COUGR OIL : SISM Research Update On Cougar Oil & Gas Canada

Ernest C. Schlotter, a senior analyst with Zurich, Switzerland-based SISM Research and a four star analyst according to StarMine, has issued an update on Cougar Oil and Gas Canada, Inc. (OTCBB: COUGF) in a 7-page report dated November 10, 2010, which includes an updated 18- to 24-month stock target valuation and analyst's rating/recommendation.

The full report includes important disclosures, disclaimers and analyst information. Investrend and SISM Research both advise investors to exercise a reasonable degree of due diligence before trading in the equities of any public company, including carefully reading entire analyst reports and report disclosures, and then only in conjunction with advice from a registered financial advisor or broker. Investrend and SISM Research both further advise that any analyst rating, recommendation, target valuation, price target or opinion should be considered merely a portion of an investor's total investigative process. More about ratings and valuations is available via Investrend (at http://www.investrend.com/ratings).

A complimentary copy of the report, which includes important disclosures, disclaimers and analyst's qualifications, is available for download via Investrend Syndications (at http://www.investrend.com/synd0007), by clicking on the report cover image in this announcement, as well as via the SISM Research website (at http://www.sism.com/researchreportscougar.htm).

According to analyst Schlotter's report:

?Cougar Oil and Gas, Canada Inc.'s principle assets consisting of high quality operated light oil (39° API) reserves and production from the Keg River formation in the Peerless/Trout area in northern Alberta..."

"Now the company is ready to move aggressively forward targeting to produce 350 boe/d by the end of 2010 respectively 2000 boe/d by year end 2011. This will be achieved by an acquisition and consolidation strategy of low cost development assets that are adjacent to their current holdings as well as additional value will be increased via 2D and 3D seismic and development and exploration drilling..."

"To finance its aggressive growth strategy, the Company needs to raise approx. $25M in debt and equity to fund drilling and more acquisitions. We believe that the drilling and development program in 2011 could lead to new discoveries of at least 3 MMBOE and would add $90M on Company's ANW. If the company is unable to raise sufficient capital to execute its business plan SISM Research would have to re-evaluate the prospects and any projections..."

About Cougar Oil and Gas Canada, Inc.

Cougar Oil and Gas Canada, Inc., based in Calgary, and is a production and development company focused on the acquisition, exploration and development of crude oil and natural gas reserves in the Trout Field Area in North Central Alberta within the Western Canadian Sedimentary Basin (WCSB). The Company also intends to develop oil and gas reserves of new First Nations Treaty Land Entitlement (TLE) claims, which is adjacent to company's core assets: the Trout Field Area producing properties. Within the First Nations communities, Cougar has the opportunity to explore and develop approximately 345,000 acres of mineral rights. Additional information about Cougar Oil and Gas Canada is available via the company's website (at http://www.cougarenergyinc.com).

About SISM Research

SISM Research (http://www.sism.com) is a private investment research firm, based in Zurich, Switzerland, offering independent, fundamental research on public companies since 1995. SISM Research publishes research on micro- to small-cap companies trading on the OTC, NASDAQ, AMEX and TSX stock exchanges. SISM research coverage platforms are geared toward institutional and individual investors in both North America and in Europe. SISM Research, as a member-provider of the FIRST Research Consortium (http://www.investrend.com/FIRST), takes steps to ensure the independence and integrity of SISM's published research that exceed those of the CFA Institute Code of Ethics and Standards of Professional Conduct and the CFA-NIRI Guidelines, by following the exacting ?Standards for Independent Research Providers?, which are also in accordance with guidance set forth by U.S. Securities and Exchange Commission's Advisory Committee on Smaller Public Companies.

About the Investrend Research Syndicate

The Investrend Research Syndicate (http://www.investrend.com/research/syndicate), a proprietary entity of Investrend Communications, Inc., distributes reports published by sources dedicated to unbiased, reliable analytics and complete transparency. The primary measure for determining those sources is the ?Standards for Independent Research Providers? (http://www.investrend.com/FIRST/standards).

?Safe Harbour? Statement

This announcement contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements regarding potential sales, the success of the company's business, as well as statements that include the word "believe" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Force Energy Corp. to differ materially from those implied or expressed by such forward-looking statements. Such factors include, among others, the risk factors included in reports filed with the SEC under the Exchange Act. This press release speaks as of the date first set forth above and Force Energy Corp. assumes no responsibility to update the information included herein for events occurring after the date hereof. Actual results could differ materially from those anticipated due to factors such as the lack of capital, timely development of products and services, inability to deliver products and services when promised, inability of potential customers to pay for ordered products and services, and political and economic risks inherent in international trade.

Cautionary Note to U.S. Investors

The United States Securities and Exchange Commission permits resource companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. We may use certain terms on this press release, such as those related to prospective resources, that the SEC's guidelines strictly prohibit us from including in filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 10K. You can also obtain this form from the SEC by calling 1-800-SEC-0330. Additional information may be found at the SEC website.

Disclaimer

The OTC Bulletin Board Exchange has neither approved nor accepts responsibility for the adequacy or accuracy of the above news release.

Disclosures

Morgarten Financial Services ("Morgarten") has retained and paid SISM Research ("SISM") six thousand eight hundred and fifty US dollars to resume continuing coverage of Cougar Oil and Gas, Canada Inc., for a two-year period, and Morgarten is under contract to pay SISM an ongoing fee of one thousand eight hundred and fifty US dollars per month over that two-year period to ensure continuation of SISM's independent coverage of Cougar Oil and Gas, Canada Inc. SISM has paid Investrend Communications, Inc. (?Investrend?) a portion of SISM's collected fees from Morgarten for a ?distribution and visibility? program, provided by the Investrend Research Syndicate (Div., Investrend) in support of SISM's Cougar Oil and Gas Canada, Inc. coverage. No promise of favourable point of view or opinion was or has been made by SISM or the analyst(s) writing for SISM, to the subject company. Further, it is SISM's policy that neither the firm nor its principals, nor the firm's assigned and/or other writing analyst(s) own or trade shares of any subject companies or subject companies' "competitors".

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