Mark Western, president and CEO of Tekoil & Gas, said: Mike Vosbein has done an outstanding job in both our Galveston Bay production properties and in our exploration interests in western Newfoundland during 2007.

The board feels that his objectivity combined with 37 years of diversified oil and gas exploration and production experience will add tremendous value to our strategic decision-making process, as the company grows.

Donna Parsons has done such an outstanding job since joining the company in June of 2006 and is regarded by the board as invaluable. Donna has demonstrated over and over her commitment to Tekoil, and her commitment to her role in the province of Newfoundland & Labrador, he continued.