PORT OF SPAIN, TRINIDAD & TOBAGO AND CALGARY, ALBERTA--(Marketwire - Jan. 12, 2012) - Primera Energy Resources Ltd. (TSX VENTURE:PTT) ("PERL" or the "Corporation") is pleased to announce the results of the annual and special general meeting held in Calgary, Alberta.

At the meeting, the Corporation's shareholders re-elected Geoffrey Leid, Gordon Harris, Philip E. Collins, Patrick Acham and Ian Anthony to the Board of Directors. The shareholders also re-appointed MacKay LLP, Chartered Accountants, as the Corporation's auditors and approved the 10% rolling stock option plan of the Corporation in accordance with TSX Venture Exchange requirements.

In addition, Ronald Bryant has joined the board of directors of the Corporation effective immediately. Mr. Ron Bryant is President, Chief Operating Officer, and a Director of Touchstone Exploration Inc., a public company listed on the TSX Venture Exchange, since February 3, 2011. He is a professional engineer registered in Alberta and Saskatchewan with reservoir engineering and operations background in the areas of offshore development, conventional production and oil sands. Mr. Bryant was previously President and Chief Executive Officer of Abacus Energy, part of Abacus Private Equity. Prior to that, Mr. Bryant was the Chief Operating Officer of a public energy trust until its sale. Touchstone Exploration Inc., controls approximately 23,750,000 common shares of the Corporation representing approximately 41.6% of the Common Shares outstanding.

PERL is a TSX Venture Exchange listed issuer which currently produces approximately 460 barrels of oil per day pursuant to a lease operatorship agreement in South Central Trinidad and has a 16.2% working interest in the Cory Moruga 'E' Block situated onshore Trinidad.

READER ADVISORY

Statements in this press release may contain forward-looking information including expectations of future operations, operating costs, commodity prices, administrative costs, commodity price risk management activity, acquisitions and dispositions, capital spending, access to credit facilities, income and oil taxes, regulatory changes, and other components of cash flow and earnings. The reader is cautioned that assumptions used in the preparation of such information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the issuer. These risks include, but are not limited to, the risks associated with the oil and gas industry, commodity prices and exchange rate changes. Industry related risks could include, but are not limited to, operational risks in development and production, delays or changes in plans, risks associated to the uncertainty of reserve estimates, or reservoir performance, health and safety risks and the uncertainty of estimates and projections of production, costs and expenses. The reader is cautioned not to place undue reliance on this forward-looking information.

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