Cheetahoil.com is currently under construction.

Request more information

Investor Relations
Jesse Keller
Local: (250) 864-5377
Toll Free: (888) 470-1960
jkeller@cheetahoil.com

   
  Cheetah Appoints Senior Vice President and Chief Financial Officer

Monday October 30, 1:54 pm ET

VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Oct 30, 2006 -- Cheetah Oil & Gas Ltd. (OTC BB:COGL.OB - News) (the "Company") announced today that it has appointed Isaac Moss to the position of Senior Vice President and Chief Financial Officer of the Company.

During the 1990's through 2002 Isaac Moss was associated with a mid market investment banking company based in Geneva, where he provided corporate, strategic and investment banking advisory services to micro and small cap client companies in the energy and resource, telecommunications, chemicals and industrial minerals, entertainment, forest products and hospitality industries. From 1994 to 1997 Mr. Moss was President of a specialty chemical company headquartered in France.

"We are pleased to have Mr. Moss join our management team. His solid understanding of public finance, his experience of advising on a number of multi-jurisdictional international financings coupled with his strong management and organizational skills, will substantially enhance the Company's key management," stated Ian McKinnon, Chairman and CEO. Mr. Moss' appointment is part of an overall corporate plan to restructure and refocus the company and to enhance the management team to better exploit the Company's energy projects in Papua New Guinea.

Cheetah Oil & Gas Ltd. is an exploration stage oil and gas company engaged in exploring for petroleum and natural gas in the country of Papua New Guinea. The Company has certain licenses and permits from the Minister of Petroleum and Energy for Papua New Guinea to explore approximately 8.2 million acres of land prospective for petroleum and natural gas.