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Distributed: July 24, 2010

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Sydney, July 24, 2010 (ABN Newswire) - FINANCE VIDEO: Pryme Oil And Gas (ASX:PYM) (OTCQX:POGLY) CEO Justin Pettett Speaks With Brian Carlton About Business Opportunites And Growth Stategies at Symposium Resources Roadshow in Sydney.

View the video at:
http://www.abnnewswire.net/multimedia/en/63376/Pryme-Oil

Mr Pettett is the co-founder of Pryme and has sixteen years experience at a Managing Director level of medium sized businesses, the last nine specifically in the U.S. oil and gas industry. He has drilled over 120 Wilcox trend wells throughout Central Louisiana resulting in the discovery of new oil fields. Along with conventional natural gas wells throughout Oklahoma, more specifically the co-management of the development of a 27 well CBM field also in Oklahoma.

Mr Pettett has widespread experience and knowledge from the board room through to the oil field covering many facets of the oil and gas industry including acquisitions and development, financial analysis, business development, investor relations, capital aggregation and financial and administrative management.

Mr. Pettett is an associate member of the American Association of Petroleum Geologists and a member of the Australian Institute of Company Directors.

Justin Pettett
Managing Director & CEO
Pryme Oil & Gas
Tel: +61-7-3371-1103
Fax: +61-7-3371-1105
www.prymeoilandgas.com


About Pryme Energy Limited

Pryme Energy Limited (ASX:PYM) (OTCQX:POGLY) is an Australian oil and natural gas producer and explorer with interests in the Gulf States of the U.S. The company has oil and gas exploration projects focused on Louisiana, the fifth-largest oil-producing state in the U.S. These projects are funded in part by existing cash flow. Pryme's board of directors and management team has over 100 years of energy industry experience and has uniquely focused local knowledge, underscored by the proven track records of its managers and directors. Pryme Energy Limited shares are available either through the purchase of its ordinary shares on the Australian Securities Exchange (ASX) or through its listed American Depositary Receipts (ADRs) in the U.S. on the OTCQX.

Contact

Justin Pettett
Managing Director & CEO
Pryme Oil & Gas
Tel: +61-7-3371-1103
Fax: +61-7-3371-1105
www.prymeoilandgas.com

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