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Suite 1201-1111 W. Hastings Street
Vancouver, B.C., Canada, V6E 2J3
Tel: (604) 331-1757 Fax: (604) 669-5193
(TSX-V) – DRK
(OTCBB) – DRKOF
Form 20F File No. 0-30072
June 8, 2004
(Vancouver, B.C.; June 8, 2004) Derek Oil & Gas Corporation (“Derek”) reported today that stock options have been granted underDerek’sstock option plan to aDerekdirector to purchase up to 65,000 common shares for a period of five years, commencing on June 8, 2004 and expiring on June 7, 2009.
ON BEHALF OF THE BOARD
“Barry C.J. Ehrl”
President & C.E.O.
For further information please contact Investor Relations 1-888-756-0066 or (604)-331-1757
Website: http://www.derekoilandgas.com/
Corporate E-Mail: info@derekoilandgas.com
Investor Relations E-Mail: invest@derekoilandgas.com
The TSX Venture Exchange has neither approved nor disapproved
the information contained herein.
Cautionary Note to U.S. Investors: Investors are urged to consider closely the disclosure in our Form 20-F, File No. 0-30072, available from us at Suite 1201, 1111 W. Hastings Street, Vancouver, British Columbia, Canada, V6E2J3. You can also obtain this Form 20-F from the SEC by calling 1-800-732-0330 or you may find it online at www.sec.gov or at www.sedar.com where it is filed as the Company’s Annual Information Form.