CALGARY, ALBERTA--(Marketwire - Nov. 10, 2008) - Triton Energy Corp. ("Triton" or the "Corporation") (TSX VENTURE:TEZ) announced today that it has reached an agreement to sell to an arm's length party 100% of its interests in three producing wells and associated land in the Inland area for $3.25 million in cash, subject to closing adjustments, effective October 1, 2008. Closing is subject to certain conditions including executive approval of the purchaser, due diligence, and execution of a final purchase and sale agreement. Triton's current production from the Inland property is approximately 750 mcf of natural gas per day (125 barrels of oil equivalent per day). The proceeds from this sale will be used to fund Triton's ongoing exploration and development program. Closing is expected to occur on or before November 20, 2008.

At Newton, Triton has received pipeline permit approval for the tie-in of a previously announced, operated 100% working interest dual zone gas well. Tie-in operations are commencing with production expected to commence on or about December 1, 2008. At Sullivan Lake, Triton is proceeding with the tie in of a previously announced operated 100% working interest light oil well with production expected to commence on or about December 1, 2008. At Lanaway, tie in operations are proceeding on a non- operated 50% working interest dual zone light oil and natural gas well with production expected to commence on or about November 15, 2008.

With these three (2.5 net) wells successfully on production and accounting for the sale of the production at Inland, Triton anticipates a 2008 year-end exit production rate of approximately 1,100 barrels of oil equivalent per day.

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".

Forward-Looking Statements

This news release may include forward-looking statements including opinions, assumptions, estimates and management's assessment of future plans and operations, timing of tie in of wells, commencement of production from wells and year-end production rate. When used in this document, the words "anticipate," "believe," "estimate," "expect," "intent," "may," "project," "plan", "should" and similar expressions are intended to be among the statements that identify forward-looking statements. Forward-looking statements are subject to a wide range of risks and uncertainties, and although the Corporation believes that the expectations represented by such forward-looking statements are reasonable, there can be no assurance that such expectations will be realized. Any number of important factors could cause actual results to differ materially from those in the forward-looking statements including, but not limited to, risks associated with oil and gas exploration, development, exploitation, results from testing, production, marketing and transportation, the volatility of oil and gas prices, currency fluctuations, the ability to implement corporate strategies, the state of domestic capital markets, the ability to obtain financing, incorrect assessment of the value of acquisitions, failure to realize the anticipated benefits of acquisitions, changes in oil and gas acquisition and drilling programs, delays resulting from inability to obtain required regulatory approvals, delays resulting from inability to obtain drilling rigs and other services, delays in tie-in operations, results from testing, environmental risks, competition from other producers, imprecision of reserve estimates, changes in general economic conditions and other factors more fully described from time to time in the reports and filings made by Triton with securities regulatory authorities. Readers are cautioned not to place undue reliance on forward-looking statements, as no assurances can be given as to future results, levels of activity or achievements. Except as required by applicable securities laws, the Corporation does not undertake any obligation to publicly update or revise any forward-looking statements.

Disclosure provided herein in respect of barrels of oil equivalent ("boe") may be misleading, particularly if used in isolation. A boe conversion ratio of 6,000 cubic feet of natural gas to 1 barrel of oil is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

FOR FURTHER INFORMATION PLEASE CONTACT:
        Triton Energy Corp.
        Michael S. Zuber
        President & CEO
        (403) 266-5541 ext. 222
        Fax: (403) 266-5579 (FAX)
        Email: mzuber@tritonenergy.ca

        Triton Energy Corp.
        Dean J. Schultz
        Vice President, Finance & CFO
        (403) 266-5541 ext. 229
        Fax: (403) 266-5579 (FAX)
        Email: dschultz@tritonenergy.ca
        Website: www.tritonenergy.ca

Source: Triton Energy Corp.

Triton Energy Corp.
Michael S. Zuber
President & CEO
(403) 266-5541 ext. 222
Fax: (403) 266-5579 (FAX)
Email: mzuber@tritonenergy.ca

Triton Energy Corp.
Dean J. Schultz
Vice President
 Finance & CFO
(403) 266-5541 ext. 229
Fax: (403) 266-5579 (FAX)
Email: dschultz@tritonenergy.ca
Website: www.tritonenergy.ca