THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES
NOR FOR DISSEMINATION IN THE UNITED STATES


Greentree Gas & Oil Ltd. (TSX VENTURE:GGO) ("Greentree") is pleased to announce
that it has extended the expiry date of 500,000 Class F share purchase warrants
to July 30, 2010, subject to TSX Venture Exchange approval. These warrants were
originally issued to Greentree's banker on July 31, 2007. Each Class F warrant
entitles the holder to purchase one Greentree common share for $0.18.


Greentree Gas & Oil Ltd. is based in London, Ontario and is an explorer and
producer of oil and natural gas in southwestern Ontario. Greentree currently has
54,038,463 common shares outstanding.
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