Greentree Gas & Oil Ltd.

Greentree Gas & Oil Ltd.

April 29, 2008 20:40 ET

Greentree Gas & Oil Ltd. Announces Filing of Financial Statements and Reserves Data

LONDON, ONTARIO--(Marketwire - April 29, 2008) - Greentree Gas & Oil Ltd. (TSX VENTURE:GGO) (the "Company") announces that it has filed with Canadian securities regulatory authorities its audited consolidated financial statements for the year ended December 31, 2007 and the accompanying Management Discussion and Analysis.

The Company has also filed the Oil and Gas Annual Disclosure Forms NI 51-101F1, NI 51-101F2 and NI 51-101F3. A copy of the filed information can be found for viewing by electronic means on

Greentree Gas & Oil Ltd. is based in London, Ontario and is an explorer and producer of natural gas and oil in southwestern Ontario. The Company has 46,857,478 common shares issued and outstanding.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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