PetroGlobe Announces Stock Option Grant


CALGARY, ALBERTA--(Marketwire - Jan. 21, 2010) - PetroGlobe Inc. ("PetroGlobe" or the "Company") (TSX VENTURE:PGB) announces that on November 19, 2009 it granted, in accordance with the Company's stock option plan, options to acquire up to 875,000 common shares of PetroGlobe at an exercise price of $0.14 per share to officers and directors.

ABOUT PETROGLOBE INC.

PetroGlobe Inc. is listed on the TSX Venture Exchange and trades under the symbol PGB. PetroGlobe Inc. carries on business directly in Canada. It conducts business indirectly in the United States through PetroGlobe Energy USA Ltd. Major properties are in the Palo Duro basin of West Texas, Drayton Valley, Breton, Warburg of west-central Alberta.


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