| ||(Vancouver, B.C.: October 19, 2004) Derek Oil & Gas Corporation ("Derek") reports that revised Form 51-101F1 - "Statement of Reserves Data and Other Oil and Gas Information", revised Form 51-101F3 - "Report of Management and Directors on Oil and Gas Disclosure" and Form 51-101F2 - "Report on Reserves Data by Independent Qualified Reserves Evaluator or Auditor" has been filed today on SEDAR. The report may be accessed at www.sedar.com.|
ON BEHALF OF THE BOARD
Barry C.J. Ehrl, President & C.E.O.
For further information, please contact Corporate Communications at:
Telephone: (604) 331-1757
Corporate E-Mail: firstname.lastname@example.org
Investor Relations E-Mail: email@example.com
Or visit our Website at: www.derekoilandgas.com
The TSX Venture Exchange has neither approved or disapproved of the information contained herein.
Cautionary Note to U.S. Investors: Investors are urged to consider closely the disclosure in our Form 20-F (File # 0-30072), available from us at Suite 1201 - 1111 West Hastings Street, Vancouver, British Columbia, Canada, V6E 2J3. This Form 20-F may also be obtained from the U.S. Securities & Exchange Commission by calling 1-800-732-0330, or on-line at www.sec.gov or at www.sedar.com where the Form 20-F is filed as the Company's Annual Information Form.