TQE Torque Energy Com

Torque Energy Inc. (TSX VENTURE: TQE) advises that due to a number of unforeseen procedural delays in respect of its proposed triangular merger with Eurogas, none of which are related to the merits of the transaction, its Annual and Special General Meeting of Shareholders scheduled for June 30th is being rescheduled to later this summer. Torque will announce the new date for the meeting as soon as it has been set.

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Contacts: Torque Energy Inc. Brian E. Bayley President & CEO 604.689.1428 604.681.4692 (FAX) Torque Energy Inc. David C. Nelms Chief Financial Officer 519.433.7710 519.433.7588 (FAX)