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Ripper Oil and Gas Inc. Releases Second Quarter Financial Statements NEX BOARD OF THE TSX VENTURE EXCHANGE STOCK SYMBOL: RIP.H

Financials Listings & Exchange

CALGARY, Nov. 8, 2011 /CNW/ - Ripper Oil and Gas Inc. (TSX: RIP) ("Ripper" or the "Corporation") has released its second quarter financial statements for the period ending September 30, 2011.

Ripper Oil and Gas Inc. ("RIP") is a publicly traded company on the NEX Board of the TSX Venture Exchange. Further information is available on SEDAR at www.sedar.com.

The NEX Board of the TSX Venture Exchange has neither approved nor disapproved of the information contained herein.

%SEDAR: 00015775E

For further information:

Mr. R.G. (Jerry) Ball, President and Chief Executive Officer

at (403) 662-2020

RIPPER OIL AND GAS INC.

Suite 2800, 715 - 5 Avenue S.W.

Calgary, Alberta T2P 2X6

CO: Ripper Oil and Gas Inc.

CNW 14:23e 08-NOV-11