Cheetah Appoints New Chief Executive Officer

Cheetah Oil & Gas Ltd.

Cheetah Oil & Gas Ltd. has appointed Ian McKinnon as Chairman and Chief Executive Officer of the Company.

Ian McKinnon has over thirty years of experience primarily focused in the energy sector ranging from oil field trucking to energy exploration and production. He was a director and shareholder of Norscot Ltd., a diversified holding company with interests in the energy sector. He has also held senior executive positions in oil and gas exploration companies, oil well drilling and energy transportation companies.

Ian McKinnon's appointment is part of an overall corporate plan to restructure and refocus the company and to enhance the management team to better exploit the Company's energy projects in Papua New Guinea. He replaces Mr. Garth Braun, current CEO of the company, who has resigned to pursue other business interests.

Cheetah Oil & Gas Ltd. is an exploration stage oil and gas company engaged in exploring for petroleum and natural gas in the country of Papua New Guinea. The Company has certain licenses and permits from the Minister of Petroleum and Energy for Papua New Guinea to explore approximately 8.2 million acres of land prospective for petroleum and natural gas.