Derek Oil & Gas Corporation

Derek Oil & Gas Corporation

September 20, 2007 10:05 ET

Derek Appoints New Executive Officer

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 20, 2007) - Derek Oil & Gas Corporation's (TSX VENTURE:DRK) Board of Directors is pleased to announce the appointment of Mr. Robert Hurkmans as Chief Operating Officer.

Mr. Hurkmans joins Derek after spending the past seven years with Occidental Petroleum Corporation ("Oxy") as a Production and Drilling Engineer with their successful Elk Hills project and newly acquired Mukhaizna heavy oil field project. Mr. Hurkmans has over 37 years experience in the oil industry and specializes in improving the drilling/production economics of tertiary recovery projects (with an emphasis on steam soak/flood technology) such as Derek's LAK Ranch project. He has worked on thermal projects in California (Midway Sunset, Belridge/McKittrick, Cymric, Kern River/Kern Front, Santa Maria/Cat Canyon, Arroyo Grande and the Brea/Yorba Linda). He was on a thermal horizontal drilling/completion team for Shell Oil Co and drilled over 150 wells in California. Mr. Hurkmans designed and drilled/completed the first thermal horizontal producer for Oxy USA that resulted in more than doubling the production as compared to the best vertical producer. Mr. Hurkmans reduced drilling costs and overall capital and operating costs on the Midway Sunset project by up to 30%. He won the ARCO Award for reducing drilling costs at Midway Sunset, the Shell Oil Company Award for coil tubing/slimhole drilling at Belridge/McKittrick and was a finalist for the Occidental Engineering Excellence Award in 2001 and 2003 for applying large HF/HCl acid treatments on horizontal wells at Elk Hills, California.

Derek Oil & Gas Corporation is a Canadian based, publicly traded oil exploration, development and production company that utilizes enhanced oil recovery (EOR) techniques to develop new production from reservoirs in North America. Derek's current focus is on the further development and increasing production from their prime property located in NE Wyoming's prolific Powder River Basin.

Derek Oil & Gas Corporation is trading in Canada on the TSX Venture Exchange with the symbol DRK.


Mr. Barry C.J. Ehrl, President and C.E.O.

This document includes forward-looking statements. Forward-looking statements include, but are not limited to, the continued advancement of Derek Oil & Gas Corporation's LAK Ranch project. When used in this document, the words "potential", "plan", "could", "estimate", "expect", "intend", "may", "should", and similar expressions are intended to be among the statements that identify forward-looking statements. Although Derek believes that their expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Important factors that could cause actual results to differ from these forward-looking statements include the potential that Derek's LAK Ranch project will experience technological and mechanical problems, geological conditions in the reservoir may not result in commercial levels of oil and gas production, and other risks.

The TSX Venture Exchange has neither approved nor disapproved the information contained herein.

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