Mount Dakota Energy Corp. reported the resignation of David Melillo from the board of directors. Peter Kohl will replace Mr. Melillo as director of the Company. Mr. Kohl has an accounting background with experience in public companies as a CFO.

Mount Dakota Energy Corp. reported unaudited consolidated earnings results for the second quarter and six months ended July 31, 2009. For the quarter, the company reported loss and comprehensive loss of CAD 375,201 or CAD 0.04 per share compared to income and comprehensive income of CAD 37,895 or CAD 0.01 per share for the same period a year ago. Petroleum and natural gas revenues were CAD 76,089 compared with CAD 255,148 for the same period a year ago. Gross operating profit was CAD 37,808 compared with CAD 163,256 for the same period a year ago. Net cash flows used in operating activities was CAD 64,269 compared with net cash provided by operating activities of CAD 50,486 for the same period a year ago. For the six months, the company reported loss and comprehensive loss of CAD 569,324 or CAD 0.07 per share compared to income and comprehensive income of CAD 87,085 or CAD 0.01 per share for the same period a year ago. Petroleum and natural gas revenues were CAD 149,784 compared with CAD 448,953 for the same period a year ago. Gross operating profit was CAD 72,913 compared with CAD 299,054 for the same period a year ago. Net cash flows used in operating activities was CAD 212,099 compared with net cash provided by operating activities of CAD 84,705 for the same period a year ago.

Mount Dakota Energy Corp. reported unaudited consolidated earnings results for the first quarter ended April 30, 2009. For the quarter, the company reported net loss and comprehensive loss of CAD 194,124 or CAD 0.02 per basic and diluted share on petroleum and natural gas revenues of CAD 73,695, compared to net gain and comprehensive gain of CAD 49,190 or CAD 0.01 per basic and diluted share on petroleum and natural gas revenues of CAD 193,804, a year ago. Gross operating profit was CAD 35,106 compared to CAD 135,798 a year ago. Loss before foreign exchange gain and well impairment and abandonment expense was CAD 101,111 compared to CAD 611 a year ago. Cash flows used for operating activities were CAD 147,831 compared to cash flows from operating activities of CAD 34,219 a year ago. The company reported well impairment and abandonment expense of CAD 102,307 for the first quarter of fiscal 2010.