Damus Oil Limited ("Damus") has engaged Tristone Capital Inc. ("Tristone") to seek proposals for the sale of its Trinidad and Tobago assets. Damus Oil has 51% working interest and operatorship in the Coora Field leases, onshore Trinidad.

Concurrently with the engagement to sell Damus Oil Limited, Tristone has also been engaged to seek proposals for the sale of Cirrus Energy Corporation ("Trinidad") who hold the remaining 49% working interest of the Coora Field leases plus interests in two additional licences, onshore Trinidad.

The two interests ("Joint Interests") will be concurrently marketed resulting in the opportunity for potential bidders to acquire a 100% operated interest in the Coora leases and their subsequent primary and secondary development.

Damus Oil Limited is also divesting to 100% working interest ownership in two additional producing properties. South Palo Seco (12 bopd) and New Dome (25 bopd)

Key attributes of the Joint Interests include:

• Opportunity to acquire an established Trinidadian production company with 100% control of the assets which are located in the prolific Southern Basin of onshore Trinidad
• Production interests held through "Lease Operatorship Agreements" with the Petroleum Company of Trinidad and Tobago ("Petrotrin")
• Combined December 2007 gross production for both Cirrus Trinidad and Damus estimated at 316 bbl/d net oil
• Production stream varies from 12 to 35 API oil, and is sold to Petrotrin as 23 API blend and priced by reference to a world benchmark crude stream
• Cumulative Coora Field production greater than 83 MMbls from an OOIP of 310 MMbbls
• Substantial upside opportunities through recompletions (frac), reactivations, sidetrack drilling and secondary waterflood recovery
• Incremental recovery factors for individual pools ranging from 2 to 7% for primary re-development, to 20% for secondary recovery.
• Third Party Reserve Evaluation by GLJ Petroleum Consultants Ltd. based in Calgary Alberta, Canada dated as of December 31, 2007 estimated gross remaining 2P reserves of 5.7 MMbbls plus contingent resources of 15.2 MMbbls

Cirrus and Damus have spent a significant amount of resources on geological and engineering technical evaluation efforts, and field investigative operations. These results provide the basis for proceeding with a significant primary re-development program as well as discussions with Petrotrin on secondary recovery opportunities for select pools within the Coora Field.

Both the Cirrus Overview Memorandum and Damus Overview Memorandum and respective Confidentiality Agreements are available on Tristone's website at www.tristonecapital.com. Data rooms are expected to open in March 27, 2008 with bids due June 30, 2008. Please execute two originals of each Confidentiality Agreement and send to the attention of Kelly Wylie at Tristone Capital Inc.

To book a presentation or data room, please call Kelly Wylie at (403) 539-8515 or email at kwylie@tristonecapital.com.

Cirrus Energy Corporation is an International Upstream Oil and Natural Gas Company engaged in Production/Exploration activities in Trinidad and Tobago as well as the Dutch sector of the North Sea.

Damus Oil Ltd is a privately owned oil company operating in Production activities in Trinidad and Tobago.