Greentree Gas & Oil Ltd. (TSX VENTURE:GGO) (the "Company") announces that it has
filed with Canadian securities regulatory authorities its audited consolidated
financial statements for the year ended December 31, 2007 and the accompanying
Management Discussion and Analysis.


The Company has also filed the Oil and Gas Annual Disclosure Forms NI 51-101F1,
NI 51-101F2 and NI 51-101F3. A copy of the filed information can be found for
viewing by electronic means on www.sedar.com.


Greentree Gas & Oil Ltd. is based in London, Ontario and is an explorer and
producer of natural gas and oil in southwestern Ontario. The Company has
46,857,478 common shares issued and outstanding.


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