TEZ Triton Energy Corp.

Triton Energy Corp. ("Triton" or the "Corporation") (TSX VENTURE:TEZ) is pleased
to announce a second successful Ellerslie liquids rich natural gas discovery
with the deepening of the 100% owned Triton 14-29-37-8W5M well ("14-29 well").


The 14-29 well, which was deepened by 50 meters and fracture stimulated, is
currently being tested in-line to the Keyera Strachan gas plant. Currently, the
14-29 well is producing against 1,000 psi of pipe line pressure to the high
pressure side of the plant. The 14-29 well is producing approximately 500 boe/d
net sales to the Corporation (100 bbl/d liquids plus 2.8MMcf/d natural gas).


The 14-29 well encountered a twenty-three meter thick Ellerslie sand channel
which directly correlates to Triton's 3D seismic. The net pay in the 14-29 well
was 11 meters of sand and gas in place per section is estimated at 2 BCF per net
meter and 37 bbls of natural gas liquids per MMcf of sales gas. Well spacing on
the Ricinus Ellerslie lands is approved at four wells per section. With the
successful exploratory phase completed, Triton is initiating horizontal drill
plans on the Ellerslie thick channel sand with a horizontal well being planned
for the second half of 2010.


Additionally, Triton plans to spud an Ellerslie exploration well located ten
miles south at the Triton 15-10-36-9W5M well location on or before May 10, 2010.
The Corporation is also in the planning stages of a ten section 3D seismic shoot
on its Ricinus lands with the shoot targeted for summer 2010. The Corporation
has accumulated 20 strategic net sections of land directly on-trend with this
Ellerslie channel and currently has over 25 drilling locations identified on the
Ellerslie trend.


Triton's current production including the 14-29 well is approximately 2,600 boepd.

INVESTOR INFORMATION

Triton is a Calgary, Alberta based corporation engaged in the exploration,
development and production of petroleum and natural gas. The Corporation's
common shares are listed on the TSX Venture Exchange under the trading symbol
"TEZ". Additional information regarding Triton is available under the
Corporation's profile at www.sedar.com.


This press release shall not constitute an offer to sell, nor the solicitation
of an offer to buy, any securities in the United States, nor shall there be any
sale of securities mentioned in this press release in any state in the United
States in which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such state.


Forward Looking and Cautionary Statements

This news release contains forward-looking statements relating to the
Corporation's plans and other aspects of the Corporation's anticipated future
operations, strategies, financial and operating results and business
opportunities. These forward-looking statements may include opinions,
assumptions, estimates, management's assessment of value, reserves, future plans
and operations.


Forward-looking statements typically use words such as "will," "anticipate,"
"believe," "estimate," "expect," "intent," "may," "project," "should," "plan,,"
"intend," and similar expressions suggesting future outcomes, and statements
that actions, events or conditions "may," "would," "could," or "will" be taken
or occur in the future. Specifically, this press release contains
forward-looking statements relating to results and confirmation of exploration
concepts; estimates of production being tested; estimated production additions;
composition of production additions; estimated gas in place; amount of natural
gas liquids to be recovered; timing of operations; and number of drilling
locations. In addition, statements regarding reserves are deemed to be
forward-looking statements, as they involve estimates and assumptions as to the
expectation that the reserves can be economically exploited in the future. The
forward-looking statements are based on various assumptions including
expectations regarding the success of current or future drill wells; the outlook
for petroleum and natural gas prices; estimated amounts and timing of capital
expenditures; estimates of future production; assumptions concerning the timing
of regulatory approvals; the state of the economy and the exploration and
production business; results of operations; performance; business prospects and
opportunities; future exchange and interest rates; the Corporation's ability to
obtain equipment in a timely manner to carry out development activities; and the
ability of the Corporation to access capital. While the Corporation considers
these assumptions to be reasonable based on information currently available to
it, they may prove to be incorrect.


Forward-looking statements are subject to a wide range of assumptions, known and
unknown risks and uncertainties and other factors that contribute to the
possibility that the predicted outcome will not occur, including, without
limitation: risks associated with oil and gas exploration, development,
exploitation, production, marketing and transportation; loss of markets;
volatility of commodities prices; currency fluctuations; imprecision of reserves
estimates; environmental risks; competition from other producers; inability to
retain drilling rigs and other services; incorrect assessment of the value of
acquisitions; failure to realize the anticipated benefits of acquisitions;
general economic conditions; delays resulting from or inability to obtain
required regulatory approvals and to satisfy various closing conditions; and
ability to access sufficient capital from internal and external sources. Readers
are cautioned that the foregoing list of factors is not exhaustive.


Although Triton believes that the expectations represented by such
forward-looking statements are reasonable, there can be no assurance that such
expectations will be realized. As a consequence, actual results may differ
materially from those anticipated in the forward-looking statements and you
should not rely unduly on forward-looking statements. The forward-looking
statements contained in this news release are made as of the date of this news
release. Except as required by applicable law, Triton does not undertake any
obligation to publicly update or revise any forward-looking statements.


Note Regarding BOEs

The term barrel of oil equivalent ("boe") may be misleading, particularly if
used in isolation. A conversion ratio for gas of 6 mcf:1 boe is based on an
energy equivalency conversion method primarily applicable at the burner tip and
does not represent a value equivalency at the wellhead.

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