Gulf Coast Oil & Gas, Inc.
OTC Bulletin Board : GCOG

Gulf Coast Oil & Gas, Inc.

July 27, 2005 09:30 ET

Gulf Coast Oil & Gas Completes 3-for-1 Forward Stock Split

HOUSTON, TEXAS--(CCNMatthews - July 27, 2005) - Gulf Coast Oil & Gas (the "Company") (OTCBB:GCOG) announced that it has completed a 3-for-1 forward split of the Company's common stock. The Company's Board of Directors approved the forward stock split on July 13th, 2005. All Shareholders on record as of July 26, 2005 received three shares for every one share of common stock held.

"The completion of this forward stock split is part of our ongoing efforts to improve trading liquidity, broaden ownership and enhance shareholder value." stated Gulf Coast Oil & Gas CEO, Rahim Rayani. "It is intended to lay the necessary groundwork for anticipated growth of the Company!"

Common stock holders are not required to take any action relating to the forward stock split. Shares outstanding on the record date will be automatically adjusted on the books of the Company's transfer agent, Pacific Stock Transfer, to reflect the forward split. Share certificates will automatically be distributed by the Company. Stockholders who hold their shares in street name should have their accounts adjusted by their broker. Holders should not destroy any stock certificates and should not submit any certificates to the Company or the transfer agent.

About Gulf Coast Oil & Gas

Gulf Coast Oil and Gas, Inc. is a Houston, TX based Oil and Gas Exploration and Development Company. The Company's goal is to acquire low risk Oil and Gas properties onshore and solely in the USA with a focus on developing and producing from proven, developed and underdeveloped reserves. Gulf Coast will focus its efforts on shallow well drilling in order to maximize shareholder returns without the high risk and expenditures associated with larger and more expensive wells. Gulf Coast trades under the stock symbol: GCOG on the OTCBB exchange.

For additional information, please visit our web site at: www.gcoil.com

Forward-Looking Statements: This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set forth in the Company's SEC filings. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.

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