Jaguar Resources Inc. announced the addition of five new members to the management team, each with a wealth of professional experience in the Western Canadian sedimentary basin and elsewhere. Mr. Chris Barton has over 30 years of oil and gas industry experience and will be joining Jaguar, effective immediately. Mr. Barton is a professional geologist.

Along with his technical expertise, Mr. Barton's breadth of experience has allowed him to gain an invaluable array of clients and contacts on both the technical and executive sides of the industry. Mr. Craig Boland has agreed to join Jaguar as a senior technical advisor for geology. Along with Mr. Barton, Mr. Boland will be an integral part of the exploration and development team responsible for the growth and direction of the company.

Mr. Rob Morrison with over 26 years of progressive experience in many facets of engineering and management within the upstream oil and gas industry will also be joining Jaguar's management team. Mr. Curt Maxwell with over 34 years of experience will also join Jaguar's management team. Mr. Maxwell has held landman positions at PetroCanada, General American Oils, Phillips Petroleum and EOG Resources.

In addition, Jaguar announced the appointment of Mr. Donald Wright as the Chairman of the board of directors. The company will be appointing two additional independent board members in the immediate future.