TRAFINA ENERGY LTD V.TFA.A

Approval News

[MicBellan]

Trafina Announces Approval of Primary Recovery Scheme ApplicationCALGARY, ALBERTA--(Market wire - Oct. 5, 2011) -NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.Trafina Energy Ltd. (TSX VENTURE:TFA.A) ("Trafina" or the "Company") is pleased to announce that it has received final ministerial approval of its Primary Recovery Scheme Application (PRSA). The PRSA allows the Company to commence drilling as many as eight slant wells from one vertical well site on its heavy oil development play in McMullen, Alberta. Construction work to expand an existing vertical well site to accommodate the drilling has begun and subject to rig availability, the Company hopes to commence drilling the slant wells in late November or early December 2011. Proceeds from the sale of the Company's entire working interest in the Pembina Cardium area of Alberta (see September 26, 2011 news release) completed on September 27, 2011 were initially used to reduce indebtedness and thereafter will be used for the Company's McMullen area expenditures.An updated corporate presentation focusing on Trafina's significant potential at McMullen has been posted on Trafina's website at www.trafinaenergy.com. To view the presentation, click on the presentation link on the home page of the site.About TrafinaTrafina is a junior oil and gas company based in Calgary, Alberta. The Company's main areas of interest are in the McMullen area of Alberta and in the Rangeview and Divide areas of southwest Saskatchewan with other operated and non-operated production in Wetaskiwin. Trafina's shares trade on the TSX Venture Exchange under the stock symbol TFA.A and warrants trade under the stock symbol TFA.WT.A.