News Release

Stream Oil and Gas Ltd. To Trade On TSX Venture Exchange

July 24, 2008

STREAM OIL AND GAS LTD. ("SKO")
BULLETIN TYPE: New Listing-Shares
BULLETIN DATE: July 24, 2008
TSX Venture Tier 2 Company

Effective at the opening July 25, 2008, the Common shares of the Company will commence trading on TSX Venture Exchange. The Company is classified as an 'Oil & Gas' company.

The Company is presently trading on CNQ.

Corporate Jurisdiction: British Columbia

Capitalization: Unlimited common shares with no par value of which 38,680,341 common shares are issued and outstanding.
Escrowed Shares: 25,000,000 Value Security Escrow common shares
11,014 NP #46-201 Escrow common shares

Transfer Agent: Pacific Corporate Trust
Trading Symbol: SKO
CUSIP Number: 86323Y 10 4
Sponsoring Member: Haywood Securities Inc.

For further information, please refer to the Company's Listing Application dated July 9, 2008.

Company Contact: Angela Huxham
Company Address: 1201 - 700 West Pender St., Vancouver, BC V6C 1G8

Company Phone Number: (604) 568-6743
Company Fax Number: (604) 608-9314
Company Email Address: ahuxham@streamoilandgas.com