe prospect in the Krasnoarmeiskome District.
Continue to develop and leverage the Company's operational and technical expertise by expanding the Company's asset portfolio in Russia.

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	Disclaimer

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Corporate Profile

PrimeGen Energy Rodnikovskogo Project Drilling to Commence

Very Impressive Annual Revenues.

Russia is a major world oil producer, sometimes producing even more than Saudi Arabia

PrimeGen Energy's growth and development includes:

About The Company