Cumberland Oil & Gas Ltd. ("Cumberland") (TSX VENTURE:COG) announced today that
it has filed its annual audited financial statements and related management's
discussion and analysis for the year ended December 31, 2009. Copies of these
documents may be obtained via the SEDAR website at www.sedar.com.


About Cumberland Oil & Gas Ltd.

Cumberland has been engaged in the business of exploring for, developing and
producing and acquiring oil and natural gas properties in western Canada since
it commenced operations in October 2008. It has concentrated on the exploitation
and development of drilling prospects in its core areas in the Province of
Alberta, including south-east Alberta and the Peace River Arch. Cumberland's
exploration and development projects are currently directed towards both natural
gas and light oil prospects.


Cumberland's management team most recently led Rockyview Energy Inc., a
TSX-listed oil and gas company that grew to approximately 3,000 BOE/d when it
was sold to Direct Energy in January 2008. Prior to that, they were the
management group at APF Energy Trust, a TSX-listed income trust with daily
production of 18,000 BOE/d, which was sold to StarPoint Energy Trust in 2005.


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