Skye Petroleum, Inc Announces 2012 Board of Directors

Skye Petroleum, Inc. Announces 2012 Board of Directors  

April 13, 2012, Sugar Land, TX - Skye Petroleum, Inc. (“Skye” or the “Company”) is pleased to announce the election of its 2012 Board of Directors.  Gerald Weber, who has 37 years of experience in the oil industry, including 32 years as President of an oil tool company will serve as Chairman, CEO and President of Skye.  James Ryerson was elected to the Board and will serve the company as Chief Production Officer.  Jon Laria, he previously served the company as its CPA, was elected to the Board and will also serve as Chief Financial Officer.  Wentworth “Buck” Eaton was re-elected Director and will remain as Chief Operations Officer.  R. Brandon Rhodes was elected Director and appointed Chief Development Officer.  Scot Stutzman has been promoted to Vice President of Operations, overseeing the company’s office in Sugar Grove, PA.  Mary B. George, CPA, CMA will serve the company as its public accountant.  Weber commented after the election, “I am excited about the new Board and the qualifications that each member brings to Skye.  I feel the leadership is in place to take Skye to the next level.  We are committed to building the company the right way and believe our technologies will become a powerful tool within the oil and gas industry.”

Skye has signed a lease for a new corporate office in Sugar Land, Texas beginning June 1, 2012.  The company intends to expand its operations in Texas following the success it has experienced in Pennsylvania.  Skye continues to pursue operators in PA and TX where paraffin buildup continues to cause problems for many oil and gas well operators.

Please visit the company web site, www.skyepetroleum.com or contact Buck Eaton at office@skyepetroleum.com.  Skye Petroleum, Inc. is a publicly traded corporation, listed on the “OTC Pink Current Information” tier on the OTC Markets Group, Inc. quotation venue, under the trading symbol SKPO.