SOURCE: Delta Oil & Gas Inc.

April 10, 2006 09:00 ET

Delta Oil & Gas Provides Operational Update: Production to Commence Shortly

SEATTLE, WA -- (MARKET WIRE) -- April 10, 2006 -- Delta Oil and Gas, Inc. (OTC BB: DOIG) is pleased to announce the following operational update relating to the Company's five natural gas prospects.

Todd Creek Prospect

Delta's Todd Creek Well located in 13-28-9-2W5 in the Southern Foothills area of Alberta, Canada, has been drilled, completed and classified as a new natural gas pool discovery. Log analysis shows that the well has intersected two gas formations with a combined gross pay of over 80 feet. Preliminary natural gas reserve estimates for this well exceed 700 Million Cubic Feet of gas. The operator has identified the next drilling target on this prospect which is expected to commence after completion of the gas plant and pipeline.

Construction of a new gas processing plant just south of this Todd Creek discovery is nearing completion, and Delta expects to tie its anticipated gas production into this gas plant within the next 6 months. The gas plant is initially capable of accommodating 10 million cubic feet of gas per day with significant expansion capabilities. While Delta will have no direct interest in the plant, the immediate access to market for its anticipated production from the area is of substantial benefit.

Palmetto Point, Mississippi

In February 2006, we entered into a ten-hole drilling program located in the Frio Geological formation at Palmetto Point, Mississippi. Drilling is expected to commence before the end of April 2006 on three of the ten wells. A delay was encountered in the drilling date on account of snow fall in the Upper Mississippi River Valley which has now melted and caused flooding to occur over the road leading to the well sites. As soon as the water subsides and access is returned to the sites, drilling is expected to commence.

The Frio in the area of Southwest Mississippi and North-Central Louisiana is a very complex series of sand representing marine transgressions and regression and therefore the presence of varying depositional environments. Structurally, the Frio gas accumulations are a function of local structure and/or structural nose formed as a result of differential compaction features. However, stratigraphic termination (i.e. up dip shales outs of sands) also plays a role in most Frio accumulations. The stratigraphy is so complex that seismic HCL evaluations are the only viable exploratory tool for the Frio prospect.

Cache Slough Prospect

Delta's Cache Slough Well, located near Sacramento, California, has been drilled, completed and classified as a new natural gas pool discovery. Review of the preliminary data indicates that the well tested at flow rates exceeding our expectations. Delta and partners have elected to tie-in the well to a nearby gas pipeline to accommodate the natural gas production. Despite the continued setback as a result of record-breaking rainfalls and flooding in the area, the pipeline is expected to be completed and tied into the distribution line before the end of May 2006. Results are expected to be announced after the well has commenced commercial production. Future drilling plans with regards to the Cache Slough prospect will be announced in the second quarter of 2006.

Strachan Prospect

Total depth of 13,650 feet has been reached on Delta's potential natural gas well in its recently acquired, highly prospective property in the Deep Basin along the edge of the Alberta foothills belt approximately 80 miles Northwest of Calgary, Alberta. ("Strachan Prospect"). Preliminary results indicate the presence of a potential Devonian gas well. Casing has been inserted to total depth and a full testing program is underway. The well has encountered gas in the lower part of the formations however the size of the gas pool is still undetermined at this time. A specialized, high penetration, low diameter perforation gun has been ordered to assist in the testing. This perforation gun is expected to be on-sight in May 2006.

The original Strachan gas pool was discovered 35 years ago; however, in November 2004, Shell Oil announced a new Leduc Pool discovery at Ricinus with potential One Trillion cubic feet gas reserves.

Hillspring Prospects

Earlier this year, Delta Oil & Gas acquired a 10% working interest in 640 gross sections of land in the Hillspring area of Alberta. A multi-national company has drilled 4 wells adjacent to the lands Delta has acquired at Hillspring. The operator is currently reviewing the data on these 4 wells along with additional seismic. It is not known at this time when the next well on our Hillspring prospect will be drilled and discussions are ongoing with the operator. Delta's goal is to have the first well drilled before the end of 2006.

About Delta Oil and Gas

Delta Oil and Gas is a growing exploration company focused on developing North American oil and natural gas reserves. The Company's current focus is on the exploration of its land portfolio comprised of working interests in highly prospective acreage in the Southern Alberta Foothills area, its interest in the Cache Slough Project in California, its Strachan prospect and its newest interests in Palmetto Point, Mississippi. Delta Oil & Gas is seeking to expand its portfolio to include additional interests in Canada and the USA.

On behalf of the Board of Directors,

DOUGLAS N. BOLEN, B.A., LL.B., President

Safe Harbor Statement

This news release includes statements about expected future events and/or results that are forward-looking in nature and subject to risks and uncertainties. Forward-looking statements in this release include, but are not limited to time frames, expectations for completion; the analysis of results and the intention to drill. Actual outcomes and the Company's results could differ materially from those in such forward-looking statements. Factors that could cause results to differ materially include general factors that affect all companies that explore for oil and gas, such as the uncertainty of the requirements demanded by environmental agencies, the fact that oil and gas extraction and production is risky, the potential that no commercial quantities of gas are found or recoverable, the price of oil and gas, geological problems that prevent us from reaching drilling targets and specific risks such as the Company's ability to raise financing.

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