Patriot Petroleum Corp. to sell Corona Property

NEWS RELEASE

Patriot Petroleum Corp. to sell Corona Property

Vancouver, May 28, 2010 – Patriot Petroleum Corp. (“Patriot” or the “Company”) (TSXV: PPC), has entered into a letter of intent to sell 100% of the mineral, royalty and/or overriding royalty interests it owns in the leases and/or deeds underlying the wells comprising the represented cash flow located in Jonah Field, Sublette County, Wyoming (the “Corona Property”) to an arms-length party for US$980,000.

The Corona Property consists of a 0.5% non-convertible gross overriding royalty interest in 2,560 acres in Sections 10, 14, 24, and 25 Township 28 North, Range 109 West of the Principle Meridian, Sublette County, Wyoming. There are currently 30 producing gas wells on the Wyoming royalty interest lands. The wells produce from the Jonah Field.

The transaction is subject to closing conditions precedent including entry into a definitive purchase and sale agreement, receipt of shareholder and regulatory approvals. The effective date of the transaction upon successful closing will be April 1, 2010. No finder's fee is payable in connection with this transaction.

Patriot intends to use the proceeds of the transaction for general working capital.

Patriot Petroleum Corp. is an oil and gas issuer with its common shares listed on the TSX Venture Exchange.

For further information, please contact John R. Hislop at 604-331-3392.

NEITHER THE TSX VENTURE EXCHANGE INC. NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE INC.) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS PRESS RELEASE.

1100 - 609 West Hastings Street, Vancouver, BC Canada V6B 4W4 T: 604-331-3392 F: 604-688-4712 W: www.patriotpetroleum.com E: [email protected]