CALGARY, May 3 /CNW/ - Tango Energy Inc. ( "Tango" ) is pleased to announce the hiring of Jeremy Newton, P.Land., as Vice President Land and Business Development effective immediately. In his new position, Mr. Newton will be responsible for all ongoing surface and mineral land issues, as well as strategic planning and business development for the Company. Mr. Newton has 17 years of experience in the Oil and Gas Industry, with increasingly responsible management positions with Petromet Resources, Velvet Exploration, El Paso Oil & Gas Canada Inc., Rio Alto resources International and Southpoint Resources Ltd. Mr. Newton brings a great deal of land, negotiations, and business development experience, as well as a vast and diverse base of contacts within the oil and gas industry, to Tango. In connection with this appointment, Tango announces the grant of 300,000 options pursuant to its shareholder approved Stock Option Plan. All of the options are exercisable for a five-year term at $0.60 per common share, and vest over three years from the date of grant. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Statements in this regard may constitute forward looking statements. Such forward-looking statements include risks, uncertainties and other factors which may cause actual results, performance or achievements of Tango to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Tango does not undertake to update any of such forward-looking statements. %SEDAR: 00017586E