Calgary, Alberta (FSCwire) - Standard Exploration Ltd. (or the “Company”) (TSX VENTURE: SDE) announced today that Peter Sider has submitted his resignation as a director of the Company effective forthwith.  The Company is highly appreciative of the assistance Mr. Sider has provided during the past five years and wishes him well in his other endeavours.

FOR FURTHER INFORMATION PLEASE CONTACT:

Standard Exploration Ltd.

Tom MacKay, CEO or Vince Ghazar, CFO

Office: (403) 262-4450

www.standardexploration.com

The Corporation is a Canadian based oil and gas corporation with operations in Alberta, Canada and is traded on TSX Venture Exchange. The Corporation's public filings may be found at www.sedar.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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