Tekoil & Gas Corporation Unveils New Corporate Website as Key Part of Ongoing Corporate Communications, Investor Relations Strategy

Jan 24, 2008 (08:01 AM EST)

THE WOODLANDS, Texas, Jan. 24 /PRNewswire-FirstCall/ -- Tekoil & Gas Corporation announced today that it has launched its new corporate website ( ) as part of an ongoing and aggressive communications campaign.

"We're very excited about this new website launch," said Mark Western, Tekoil's Chairman and CEO. "This is the next logical step in the corporate communications plan that we began in earnest late last year when we retained a high-level team that will oversee a full range of marketing and investor relations initiatives."

"A significant focus of our strategic plan is and will continue to be to increase transparency with the public and our shareholders, as well as attract new investors," Western further explained.

The new website features company and industry news, data and information, as well as:

-- Regularly updated stock price and field production statistics; -- A soon-to-be-unveiled Tekoil blog; -- A comprehensive Investor Relations kit (available for download); -- Archived SEC filings (available for download); -- And more.

About Tekoil & Gas Corporation

Houston-based Tekoil & Gas Corporation is a technology-driven company focused on the development, acquisition, stimulation, rehabilitation and asset improvement of small to medium-sized oil and gas fields. The combination of energy fuel reserves and advanced yield technologies are anticipated to generate value for Tekoil and its stakeholders, as the company targets above average growth in the 21st century energy sector. Additional news and information will be made available on the Tekoil website at and through further press releases.

Forward Looking Statements

This news release may contain certain forward-looking statements, including declarations regarding Tekoil and its subsidiaries' expectations, intentions, strategies and beliefs regarding the future within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements contained herein are based upon information available to Tekoil management as at the date hereof, and actual results may vary based upon future events, both within and without the control of Tekoil management, including risks and uncertainties that could cause actual results to differ materially including, among other things, the impact that acquisitions may have on the company and its capital structure, exploration results, market conditions, oil and gas price volatility, uncertainties inherent in oil and gas production operations and estimating reserves, unexpected future capital expenditure requirements, competition, governmental regulations and other factors, some of which are set forth in Part I, Item 2, of Tekoil's registration statement on Form 10-SB.

CONTACT: Investors, Michael Mason,, or media,Brian Kennedy, , both of Allen & Caron,+1-212-691-8087, for Tekoil & Gas Corporation; or Mark Western, Chairman &CEO of Tekoil & Gas Corporation, +1-281-364-6950,

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