TRAE Provides Target of $1.64 Million in Revenues from Current Producing Wells for Year End 2005; 75 Percent of Revenues to Hit as Net Profit.

HOUSTON -- Triton American Energy Corp. (Pink Sheets: TRAE) of Houston, TX., is pleased to provide early revenue and net profit targets for year end 2005. These targets are based on oil and gas wells which are currently producing revenues for Triton American Energy.

Currently, Triton American Energy has 50 percent interest in a gas well within Zapata County. This gas well produces approximately 750,000 cubic feet of gas per day. If gas prices fell to $5.00 a barrel, Triton would still make approximately $43,000 per month. Year End 2005 projections from this well can be calculated by multiplying by $43,000 by 12 months. This well is in production and is now driving revenues into the Company.

As indicated in the November 11, 2004 press release, the Francisca De Chapa #1 and #2 wells are currently completed and comprise estimated reserves of 1.57 million cubic feet of gas. Both of these wells are tied into the sales system and are now generating revenues. Management anticipates a minimum of $15,000 per month.

Tritons Dryersdale location has 3 gas wells which are also in production and are anticipated to drive in $30,000 a month in revenues. In addition to the Dryersdale field, Triton has also begun generating revenues from the Elisor Cluxton oil well. This well is currently producing $9,000 a month in revenues.

As previously mentioned in this press release, all wells which are producing for Triton are estimated to drive in $1.64 million dollars in revenue by year end 2005. These wells have a minimum life span of 5 years. Approximately 75% percent of all revenues from these wells will be reflected as net profit and reinvested back into the company in order to place additional wells on line.

President and CEO, Louis Guidry states "We are now entering the stage where our acquisitions are driving in immediate residual revenues for our company. This may be the time for investors to consider if our company is properly valued at these levels." Mr. Guidry continued to state, "We anticipate preparing audited financials by the end of the first quarter 2005 with the incremental move to a new exchange soon after."

About Triton American Energy Corporation:

Triton American Energy is an independent crude oil and natural gas and oil exploration and production company based in Houston, Texas. The companies business plan is structured to take advantage of todays rising energy cost, while reducing as much financial risk as possible. Tritons niche or specialty are the small to moderate operations (usually 1-50 well projects). These wells can be worth hundreds of millions of dollars in revenue but require more hands-on attention then the major producers are willing to give.

For more information, please contact Investor Relations at [phone] for Stephen Taylor or visit our website at: www.tritonamericanenergycorp.com

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the forward looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company's actual results and financial condition to differ materially from those anticipated by the forward-looking statements including, but not limited to, the Company's liquidity and the ability to obtain financing, the timing of regulatory approvals, uncertainties related to corporate partners or third-parties, product liability, the dependence on third parties for manufacturing and marketing, patent risk, copyright risk, competition, and the early stage of products being marketed or under development, as well as other risks indicated from time to time in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.