updated 3/9/2011 8:16:29 AM ET 2011-03-09T13:16:29

BILLINGS, Mont., March 9, 2011 (GLOBE NEWSWIRE) -- Voyager Oil & Gas, Inc. (AMEX:VOG), today announced that it will report its financial results for the year ended December 31, 2010 on Monday March 14th after market close.

J.R. Reger, Chief Executive Officer of Voyager said, "We accomplished our goals for 2010 and look forward to building acreage, production and revenue in 2011. Our significant and diversified acreage holdings, strong balance sheet, recent move to the NYSE Amex stock exchange and drilling schedule, position Voyager very well to accomplish these objectives."

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About Voyager Oil & Gas

Voyager Oil & Gas, Inc. is an exploration and production company based in Billings, Montana. Voyager's primary focus is oil shale resource prospects in the continental United States. Voyager currently controls approximately 138,000 net acres in the following five primary prospect areas:

  • 24,000 core net acres targeting the Bakken/Three Forks in North Dakota and Montana;
  • 14,200 net acres targeting the Niobrara formation in Colorado and Wyoming;
  • 800 net acres targeting a specific Red River prospect in Montana;
  • 33,500 net acres in a joint venture targeting the Heath Shale formation in Musselshell, Petroleum, Garfield and Fergus Counties of Montana; and
  • 65,000 net acres in a joint venture in the Tiger Ridge gas field in Blaine, Hill and Chouteau Counties of Montana.

For additional information on Voyager Oil & Gas visit the Company's new website at: http://www.voyageroil.com/

SAFE HARBOR

This press release contains forward-looking statements regarding future events and our future results. All statements other than statements of historical facts included in this report, such as statements regarding the closing of the private placement and the Voyager's expectations regarding the use of proceeds from the private placement are forward-looking statements. Forward-looking statements are based on our current expectations and assumptions about future events and involve inherent risks and uncertainties. Important factors (many of which are beyond our control) could cause actual results to differ materially from those set forth in the forward-looking statements, including those described in our public filings with the Securities and Exchange Commission. Readers should not place undue reliance on any such forward-looking statements, which are made only as of the date hereof. Voyager undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in Voyager's expectations.

CONTACT: Investor Relations Contact:
         The WSR Group
         Gerald Kieft
         772-219-7525
         http://www.wallstreetresources.net/voyager.asp

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

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