Passport Energy Ltd. Announces Management Changes

Passport Energy Ltd. (PPO - CNSX), ("Passport" or the "Company") announces that, pursuant to its continued focus of retaining seasoned oil and gas professionals for its management team and board, Mr. Bruce Murray, has been appointed President and CEO, and Mr. Daniel Tiberio, has been appointed Chief Operating Officer.

Mr. Murray has over 30 years of experience in the oil and gas industry and was President and Director of Tenergy Ltd., which was sold in 2006. He was also a co-founder, Director and Chief Operating Officer of Purcell Energy Ltd., which was sold in mid-2005.  Mr. Daniel Tiberio is a Petroleum Engineering Technologist, with over 16 years of experience in oil and gas Exploitation and Optimization of assets in Western Canada.

Along with working for major oil and gas producers such as CNRL, Rio ALto and Norcen Energy Ltd, Mr. Tiberio has spent the last 8 years working for junior oil and gas companies with a main focus of maximizing asset values by optimizing production, minimizing operating costs, and managing drilling programs within a multi-disciplinary team. He has held both management and officer positions with junior companies, most recently Monterey Exploration Ltd. which sold to Pengrowth Energy Trust, along with Tenergy Ltd, and Purcell Energy Ltd.

The Company anticipates adding additional independent oil and gas professionals to the board in the near future.

To facilitate this transition, Mr. Frank Port has stepped down as President, Chief Operating Officer, and Director.  Passport wishes to thank Mr. Port for his contributions to the Company and wishes him all the best in future endeavors.

The Company is a junior natural resource exploration company focused on the acquisition, exploration, and development of economically viable natural resources, with a focus on Bakken oil projects.

The Company trades on the CNSX under the trading symbol "PPO".

The CNSX does not accept responsibility for the adequacy or accuracy of this news release.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.


For more information, please refer to the Company's public documents available on SEDAR (www.sedar.com).

For further information contact:

Bruce Murray
Chairman, President, & CEO
Tel: 403-930-4061
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Website: www.passportenergy.com