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PetroGlobe Announces Filing of Interim Financial Statements

CALGARY, ALBERTA -- (Marketwire) -- 11/30/12 -- PetroGlobe Inc. ("PetroGlobe" or the "Company") (TSX VENTURE:PGB) announces it has filed its interim condensed consolidated financial statements for the three and nine months ended September 30, 2012 and accompanying Management's Discussion and Analysis with Canadian securities regulatory authorities. These filings are available for review under the Corporation's SEDAR profile at www.sedar.com.

ABOUT PETROGLOBE INC.

PetroGlobe is a Calgary, Alberta based public company, engaged in the exploration, development and production of petroleum and natural gas in Canada. PetroGlobe's focus is on high working interest, company-operated properties in Alberta, including Pembina Cardium light oil, Pembina Edmonton Sands natural gas, Red Earth Slave Point light oil and Sawtooth oil in the Grand Forks/Taber area of southern Alberta. PetroGlobe's common shares are listed on the TSX Venture Exchange and trade under the symbol PGB.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release

Contacts:
PetroGlobe Inc.
Jason E. James
Chief Financial Officer
(403) 265-4488 ext. 234
(403) 265-9727 (FAX)
jason.james@petroglobe.com

PetroGlobe Inc.
Bill Powers
Chief Executive Officer
(312) 315-7573
(403) 265-9727 (FAX)
www.petroglobe.com

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