Hugh M. Thomson VPFinance and Chief Financial Officer Petro-Reef Resources Ltd.

Petro-Reef Resources Ltd. (News - Market indicators), ("Petro-Reef" or the "Company") announces that Mr. Hugh M. Thomson, CA, has been appointed Vice President Finance and Chief Financial Officer of the Company.

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Mr. Thomson has been a Senior Officer and Director of several public companies on the TSXV for the past 18 years. He was previously VP Finance & CFO, Director and Co-Founder of Relentless Resources Ltd., a publically traded (TSX-V) oil and gas company based in Calgary Alberta.

Mr. Thomson replaces Mr. Alisdair Leeson, CA, as VP Finance and CFO. The Company would like to thank Mr. Leeson for his tenure as VP Finance and wish him continued success in his future endeavours.

Petro-Reef Resources Ltd.

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