Portrush Petroleum Corp. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2009. For the quarter, the company reported loss and comprehensive loss of CAD 58,737 or CAD 0.01 per basic and diluted loss per share and oil and gas revenue, net of royalties of CAD 84,219 compared to loss and comprehensive loss of CAD 72,117 or CAD 0.01 per basic and diluted loss per share and oil and gas revenue, net of royalties of CAD 146,865 for the same period a year ago. For the quarter, cash used in operating activities of CAD 29,340 compared to cash used in operating activities of CAD 86,460 for the same period a year ago. Loss before other item was CAD 54,746 against CAD 71,422 in 2008. Oil and gas property expenditure was CAD 13,700 against CAD 57,889 in 2008. For the six months, the company reported loss and comprehensive loss of CAD 89,927 or CAD 0.01 per basic and diluted loss per share and oil and gas revenue, net of royalties of CAD 191,811 compared to loss and comprehensive loss of CAD 122,769 or CAD 0.01 per basic and diluted loss per share and oil and gas revenue, net of royalties of CAD 228,502 for the same period a year ago. For the quarter, cash used in operating activities of CAD 24,476 compared to cash used in operating activities of CAD 70,367 for the same period a year ago. Loss before other item was CAD 97,542 against CAD 124,312 in 2008. Oil and gas property expenditure was CAD 26,089 against CAD 58,986 in 2008.

Portrush Petroleum Corp. announced it has entered into an agreement leading to the development of a 1200 acre prospect in Pointe Coupee Parish, Louisiana. The Prospect is located less than 30 miles northwest of the city of Baton Rouge and approximately 30 miles east of the town of Opelousas. Stratigraphically, the lease is situated in the fairway of the Oligocene and Eocene producing trends and, more specifically, in the Frio, Vicksburg, Cockfield, Sparta and Wilcox sand series. The company has agreed with the operator to review all existing technical data before it takes on any further development. The operator has recommended acquiring several square miles of 3-D seismic to integrate into the existing seismic data and also to define the deeper stratigraphic potential. The initial well is proposed to be drilled to a depth of 11,600 feet and subject to a successful test, a total of five wells will be required to complete development of the field.

Portrush Petroleum Corp. reported consolidated earnings results for the first quarter ended March 31, 2009. For the quarter, the company reported loss and comprehensive loss of CAD 31,190 or CAD 0.01 per basic and diluted loss per share and oil and gas revenue, net of royalties of CAD 107,592 compared to loss and comprehensive loss of CAD 50,652 or CAD 0.01 per basic and diluted loss per share and oil and gas revenue, net of royalties of CAD 81,637 for the same period a year ago. For the quarter, the company net cash used in operating activities of CAD 53,816 compared to net cash used in operating activities of CAD 16,093 for the same period a year ago.