Richards Calls Up Artzen for VP Post

Richards Oil & Gas Limited announces that Ferdie Artzen has been promoted from Land Manager to Vice President, Land and an Officer of the Company effective January 1, 2008.

Mr. Artzen, B.Comm. (Petroleum Land Management) and a B.Sc.(Geology), has been employed with the Company since May 1, 2006 and has over fifteen years of Land experience working for large Canadian and United States based oil & gas exploration and development companies. With increasing levels of land negotiating responsibilities, Mr. Artzen has worked on land deals throughout western Canada and the northern United States. In addition to work as an area Landman, Mr. Artzen has worked in high profile acquisitions & divestitures and new ventures teams.

Mr. Artzen has been involved in coal bed methane projects for over 5 years. His extensive background in all aspects of the oil and gas sector makes him a valuable addition to Richards Oil & Gas Limited's executive team.