MOO Moon River Capital Ltd

Mooncor Oil & Gas Corp. ("Mooncor") (TSX VENTURE:MOO) announced today that
Darrell Brown has resigned as Chief Executive Officer and director of Mooncor
for personal reasons. The board is grateful for his professionalism and
commitment to Mooncor over the past five years.


On an interim basis, Nick Tsimidis, a director and the Chief Financial Officer
of Mooncor, has accepted the board's request that he serve as interim CEO of
Mooncor while the board works towards finding a permanent solution.


Business of Mooncor Oil & Gas Corp.

Mooncor Oil & Gas Corp. is a junior oil and gas exploration company. Mooncor's
current emphasis is on securing a joint venture partner for its proven
Muskwa/Duvernay liquids rich shale gas project at Hamburg, Alberta. Mooncor also
holds interests in lands in southwest Ontario where the focus has been on
conventional oil and gas opportunities. Mooncor is pursuing opportunities to
realize near-term value from its southwest Ontario assets.


The information in this news release includes certain information and statements
about management's view of future events, expectations, plans and prospects that
constitute forward looking statements. These statements are based upon
assumptions that are subject to significant risks and uncertainties. Because of
these risks and uncertainties and as a result of a variety of factors, the
actual results, expectations, achievements or performance may differ materially
from those anticipated and indicated by these forward looking statements.
Although Mooncor believes that the expectations reflected in forward looking
statements are reasonable, it can give no assurances that the expectations of
any forward looking statements will prove to be correct. Except as required by
law, Mooncor disclaims any intention and assumes no obligation to update or
revise any forward looking statements to reflect actual results, whether as a
result of new information, future events, changes in assumptions, changes in
factors affecting such forward looking statements or otherwise.

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