Archer Petroleum Provides Update on Matagorda Bay Recompletion Prospect

Archer Petroleum Corp (TSX VENTURE:ARK)(DBFrankfurt:A6VA), (the "Company"), is
pleased to provide the following update on its Matagorda Bay recompletion
prospect.


South Bay Resources LLC, ("the Operator") has advised that the Parker 76B rig
arrived under tow on location at the 127-1 well site at 22:30 PM hours,
Wednesday September 28th, 2011. 


Recompletion activities are expected to commence immediately with the
perforation of the Bol Mex sand scheduled to occur in approximately five days,
immediately followed by a Frac Pack. Testing of the well will follow the
completion of the Frac Pack procedure. 


As a result of operational changes including the addition of a Frac Pack
procedure to the completion, the AFE for this operation has escalated to
approximately $2.6m USD. These procedural changes were approved by the Company's
board of directors in an effort to maximize production rates following a
successful completion. 


The Company is funding its share of this increase (approx. US$258,000) through a
combination of cash from its treasury; a sale of a 1% interest in the project
(thereby reducing its working interest from 23% to 22%); and the issuance of a
1.3125% gross overriding royalty in the project. 


About the Matagorda Bay Prospect

The Matagorda Bay recompletion project comprises approximately 1,600 acres and
consists of Texas State Blocks 127, 150 and the North half of Block 151, and
includes 3 existing well bores, an existing 7 mile pipeline to shore and an
onshore oil/gas handling facility.


A key component of this acquisition is the existence of a fully drilled, cored,
logged, cased and shut-in well bore (the 127-1 well) in Block 127. The 127-1
well has multiple pay zones indicated on logs and cores and is expected to be
initially completed in the Bol Mex (8560 - 8710' depth) section of the Lower
Frio. Internal analysis of the logs and cores of the Bol Mex zone indicate
approximately 115 feet of expected oil pay. The reservoir is estimated to cover
a minimum of 350 acres with potential up to 750 acres.


About Archer Petroleum:

Archer Petroleum Corp. is an independent oil and gas company focused on
exploration and development in North America. Archer's assets include properties
in Matagorda Bay including Blocks 127, 150 and 151. The Company's shares are
listed on the TSX Venture Exchange under the symbol "ARK" and the DB Frankfurt
exchange under "A6VA". Further information on Archer can be found on the
company's website at www.archerpetroleum.com.


ON BEHALF OF ARCHER PETROLEUM CORP.

Colin Bowkett, President

Although Archer believes that the expectations and assumptions on which the
forward-looking statements are based are reasonable, undue reliance should not
be placed on the forward-looking statements because Archer can give no assurance
that they will prove to be correct. Since forward looking statements address
future events and conditions, by their very nature they involve inherent risks
and uncertainties. Actual results could differ materially from those currently
anticipated due to a number of factors and risks. These include, but are not
limited to, the failure to obtain necessary regulatory approvals, risks
associated with the oil and gas industry in general (e.g., operational risks in
development, exploration and production; delays or changes in plans with respect
to exploration or development projects or capital expenditures; the uncertainty
of reserve estimates; the uncertainty of estimates and projections relating to
production, costs and expenses, and health, safety and environmental risks), and
commodity price, interest rate and exchange rate fluctuations. The
forward-looking statements contained in this document are made as of the date
hereof and Archer undertakes no obligation to update publicly or revise any
forward-looking statements or information, whether as a result of new
information, future events or otherwise, unless so required by applicable
securities laws.

Arras Minerals (TSXV:ARK)
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