Derek Oil & Gas Corp. announced unaudited consolidated earnings results for the first quarter ended July 31, 2009. For the quarter, the company reported loss of CAD 127,435 or CAD 0.00 per basic and diluted share compared to loss of CAD 229,878 or CAD 0.00 per basic and diluted share for the same period a year ago. Interest and other income was CAD 7,044 compared to CAD 1,657 for the same period a year ago. Cash used in operating activities was CAD 140,966 compared to CAD 663,501 for the same period a year ago.

Derek Oil & Gas Corp., Annual General Meeting, Sep 25, 2009, at 11:00 US Pacific Time. Location: Suite 1710 – 1177 West Hastings Street, Vancouver BC V6E 2L3,Canada. Agenda: To receive the report of the directors; to receive the audited financial statements of the company for the year ended April 30, 2009, together with the auditor's report thereon; to appoint the auditor for the company; to fix the number of directors and to elect directors for the ensuing year; to consider and, if thought fit, to approve a resolution to renew the company's stock option plan; to transact such other business as may properly be brought before the meeting .

Derek Oil & Gas Corp. reported consolidated earnings results for the third quarter and nine months ended January 31, 2009. For the quarter, the company reported loss of CAD 235,550 or CAD 0.01 basic and diluted per share against loss of CAD 425,963 or CAD 0.01 basic and diluted per share for the same period a year ago. For the nine months, the company reported loss of CAD 676,417 or CAD 0.01 basic and diluted per share against loss of CAD 1,023,449 or CAD 0.01 basic and diluted per share for the same period a year ago.