Archer Petroleum Fails to Find Producible Hydrocarbons in Its Matagorda Bay 127-1 Well

Archer Petroleum Corp (TSX VENTURE:ARK)(OTCQX:APEUF)(DBFrankfurt:A6VA) ("Archer"
or "the Company") reports that it has been advised by South Bay Resources (the
Operator) that they will likely be plugging and abandoning the Matagorda Bay
127-1 well in Calhoun Country, Texas, USA.


Archer participated as to a 22% interest in the recompletion of the 127-1 well,
targeting the Bol Mex sand in the Lower Frio, which showed multiple apparent pay
zones in logs and core at a depth of approximately 8,700feet. Following
perforation of the well bore and the installation of a gravel pack at the
targeted zone depth, the formation began producing fluids under high pressure at
a rate of approximately 500-600 bpd, though hydrocarbons were not present in the
produced fluids. The lack of hydrocarbons will likely lead to the abandonment of
the well.


Claude Perrier, CEO, states: "The completion of the Matagorda Bay 127-1 prospect
was highly anticipated by Archer shareholders and its failure is disappointing.
Management will spend the coming days performing a post mortem to determine the
cause of this outcome as well as discussing strategic alternatives for Blocks
150 and 151 in the Matagorda Bay play."


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.


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 the Western Canadian Sedimentary Basin of Alberta, the Permian Basin of West
Texas, and the Bakken Shale of North Dakota. The Company's shares are listed on
the TSX Venture Exchange under the symbol "ARK" and the OTCQX under the symbol
"APEUF " 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.

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