SOURCE: Tiger Oil and Energy, Inc.

February 04, 2011 05:16 ET

Tiger Oil and Energy Engages International IR

BLAINE, WA--(Marketwire - February 4, 2011) - Tiger Oil and Energy, Inc. (OTCBB: TGRO) is pleased to announce it has retained International IR Inc. (IRR) to provide media services. IIR is a strategic consulting firm that works primarily with emerging growth companies in the resource sector. IIR will focus on providing multiple information platforms to share TGRO's continued growth through acquisition, exploration and joint venture strategies. Market and investor awareness are the keys to shareholder value. International IR will deliver these points as management shares the story of Tiger Oil and Energy's continued growth. 

About Tiger Oil and Energy

Tiger Oil and Energy is an oil exploration company expanding its portfolio of projects with value added acquisitions and participations. TGRO previously closed an exchange agreement with Jett Rink Oil, LLC, wherein the Company acquired 100% of Jett Rink Oil, LLC which operates as a wholly-owned subsidiary of Tiger Oil and Energy. With the purchase of Jett Rink Oil, the Company acquired interests in two oil and gas leases located in Creek County, Oklahoma, (Shilo Project) together with all equipment located thereon.

Shilo Project

TGRO owns a 7.5% working interest, with 80% net revenue interest, in the gas and oil lease containing 40 acres located in Creek County, State of Oklahoma (the "Shilo #1"). The Company also owns an 11.5% working interest, with 80% net revenue interest, in the gas and oil lease (the "Shilo #2"). The two wells were drilled in 2006. From June 2007 through November 2009, these wells produced a cumulative 61,087 MCFG at an average monthly rate of 2068 MCFG/month and 374 BO. The Shilo #1 originally produced 550 MCFG/D w/no water from a 10 foot Dutcher section (2940' - 2950'). The Shilo #2 originally produced from the Bartlesville sand at 2410' - 2414'. Initial production was 55MCFG + 2 BO + 1/4 BW per day.

"Safe Harbor" Statement:
Under the Private Securities Litigation Reform Act of 1995: The statements in all press releases that relate to the company's expectations, with regard to the future impact on the company's results from new projects in development, are forward-looking statements. A complete disclosure of our "SAFE HARBOR" statement is posted on our website at www.TigerOilAndEnergy.com under the heading "NEWS."

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