ProEx Energy to present at CAPP Oil & Gas Investment Symposium

ProEx Energy to present at CAPP Oil & Gas Investment Symposium

Mr. David Johnson, President and CEO of ProEx Energy Ltd. (“ProEx” or the “Company”) will present at the 18th Annual CAPP Oil & Gas Investment Symposium on Monday, June 12, 2006 at 9.55 a.m., Calgary time and on Tuesday, June 13, 2006 at 3:25 p.m., Calgary time.

A live webcast of the ProEx presentation on Monday, June 12 at 9:55 a.m., along with slides, can be accessed directly at http://events.onlinebroadcasting.com/capp/061206/feed_live.php?co(equal sign)proex or through the Company’s website at www.proexenergy.com.

ProEx is a Calgary based junior oil and natural gas company with operations in northeast British Columbia. Common shares of ProEx are listed on the Toronto Stock Exchange under the symbol PXE.

Forward Looking Statements – Certain information regarding ProEx Energy

Ltd. set forth in this document, including management’s assessment of ProEx Energy Ltd.’s future plans and operations, contains forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond ProEx Energy Ltd.’s control, including the impact of general economic conditions, industry conditions, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other producers, the lack of availability of qualified personnel or management, stock market volatility and ability to access sufficient capital from internal and external sources. ProEx Energy Ltd.’s actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do

so, what benefits that ProEx Energy Ltd. will derive therefrom.

For further information

Mr. David Johnson, President & CEO, Mr. Steven Allaire, Vice President Finance & CFO, ProEx Energy Ltd., 1400,440 -2nd Avenue S.W., Calgary, Alberta, T2P 5K9, Phone: (403) 216-2510, Fax: (403) 216-2514, Email: ir@proexenergy.com, Website: www.proexenergy.com

Source: ProEx Energy Ltd.

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