December 24, 2009 - Options Granted to Employees

Calgary, Alberta, Canada, December 24, 2009

Cirrus Energy Corporation (TSXV: CYR) (“Cirrus”) announced today that it has granted options to employees of Cirrus to acquire up to 120,000 Common Shares having an exercise price of $2.55 per share, vesting evenly over a three year period and expiring two years after vesting, pursuant to the Cirrus stock option plan.

Cirrus Energy Corporation is an international oil and gas company headquartered in Calgary with operations in The Netherlands, Trinidad and the U.K. and currently has 87.6 million Common Shares outstanding (93.1 million fully diluted following this granting of options).

For further information, please contact:
David Taylor, President and Chief Executive Officer
Pamela Orr, Vice President, Finance and Chief Financial Officer

Cirrus Energy Corporation
Suite 208, 5 Richard Way S.W.
Calgary, Alberta T3E 7M8, Canada
Website : www.cirrusenergy.ca

Telephone: (403) 216-5030
Facsimile: (403) 265-9530

Forward-Looking Statements

This press release may include forward-looking statements including opinions, assumptions, estimates and expectations of future production, cash flow and earnings. When used in this document, the words "anticipate", "believe", "estimate", "expect", "intent", "may", "project", "plan", "should" and similar expressions are intended to be among the statements that identify forward-looking statements. Forward-looking statements are subject to a wide range of risks and uncertainties, and although the Company believes that the expectations represented by such forward-looking statements are reasonable there can be no assurance that such expectations will be realized. Any number of important factors could cause actual results to differ materially from those in the forward-looking statements including, but not limited to, the volatility of oil and gas prices, the ability to implement corporate strategies, the state of domestic capital markets, the ability to obtain financing, changes in oil and gas acquisition and drilling programs, operating risks, production rates, reserve estimates, changes in general economic conditions and other factors more fully described from time to time in the reports and filings made by Cirrus with securities regulatory authorities.
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