Cirrus Waves Goodbye to Board Members

Cirrus announced the resignation of the following officers: Ms. Pamela Orr, Chief Financial Officer effective July 31, 2010, Mr. Glenn Gradeen, Executive VP and Chief Operating Officer effective July 31, 2010 and Mr. Michael Ames, VP Exploration effective August 13, 2010. The Board of Directors of the Corporation wishes to thank these individuals for their past contributions and wishes them well in their future endeavors.

With the increasing shift of operational responsibility to the Netherlands, the future roles of the positions of Chief Operating Officer and VP Exploration will be assumed within the existing management structure of Cirrus' wholly owned and fully staffed subsidiary, Cirrus Energy Nederland B.V. in The Hague. An announcement regarding the appointment of a new Chief Financial Officer will be made in the near future.

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