Cumberland Oil & Gas Ltd.
TSX VENTURE : COG

March 30, 2010 08:30 ET

Cumberland Oil & Gas Ltd. Announces Filing of 2009 Financial Statements and MD&A

CALGARY, ALBERTA--(Marketwire - March 30, 2010) - Cumberland Oil & Gas Ltd. ("Cumberland") (TSX VENTURE:COG) announced today that it has filed its annual audited financial statements and related management's discussion and analysis for the year ended December 31, 2009. Copies of these documents may be obtained via the SEDAR website at www.sedar.com.

About Cumberland Oil & Gas Ltd.

Cumberland has been engaged in the business of exploring for, developing and producing and acquiring oil and natural gas properties in western Canada since it commenced operations in October 2008. It has concentrated on the exploitation and development of drilling prospects in its core areas in the Province of Alberta, including south-east Alberta and the Peace River Arch. Cumberland's exploration and development projects are currently directed towards both natural gas and light oil prospects.

Cumberland's management team most recently led Rockyview Energy Inc., a TSX-listed oil and gas company that grew to approximately 3,000 BOE/d when it was sold to Direct Energy in January 2008. Prior to that, they were the management group at APF Energy Trust, a TSX-listed income trust with daily production of 18,000 BOE/d, which was sold to StarPoint Energy Trust in 2005.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Contact Information

  • Cumberland Oil & Gas Ltd.
    Alan MacDonald
    Vice President, Finance and Chief Financial Officer
    (403) 237-0790