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US Domestic Oil Gas Production Company CSLG

CONSOLIDATED OIL & GAS, INC.

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CONSOLIDATED OIL & GAS, INC. (CSLG) Corporate News

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New Engineering VP With Extensive Drilling And Well Completion Experience Joins Consolidated
-- December 5, 2006

Well Project Update Report On Grelle #1 Well
-- January 28, 2007

Stock Moves Up: Consolidated Oil & Gas, Inc. Stock
(CSLG) Now Trading On OTCBB -- October 3, 2006

Strong Results from Completed Tests of
Grelle #1 Well - Management Anticipates Accelerated
Residual Revenue Growth -- March 30, 2007

Consolidated Oil and Gas Enters into Contract to Acquire Additional 14 Producing Oil Wells -- April 30, 2007

NEW CFO With Extensive Oil & Gas Industry And SEC Experience Joins Consolidated's Management Team

Completion Of Reworking and Development Of 9 Wells
On 1,800 Acre Lease in Dimmit County, Texas