Clemson Resources Corp. Changes Name to Oyster Oil and Gas Ltd.

Suite 918-1030 West Georgia Street Vancouver, British Columbia Canada V6E 2Y3 Tel. No. (604) 628-5621 ♦ Fax No. (604) 662-7950

Clemson Resources Corp. Changes Name to Oyster Oil and Gas Ltd.

Vancouver, British Columbia – April 15, 2013 –Clemson Resources Corp. (TSX-V:CRZ) (the “Company”) announces that it has changed its name. At open of trading on Tuesday, April 16, 2013, the Company’s common shares will commence trading on the TSX Venture Exchange in the name “Oyster Oil and Gas Ltd.” under the trading symbol “OY”.

About Oyster Oil and Gas Ltd.

Oyster Oil and Gas Ltd (“Oyster”) is a natural resource issuer which has exploration interests in East Africa and also has an option to acquire up to a 60% interest in the Kalum Property located near Terrace, British Columbia, Canada, from Eagle Plains Resources Ltd. (TSX-V:EPL). Oyster holds four blocks onshore and offshore in the Republic of Djibouti and is the operator of the blocks covering some 3.5 million acres. Oyster is conducting an exploration program pursuant to a production sharing contract from the Government of Djibouti.

For further information please contact:

Martin Bajic, Chief Financial Officer Tel: (604) 628-5621 Fax: (604) 662-7950

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

This news release contains certain statements that may be deemed “forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. The Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors should change, except as required by law.