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Pilgrim Petroleum Corporation Trading on the Frankfurt Stock Exchange.


IRVING, Texas -- Pilgrim Petroleum Corporation (Pink Sheets: PGPM PGPM Plant Growth Promoting Microorganism
PGPM Pulse Group Position Modulation
PGPM Parallel Gradient Projection Method
) (Frankfurt: PHV PHV Plug-in Hybrid Vehicle
PHV Peak Height Velocity
PHV Peak Hour Volume (traffic & transportation engineering)
PHV Protocol Handler (CDMA voice)
PHV Protocol Handler for Voice
), is pleased to announce today its common stock has been accepted for listing on the Frankfurt Stock Exchange Frankfurt Stock Exchange

The largest of Germany's eight securities exchanges, operated by Deutsche Borse AS.
 and inclusion on its Xetra electronic trading platform. Shares commenced trading December 20, on the Frankfurt Stock Exchange, under the ticker symbol "PHV," with the German CUSIP CUSIP

See: Committee on Uniform Securities Identification Procedures


CUSIP

See Committee on Uniform Securities Identification Procedures.
 (WKN WKN Wertpapier-Kenn-Nummer (identifying number assigned to securities traded in Germany)
WKN Warrior Knowledge Network (US Army) 
) "A0E TGE TGE

transmissible gastroenteritis.
," ISIN Isin (ĭs`ĭn), capital of an ancient Semitic kingdom of N Babylonia. The city became important after the third dynasty of Ur fell to the Elamites and the Amorites (c.2025 B.C.). The phase from c.2025–c.1763 B.C. : US72147P1075.

The Company chose the Frankfurt Stock Exchange as a result of a growing interest from European investors who make up an already existing foreign shareholder base. The listing in Frankfurt will provide a more liquid market to those existing shareholders as well as make the Company more visible and accessible to new shareholders. For more information, visit our website at http://www.bpetroleum.com.

ABOUT THE FRANKFURT STOCK EXCHANGE (FWB)

FWB[R]Frankfurter Wertpapierborse (Frankfurt Stock Exchange) is one of the world's largest trading centers for securities. Operated by the Deutsche Borse AG, FWB is the largest of the eight Germany stock exchanges. The Deutsche Borse's products and services portfolio cover the entire process chain including securities and derivatives trading, transaction settlement, the provision of market information, as well as the development and operation of electronic trading systems. For more information, visit the Deutsche Borse at: http://deutsche-boerse.com.

About Pilgrim Petroleum Corporation

Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is a publicly traded company publicly traded company

A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market.
 (Pink Sheets: PGPM) (Frankfurt: PHV). The company is acquiring oil and gas leases, producing properties, mineral rights and surface interests primary on marginal fields. Once acquired, the company intends to develop each property to maximize the income from each by refurbishing and improving the existing production.

Forward-Looking Statements: The statements which are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties, including but not limited to, the effects of economic conditions, the impact of competition, the results of financing efforts, changes in consumers' preferences and trends. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, because of new information, future events, or otherwise. Future events and actual results may differ materially from those set forth herein, contemplated by, or underlying the forward-looking statements.

2006 Pilgrim Petroleum Corporation. The information herein is subject to change without notice. Pilgrim Petroleum Corporation shall not be liable for technical or editorial errors or omissions contained herein.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 22, 2006
Words:409
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