Progress to Present at CAPP Oil & Gas Symposium

Jun 10, 2011

CALGARY, June 10, 2011 /CNW/ – (TSX: PRQ) Progress Energy Resources
Corp., (“Progress” or the “Company”) today announced that it will be
presenting at the CAPP Oil & Gas Investment Symposium 2011 in Calgary.

Mr. Michael Culbert, President and Chief Executive Officer of Progress,
will present at 10:20 a.m. (12:20 p.m. Eastern time), on Monday, June
13, 2011.  Interested investors may access the audio webcast and
presentation slides at the link below or at the Progress website at

Progress is a Calgary based, mid-size energy company primarily focused
on natural gas exploration, development and production in northwest
Alberta and northeast British Columbia. Common shares of Progress are
listed on the Toronto Stock Exchange under the symbol PRQ.

Advisory Regarding Forward-Looking Statements
Forward Looking Statements – Certain information regarding Progress set
forth in this document, including
management’s assessment of Progress’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 Progress’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. 
Progress’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
Progress will derive therefrom.