Eagle Ford Oil & Gas Divests South Texas Property

HOUSTON, Sept. 1 /PRNewswire-FirstCall/ -- Eagle Ford Oil & Gas Corp. (OTC Bulletin Board: ECCE) announced that it has reached an agreement to divest the working interest in the Wilson Field in South Texas to a Houston based oil and gas company.  The purchaser will assume the remaining liabilities, including plugging and abandonment charges.

Management Comments

President Rick Adams said, "The sale of the Wilson Field, in Nueces County Texas, will allow Eagle Ford Oil & Gas Corp. to fully concentrate on the acquisition and development of new oil and gas plays in the Eagle Ford Shale area of Texas.  The Wilson Field is not a core investment, and we are taking advantage of this opportunity to continue repositioning ourselves."

About Eagle Ford Oil & Gas Corp.

Eagle Ford Oil & Gas Corp. is a growing independent oil and gas exploration and production company headquartered in Houston, Texas.  The Company is engaged in the acquisition, development and production of oil and natural gas reserves.  The Company's primary area of focus is the Eagle Ford Shale area of South Texas.

Forward Looking Statements

The information may include forward-looking statements, which are subject to known and unknown risks and uncertainties that could cause actual results to differ materially.  We refer you to the discussion of risk factors that could affect future operating or financial performance in our most recent prospectus and Form 10-K and other SEC Filings.  Eagle Ford Oil & Gas Corp. assumes no obligation to update any forward-looking statements made here as a result of new information or future events or developments.  You will find a reconciliation of any Non-GAAP financial measure, as defined by the SEC in Regulation G, to the most directly comparable GAAP number in Reconciliation of Non-GAAP Financial Measures.

Web site:  www.efogc.com

SOURCE Eagle Ford Oil & Gas Corp.