Midnight Oil Exploration Ltd.

Midnight Oil Exploration Ltd.

April 09, 2007 19:09 ET

Midnight Oil Exploration Ltd. Appoints New Director

CALGARY, ALBERTA--(CCNMatthews - April 9, 2007) - Midnight Oil Exploration Ltd. ("Midnight") (TSX:MOX) is pleased to announce the appointment of Mr. Peter Harrison to the Board of Directors of Midnight. Mr. Peter Harrison has over 25 years experience in the investment industry.

Mr. Harrison is a Senior Vice-President of Montrusco Bolton Investments Inc. (Montreal) and previously managed Canadian Equities for the CN Investment Division. Mr. Harrison has significant financial expertise in making investments which involve extensive analysis of financial statements. He holds a Bachelor of Commerce degree from McGill University, an MBA from the University of Western Ontario, and is a Chartered Financial Analyst. Currently, Mr. Harrison sits on the board of Freehold Royalty Trust.

Mr. Harrison will serve on the Audit, Reserves, Compensation and Corporate Governance Committees.

The addition of Mr. Harrison will expand the Board of Directors of Midnight to six members. As previously announced, Mr. Paul Moynihan will not be standing for re-election at the next Annual Meeting and Mr. Harrison's current appointment will ensure a smooth transition during the interim.

Midnight is a publicly listed junior oil and gas exploration and development company based in Calgary, Alberta. Midnight's shares trade on the TSX under the symbol "MOX".

Contact Information