PRIMARY PETROLEUM (TSXV: PIE   PK: PETEF) is pleased to provide you with the following update .

The Tribal Max 1-2817 well is located less than 10 miles north of lease holdings in Pondera and Teton Counties, which comprise of over 170,000 net acres in the Alberta Bakken Basin Fairway of Western Montana

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 BN 01/18 12:18 *ARKANOVA ENERGY CONFIRMS BAKKEN-THREE FORKS PRESENCE

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Arkanova Energy Corporation Confirms Bakken and Three Forks
2011-01-18 12:18:05.224 GMT

     Arkanova Energy Corporation Confirms Bakken and Three Forks Presence

Arkanova Energy Corporation, through its wholly-owned subsidiary Provident
Energy of Montana, LLC, confirms the presence of Mississippian and Devonian
exploration targets of the Southern Alberta Basin in Glacier County, Montana.

  PR Newswire

  HOUSTON, Jan.

18, 2011

HOUSTON, Jan.

18, 2011 /PRNewswire/ -- Arkanova Energy Corporation (OTC
Bulletin Board: AKVA) ("Arkanova Energy"), today announces that Provident
Energy of Montana, LLC ("Provident Energy"), a wholly-owned subsidiary of
Arkanova Energy, recently drilled the Tribal-Max 1-2817 well to an approximate
vertical depth of 5,908 ft to test and confirm the presence of Mississippian
and Devonian exploration targets of the Southern Alberta Basin in Glacier
County, Montana.

These targets are Bakken and Three Forks equivalents.

Initial
results support plans to continue drilling the Mississippian and Devonian
strata.

The intervals continue to be evaluated for the lateral well bore
placement of the proposed Tribal-Max 2-2818 well location.

Provident Energy operates and has a 70% working interest in the Two Medicine
Cut Bank Sand Unit in Pondera and Glacier Counties, Montana.

Primary Petroleum Corp
Suite 800, 744 4th Avenue SW
Calgary Alberta T2P 3T4
Canada

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