Trafalgar Energy Ltd. provides operational update

CALGARY, April 16 /CNW/ - Trafalgar Energy Ltd. (TSX: TFL.TO) ("Trafalgar" or the "Company") is pleased to provide an operational update.

During the first two weeks of April production has averaged 825 boe per day (based upon field estimates) as 2.5 to 3 million cubic feet per day (425 - 500 boe per day) of production has been disrupted at Mackay due to elevated sales line pressures at the third party gas plant. Trafalgar has been advised by the operator that the problem has been resolved and that the plant is currently returning to full production, which is expected to be achieved later this week.

Trafalgar's previous guidance remains unchanged. Production for 2008 is forecasted to average 1,225 to 1,325 boe per day and year end exit production of 1,425 to 1,525 boe per day.

At Grouard, early indications of the waterflood project are encouraging as declines from this oil pool have been completely arrested. Historically, production had declined at 40% per year. Production is expected to slowly increase in the second quarter as the influence of the waterflood grows. Water injection rates have been increased from 20 cubic meters per day to 45 cubic meters per day to further support potential production increases and increased oil recovery.

Forward Looking Statements - Certain information regarding Trafalgar set forth in this document, including management's assessment of Trafalgar's future plans and operations, contains forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond Trafalgar's control, including the impact of general economic conditions, industry conditions, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other producers, the lack of availability of qualified personnel or management, stock market volatility and ability to access sufficient capital from internal and external sources. Trafalgar's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits that Trafalgar will derive therefrom.

Boe Advisory - The term "Boe" or barrels of oil equivalent may be misleading, particularly if used in isolation. A Boe conversion ratio of six thousand cubic feet per barrel (6 Mcf: 1 Bbl) of natural gas to barrels of oil equivalence is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead.

Contacts

TRAFALGAR ENERGY LTD.: Robert Wollmann
President and CEO
Telephone (403) 216-2706
Email rwollmann@trafalgarenergy.ca

Daniel Belot
Vice President Finance and Chief Financial Officer
Telephone (403) 216-2707
Email dbelot@trafalgarenergy.ca or visit www.trafalgarenergy.ca