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Amazing Energy Appoints Marty Dobbins as New CFO

PLANO, TX / ACCESSWIRE / October 24, 2018 / Amazing Energy Oil and Gas Co. (AMAZ) ("Amazing", "Amazing Energy", or "the Company"), today announced that it has appointed Marty Dobbins as the Company's new Chief Financial Officer.

Mr. Dobbins brings more than 40 years of corporate and financial management across a variety of industries, with a focus on guiding companies expanding into new markets. After graduating from Sam Houston State University, Mr. Dobbins accepted a position in the Audit Department at Arthur Young & Co., CPAs. His entrepreneurial spirit resulted in him leaving Arthur Young & Co. to establish his own CPA firm in Deer Park, Texas, where he practiced for approximately 25 years. Simultaneous with running his CPA firm, Mr. Dobbins also served as President and CEO of K&W Resources, Inc., an oil and gas operator, Managing General Partner of Cafe Adobe Restaurants and Vice-President and CFO of Guardian Fire Protection Co., Inc., a firm specializing in the design, installation and maintenance of fire protection systems within petrochemical complexes. From 2007 to 2014, Mr. Dobbins simultaneously served as President of Franskill, Inc. a consulting firm that assisted companies with global expansion and exit strategies, advising them on complex financial structures and brand building methodologies models and as the Chief Global Investment Analyst for Motorskill Venture Group, LLC, the parent company of Franskill. For the past four years, Mr. Dobbins has been the President and CEO of InFocus Venture Group, LLC, a company that provides investment consulting services to companies desiring to acquire, sell or merge businesses.

"We are excited to welcome Marty to our management team," stated Mr. Willard McAndrew, III, Amazing Energy's Chief Executive Officer and Director. "With tremendous executive leadership and experience structuring complex financial transactions aimed at global expansion, Marty joins us with innovative thinking and vision, and we know he will add value to the strategic direction, growth and profitability of Amazing Energy."

"I'm thrilled to join the exceptional team of people at Amazing Energy," said Mr. Dobbins. "I look forward to applying my insight and experience in guiding the Company to accelerated growth and achieving exceptional returns for its shareholders."

About Amazing Energy Oil and Gas

Amazing Energy Oil and Gas, Co. is an independent oil and gas exploration and production company based in Plano, TX. The Company operates leaseholds in the Permian Basin of West Texas where it holds the rights within a 70,000-acre leasehold in Pecos County, TX. The Company primarily engages in the acquisition and exploitation of oil and natural gas properties with a focus on well-defined plays containing stacked pay zones on the Central Basin Platform of the Permian Basin. More information may be found on Amazing Energy's website at www.amazingenergy.com.

Notice Regarding Forward-Looking Statements

This news release contains forward-looking information including statements that include the words "believes," "expects," "anticipate," or similar expressions. Such forward looking-statements involve known and unknown risks, uncertainties, and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof. Information concerning these and other factors can be found in the Company's filings with the SEC, including its Forms 10-K, 10-Q, and 8-K, which can be obtained on the SEC's website at http://www.sec.gov.

Investor Relations Contact
Derek Gradwell MZ Group
SVP Natural Resources
Phone: 512-270-6990
Email: dgradwell@mzgroup.us
Web: www.mzgroup.us

SOURCE: Amazing Energy Oil and Gas Co.