MASS Petroleum Inc.

OTC Bulletin Board: MASP
MASS Petroleum Inc.
Sep 02, 2008 09:30 ET

MASS Petroleum Inc. Announces Appointment of New Chief Financial Officer

LAS VEGAS, NEVADA--(Marketwire - Sept. 2, 2008) - MASS Petroleum Inc. ("MASS") (OTCBB:MASP) is pleased to announce that Mr. Vitaly Melnikov has replaced Mr. Jordan Shapiro as CFO and Treasurer and has been appointed to Mass Petroleum's Board of Directors. Mr. Shapiro remains with MASS Petroleum as both Corporate Secretary and Director.

Mr. Melnikov has significant financial experience and expertise in oil & gas, mining, investment and financial consulting industries. He has held senior management positions with international resource companies operating in North America, Europe, Russia and Central Asia. Mr. Melnikov has recently served as Vice President, Finance and Administration of UrAsia Energy Ltd., a uranium producer which was acquired by Uranium One (TSX:UUU) in April 2007. The acquisition resulted in the creation of a company with a combined market capitalization of $5.1 billion. Mr. Melnikov has also held financial management positions with PetroKazakhstan (formerly Hurricane Hydrocarbons), a vertically integrated oil & gas company (acquired by China National Petroleum Corporation for $4.2 billion in October 2005); and Kumtor Operating Company with exploration activities and a large operating gold mine in Central Asia (currently owned by Centerra Gold;(TSX:CG)). Mr. Melnikov is a Certified Public Accountant (USA) and holds both MBA and M.Sc.(Economics) degrees.

On behalf of the Board of Directors,

Oleg Bilinski, President

MASS Petroleum Inc.

About MASS Petroleum Inc.:

MASS Petroleum is an oil and gas company backed by an experienced and dedicated management team. MASS Petroleum is engaged in the acquisition of producing oil and gas wells, interests and leases from existing companies, governments, and through the open market. MASS Petroleum is currently acquiring several oil and gas producing assets in the Perm region of Russia. The region is well developed and holds more than 12 billion barrels of oil. The area is politically stable and has been a major oil production province since the 1950's. For 2008, Russia is set to be the #1 producer worldwide, producing over 3.46 billion barrels of oil per year.

Forward-Looking Statements:

Statements contained in this release that state MASS's or management's expectations or predictions of the future are forward-looking statements intended to be covered by the safe harbor provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934. The words "believe", "expect", "should", "estimates", and other similar expressions identify forward-looking statements. It is important to note that actual results could differ materially from those projected in such forward-looking statements. For more information concerning factors that could cause actual results to differ from those expressed or forecasted, see MASS`s annual reports on Form 10-K and quarterly reports on Form 10-Q, filed with the Securities and Exchange Commission and on the Company's web site at www.masspetroleum.com.

For more information, please contact

MASS Petroleum Inc.
Oleg Bilinski
President
(604) 688-6380
Email: info@masspetroleum.com
Website: www.masspetroleum.com