ABOUT Cygnus Oil and Gas Corporation

Headquartered in Houston, Texas, Cygnus Oil and Gas Corporation is an oil and gas exploration and production company. Primarily a resource player, its key assets consist of shale acreage in Woodruff County, Arkansas and McIntosh County, Oklahoma and it also owns a variety of non-producing assets in Alabama, Louisiana, Mississippi, and New Zealand. Since August 2005, the Company has made significant changes in its management, Board of Directors and the nature of oil and gas assets it acquires to better position itself for future company growth. Old: Touchstone Resources USA, Inc. is engaged in oil and gas exploration, development and production in Texas, Louisiana and other traditional oil and gas producing states in the Southern United States, as well as in New Zealand. Touchstone employs the most modern techniques, such as horizontal drilling, 3D seismic analytics and advanced, proprietary amplitude surveys to detect high potential, relatively low risk prospects geared more toward the shorter term as well as high yield, higher risk prospects for the longer term.