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Peregrine Petroleum Debuts New Educational Assistance Program

        Peregrine Petroleum Debuts New Educational Assistance Program

Texas-based oil and gas company providing educational opportunities for
employees

PR Newswire

DALLAS and HOUSTON, Sept. 18, 2013

DALLAS and HOUSTON, Sept. 18, 2013 /PRNewswire/ -- Texas-based Peregrine
Petroleum is helping its employees meet their higher education goals through a
new program that provides reimbursement for completed course work at
accredited schools.

Peregrine, founded by a group of energy industry veterans from Hunt Petroleum
Corp., is one of the nation's leading private oil and gas companies.

"Some of the top energy professionals in the country work at Peregrine
Petroleum, and we're excited about helping them continue their education so
they can provide the best possible results for our partners and investors
alike," says Michael B. Wisenbaker Jr., president of Peregrine. "We're making
a significant financial commitment for team members who want to build on their
existing educational achievements."

Under the new program, Peregrine's full-time employees who qualify will be
reimbursed for tuition, books and other associated fees for completing courses
at approved, accredited schools, including correspondence courses, self-study
programs, review courses, and license and certification testing.

Brandon Scott, operations engineer at Peregrine, is the first employee to
participate in the educational assistance program. A graduate of Louisiana
State University, where he earned a Bachelor of Science in petroleum
engineering, Mr. Scott now is pursuing his Master of Business Administration
at the Tulane University Freeman School of Business. He joined Peregrine in
2011 after previously working at Marathon Oil Corp.

"This advanced degree will not only benefit my work, but also will help with
advancement opportunities at Peregrine," says Mr. Scott. "I'm proud to be the
first participant in this new initiative, and I'm sure many of my co-workers
soon will be pursuing advanced degrees themselves."

About Peregrine Petroleum

Founded in 2008, Peregrine Petroleum is one of the nation's leading private
oil and gas exploration and development companies. With offices in Dallas and
Houston, Peregrine maintains active operations in some of the nation's top oil
and gas trends, including the Permian Basin in West Texas and the Bakken and
Three Forks Shale in North Dakota's Williston Basin. Peregrine's continuing
growth initiatives are focused on internal and external oil and gas
exploration and development, joint ventures and acquisitions in the Permian
Basin, Williston Basin, East Texas, Gulf Coast and Middle America regions.
Learn more about the company at http://www.peregrinepetroleum.com.

For more information, please contact Bruce Vincent at 800-559-4534 or
bruce@androvett.com.

SOURCE Peregrine Petroleum

Website: http://www.peregrinepetroleum.com