Cruiser Oil & Gas Ltd.

Cruiser Oil & Gas Ltd.

June 20, 2008 17:33 ET

Cruiser Announces Resignation of Board Member

CALGARY, ALBERTA--(Marketwire - June 20, 2008) - Cruiser Oil & Gas Ltd. (TSX VENTURE:COG) ("Cruiser" or the "Company") would like to announce that Doug Meiklejohn has resigned as a director of the Company effective immediately.

About Cruiser Oil & Gas Ltd.

Cruiser Oil & Gas Ltd. is a public junior oil and gas company engaged in the exploration, exploitation, acquisition and production of petroleum and natural gas in Western Canada. Cruiser is focused on re-entry and new drilling of multi-zone gas and oil prospects west of the fifth meridian.

Cruiser Oil & Gas Ltd. trades on the TSX Venture exchange under the symbol COG.

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

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