SOIS Striker Oil and Gas Inc (CE)

Striker Oil & Gas, Inc. (OTCBB:SOIS) announced today that plans are underway to begin drilling the LeJeune No. 3 well on its North Edna prospect located in Jefferson Davis Parish, Louisiana within the next 90 days. The well will be drilled to a depth of approximately 9,000 feet to test several zones that have been previously identified. This well has been classified as a Proven Undeveloped Drilling (PUD) location and has been assigned total reserves of 428,000 barrels in the PUD and Probable Undeveloped categories by its independent third party reserve report to the 100% working interest which represents over $42,000,000 in future revenue at current prices. Striker�s working interest in this well is approximately 21.5%. �We are excited to begin drilling this well which could yield significant production and revenue for Striker,� said Kevan Casey, Chief Executive Officer of Striker. �This location was previously identified as the largest potential well for our South Louisiana acreage position and if successful will be a great addition to our producing portfolio.� About Striker Oil & Gas Striker Oil & Gas, Inc. is an upstream U.S. oil and gas company headquartered in Houston, Texas and traded on the Over-the-Counter Bulletin Board (SOIS.OB). The company is engaged in the search for and sale of oil and gas reserves through both exploratory drilling and the acquisition of producing properties. Striker�s objective is to cost efficiently develop these properties and market the oil and gas production at the wellhead. Striker is strategically focused along the Texas Gulf Coast, East Texas and South Louisiana in areas of developed infrastructure and established markets. For information please visit www.strikeroil.com. Safe Harbor Statement This press release contains statements that may constitute forward-looking statements, including the company�s ability to successfully acquire oil and gas properties and drill commercial wells. These statements are based on current expectations and assumptions and involve a number of uncertainties and risks that could cause actual results to differ materially from those currently expected. For additional information about Striker�s future business and financial results, refer to our Quarterly Reports on Form 10-QSB, our Annual Report on Form 10-KSB and the other filings we make with the Securities and Exchange Commission. Striker undertakes no obligation to update any forward-looking statements that may be made from time to time by or on behalf of the company, whether as a result of new information, future events or otherwise.