Patriot Petroleum Corp. Announces Closing of Corona Property Sale

NEWS RELEASE

Patriot Petroleum Corp. Announces Closing of Corona Property Sale

Vancouver, July 8, 2010 – Patriot Petroleum Corp. (“Patriot” or the “Company”) (TSXV: PPC) is pleased to announce that the sale of its Corona Property assets as previously announced on May 28, 2010 has closed following shareholder and TSX Venture Exchange approval. The Corona Property was sold to an arms-length party for US$980,000. The transaction was made effective April 1, 2010.

Proceeds of the transaction will be used for general working capital.

Patriot Petroleum Corp. is an oil and gas issuer with its common shares listed on the TSX Venture Exchange.

For further information, please contact John R. Hislop at 604-331-3392.

NEITHER THE TSX VENTURE EXCHANGE INC. NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE INC.) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS PRESS RELEASE.

900 - 609 West Hastings Street, Vancouver, BC Canada V6B 4W4 T: 604-331-3392 F: 604-688-4712 W: www.patriotpetroleum.com E: [email protected]