Turan Petroleum, Inc. Engages Consultants and Legal Advisors

Turan Petroleum, Inc.
(Pink Sheets: TURP), an independent oil and gas exploration company, today
announced that it has retained the law firm of Greenberg Traurig, LLP to
provide legal services and advice related to Turan Petroleum's operations.
Turan Petroleum has also engaged a Canadian geological consulting firm, LIB
Consultants, Ltd, and a Kazakhstan based geological consulting firm, TOO
KazMunai GeoServices, (engaged directly by TOO Turan EnerPetroleum, Turan
Petroleum's wholly owned Kazakstan based subsidiary) to assist with ongoing
analysis of existing geological studies, assure government compliance and
provide for timely satisfaction of reporting requirements. TOO KazMunai
GeoServices plans to conduct further geological studies, in an effort to
develop Turan Petroleum's ARYS concession, held through its Kazakhstan based
subsidiary, TOO Turan EnerPetroleum.
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The 8th largest law firm in the United States with over 1,400 attorneys
worldwide, Greenberg Traurig, LLP, represents clients from all segments of oil
and gas industries. Its clients range from independent producers and pipeline
companies to major integrated companies, as well as foreign and domestic
regulators and governments. LIB Consultants, Ltd. is a geological consulting
firm headed by Dr. J.K. Lentin, an experienced geologist with substantial
track record of success in Kazakhstan. Dr. Lentin has published in excess of
50 peer-reviewed scientific papers, books and monographs.
LIB Consultants, Ltd. works in the development of new oil companies in
Russia, and Kazakhstan, and has evaluated numerous oil and gas companies for
public offerings. LIB is engaged on international projects in the oil and gas
industry, leading teams of geologists, geophysicists and engineers in
evaluations. LIB has also provided courses to oil company specialists in the
US, Canada, China, and has designed specialized training for staff and
management within oil companies in the former Soviet Union.
Dr. Lentin obtained CIDA grants for training of Russian oil industry
professionals in Canada and for development of management training for LUKOIL
employees. LIB has also worked in the preparation of submissions for World
Bank, IMF, EBRD, EximBank, and government of Canada project funding.
KazMunai GeoServices was engaged to provide analysis of geological studies
performed from the beginning in 2001 through 2005. KazMunai Geo Services
intends to work closely with Turan EnerPetroleum to provide and satisfy
government reporting requirements, and work with in house geologists and
Western consultants to advance the development of the ARYS concession.
"KazMunai GeoServices possesses the requisite expertise to organize and
evaluate our geological studies," observes Yedil Kassymov, President of Turan
EnerPetroleum. "We are effectively arranging a robust support system for our
project," further points out Kassymov. Turan Petroleum's President, Tony
Vanetik, states that, "we are rapidly building a strong, experienced team to
drive the ARYS development."
A wholly owned subsidiary of Turan Petroleum, Inc., TOO Turan
EnerPetroleum is the licensee of the Government of Kazakhstan's ARYS
Concession (Contract # 753) for exploration of hydrocarbons. Turan's ARYS
site covers approximately 22,000 square kilometers in the Southern
Kazakhstan's Kizilordinskoy Region. Initial geological studies have been
completed that show the potential of locating substantial amounts of
recoverable oil and gas products inside the company's Concession. The studies
and initial exploratory drilling have proven the existence of substantial salt
structures within the Concession.
A limited number of seismic lines have already identified numerous bright
spots in association with the salt structures. The Company and its
consultants believe these bright spots may be indicators of hydrocarbons.
Turan Petroleum, Inc. intends to undertake further geological studies, conduct
exploratory drilling and extract hydrocarbons from the ARYS site. The
South-Kazakhstan Region, which is home to the company's ARYS Concession,
contains about 2 million people, and is situated along the famous Silk Road
from Tashkent to Baku.

Turan Petroleum, Inc. is an oil and gas exploration company based in
California. Through its wholly owned Kazakhstan subsidiary, TOO Turan
EnerPetroleum, the Company is pursuing opportunities in new energy markets,
focusing on acquisition and development of oil and gas properties in Eurasia,
and other resource rich regions of the former Soviet Union.

Forward-looking statements in this announcement are made pursuant to the
safe harbor provisions of the Private Securities Litigation Reform Act of
1995. Although Turan Petroleum, Inc. believes the expectations reflected in
such forward-looking statements are based on reasonable assumptions, it can
give no assurance that its expectations will be attained. Investors are
cautioned that all forward-looking statements involve risks and uncertainty,
including without limitation, the costs and risks of exploring and developing
new oil and natural gas reserves, the price for which such reserves can be
sold, environmental concerns effecting the drilling of oil and natural gas
wells, as well as country and political risks, general market conditions,
competition, oil and gas pricing, drilling programs and results. The
forward-looking statements can be identified by the use of forward-looking
terminology such as "may," "expect," "anticipate," "estimate," "continue,"
"believe" or other similar or similarly intended words. We have made
forward-looking statements with respect to the following, among others: our
goals and strategies; our ability to earn sufficient revenues to develop ARIS;
our ability to continue as a going concern. Investors are cautioned that all
forward-looking statements involve high risks and uncertainty, including
without limitation, our limited operating history, the costs and risks of
exploring and developing new oil and natural gas reserves, the price for which
such reserves can be sold, environmental concerns effecting the drilling of
oil and natural gas wells, fluctuations in commodity prices, inconsistent
application, interpretation, and enforcement of applicable Kazakh government
taxes, and Kazakhstan Excess Profits Tax, currency exchange losses if Tenge
depreciates against US Dollar, country and political risks, including
diplomatic and political relations between US and Kazakhstan, costs arising
from environmental liability, uncertain costs of drilling (oil producing
fields located adjacent to ARIS, are not an indication that our drilling or
related efforts will be successful), inability to drill wells that produce
commercial quantities of oil and natural gas, shut-ins of connected wells
resulting from extreme weather conditions, insufficient storage or
transportation capacity or other geological and mechanical conditions, general
market conditions, competition, oil and gas pricing, drilling programs and
results, our future capital needs, etc.

For further information contact Turan Petroleum, Inc. Corporate
Communications via email at info@turanpetroleum.com

or contact:
Tony Vanetik, Chairman & President
Robert Van Duren, CEO
Tel. 714-957-1622

Website: http://www.turanpetroleum.com

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