Teton Energy Makes 2 Executive Appointments

Teton Energy has appointed Jonathan Bloomfield as Executive Vice President and Chief Financial Officer and Natasha Nightengale as Principal Accounting Officer and Controller.

Mr. Bloomfield joined the Company in March 2008, and since that time has served as the Company's Director of Strategic Planning and Manager of Financial Planning. Prior to joining the Company, from 2004 to 2008 Mr. Bloomfield served as Manager of Financial Planning and Analysis at Gunnison Energy Corporation, a Denver-based privately owned exploration and production company. From 2001 to 2004, he performed investor relations and corporate finance duties for Westport Resources Corporation, until its merger with Kerr-McGee Corporation in 2004. Mr. Bloomfield earned a Masters of Finance degree from the University of Colorado-Denver and earned a B.S. degree in economics and business from the Colorado School of Mines.

Ms. Nightengale is a CPA and joined Teton in June of 2008 as Assistant Controller. From 2004 to 2008, Ms. Nightengale held a variety of positions at PriceWaterhouseCoopers most recently serving as Senior Associate. Ms. Nightengale has a Bachelors of Business Administration and Accounting degree from the University of Kansas.

Dominic J. Bazile II, President and Chief Operating Officer of Teton commented, "I am excited to be joined by Jonathan and Natasha as we embark upon the next phase of Teton's strategy of becoming operator of all of our assets. These appointments enable us to manage Teton through the next level of its life cycle. I value their ability to successfully manage the financial responsibilities of our business and their in-depth knowledge of Teton's assets."

Commented James J. Woodcock, Company Chairman and Interim CEO, "The Board is extremely pleased that Mr. Bloomfield and Ms. Nightengale have accepted the appointments to these new positions. Their energy, enthusiasm, and experience will be critical as we move the Company forward."