Miller Energy Adds to Board, Welcomes New President

Miller Petroleum, Inc. dba Miller Energy Resources ("Miller"), announced today the appointment of Ford F. Graham as Vice-Chairman of the Board of Directors of Miller and as President of the Company. Mr. Graham is a Managing Partner of Vulcan Capital and the Vulcan Partners family of private equity funds and companies. Mr. Graham has over 25 years experience as a private equity investor and an investment banker in the energy and natural resources sectors. Mr. Graham has previously worked for Solomon Smith Barney, Bear Stearns and Dean Witter and the Regan Administration.

Mr. Graham has specialized in creating value for natural resources companies through opportunistic acquisitions, innovative financings, and carefully managed development of natural resource assets. Mr. Graham noted, "I am excited about the opportunity to work with Miller in this time of growth and look forward to helping the Company become one of the most valuable natural resource firms in the U.S. Vulcan has worked closely with Miller for the past several years and we are thrilled to see some of the fruits of our long term strategic vision coming to pass. We think the future will hold even more promise as we execute on our plan of development and growth." Mr. Graham holds an A.B. in Geology and Geophysical Sciences from Princeton University, a J.D. from Tulane Law School and an M.B.A. from the A.B. Freeman School of Business at Tulane University.

Miller also announced the appointment of David Hall to the Board of Miller. Mr. Hall was the former Vice President and General Manager of Alaska Operations, Pacific Energy Resources LTD. Before that time, he served as the Production Foreman and Lead Operator in Alaska for Forest Oil Corp, rising to Production Manager for all of Alaska operation for Forest Oil. Mr. Hall has worked with the acquired Alaska assets since their construction began in 1991. He brings over 20 years of experience to Miller. Mr. Hall holds a Master's Degree in Industrial Engineering and a Bachelor's Degree in Electrical Engineering from Rochville University.

Scott Boruff, Miller's CEO noted, "We are very excited to have Mr. Graham and Mr. Hall join us on the board of Miller. Mr. Graham has been instrumental in the execution of our strategy to grow our Company and in our Alaska acquisition. Mr. Hall's expertise and contributions in our new Alaska subsidiary will be critical to the success of our plan of execution and delivering value to our shareholders. We welcome both Ford and David to the board and look forward to a long and prosperous relationship."