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PRESS RELEASE April 13, 2005 Deer Lake Oil & Gas Inc. wishes to announce that due to additional interest expressed by subscribers residing outside of Newfoundland and Labrador, the closing date of it’s current private placement in support of it’s proposed Flow Testing Operations at it’s Western Adventure # 1 gas discovery in the Deer Lake Basin onshore Western Newfoundland has been extended to April 29, 2005. Persons wishing to read the Company’s initial press release on this matter (dated March 31, 2005) should consult the Company’s website www.deerlakeoilandgas.com or click here March 31, 2005. This extension will not impact the operational timetable set out in that press release. Deer Lake Oil & Gas Inc. is a St. John’s based oil and gas exploration company concentrating in Western Newfoundland. For further information please
see our website
www.deerlakeoilandgas.com
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