Park Place Energy Corp. Provides Update on European Bid

Vancouver, British Columbia February 10, 2010 – Park Place Energy Corp. ("Park Place"
or "the Company") is pleased to announce the Company has engaged the services of a
specialist firm to collaborate as consultants with Park Place on the application for the
Exploration and Development property submitted within the European Union.

The private US based firm has immense experience dealing all over the world designing
and implementing exploration and development projects. They have spent significant
time in Europe, and specifically within the region that Park Place has tendered a bid, and
have experience with the complexities and issues of exploration surrounding these assets.

David Johnson, Park Place President and CEO said " The experience these consultants
bring to the table is invaluable and we look forward to working closely with them to
create the most effective program possible should we win the bid in the European Union.”