Daybreak Oil and Gas, Inc. Adds Another Successful Well to Kick-Off 2014 Kentucky Drilling Program

SPOKANE, WA–(Marketwired – Mar 27, 2014) – Daybreak Oil and Gas, Inc. (OTCQB: DBRM) (“Daybreak” or the “Company”), a Washington corporation, is pleased to announce that the Gerald Grove H-7 oil well has been drilled at the Twin Bottoms Field in Lawrence County, Kentucky. The Gerald Grove H-7 oil well was drilled to a measured depth (“MD”) of 4,734 feet and a true vertical depth (“TVD”) of 1,209 feet. Logs and other measurement data indicate that the horizontal section of the wellbore encountered 3,284 feet of oil-bearing sandstone. The drilling rig is currently being moved to the Gerald Grove H-8 location, which will be the second well to be drilled in a planned 20-well development drilling program for the 2014-2015 fiscal year at the Twin Bottoms Field in Lawrence County, Kentucky.

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