Tango Energy Welcomes New Leaders to Management Team

Tango Energy has announced the following additions and changes to its management team. Tango welcomes Mr. Geoff Beatson as Vice President of Engineering and Operations, and Mr. Allan Phillips as Vice President of Exploration. As well, Tango congratulates Mr. Jeremy Newton in his promotion to President and Chief Operating Officer of the Company.

Mr. Beatson is a professional engineer (P.Eng.) and is a 1983 graduate from the University of Calgary in Mechanical Engineering (B.Sc.). He has held increasingly responsible positions with Ocelot Industries Ltd., Bow Valley Energy Inc., Talisman Energy Inc., Anderson Exploration Ltd., Encal Energy Ltd., Bunker Energy Inc., Energy 51 Inc., and Watch Resources Ltd.. Geoff has been employed by Tango since April, 2008.

Mr. Phillips is a professional geologist (P.Geol.) and is a 1978 graduate from Brock University in Geological Sciences (B.Sc. Honors). Mr Phillips has also held increasingly responsible positions at Consumers Gas Company Limited, Pembina Resources Limited, Kerr-McGee Canada Ltd., Canadian Conquest Exploration Inc., Startech Energy Inc., Thunder Energy Inc., and Adamant Energy Inc. Allan has been employed by Tango since August 2008.

Mr. Newton is a 1989 graduate from The University of Calgary in Commerce (B.Com.). He has held increasingly responsible positions in the domestic and international oil and gas business with Husky Oil, Norcen Energy Inc., Petromet Resources Ltd., Velvet Exploration Ltd., El Paso Oil and Gas Ltd., and Rio Alto International. Jeremy has been with Tango since August, 2006 most recently as Vice President Land and Exploration.

Tango maintains a positive working capital position and untapped bank lines whilst continuing to look for opportunities in the oil and gas industry.



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