Market Overview

Delta Oil & Gas Initiates Turn-Around Strategy, Engages Excelsis Accounting Group To Complete Audits


Delta Oil & Gas, Inc. (the "Company" "Delta") (OTC:DLTA), has announced
that it has engaged Excelsis Accounting Group ("EAG") as its new
independent registered public accounting firm, effective July 27, 2017.
The Company has also filed a Form 8-K with the Securities and Exchange
Commission noting the engagement of EAG.

Delta has initiated a turn-around process with intentions to become
fully audited and SEC reporting as soon as possible. Portfolio expansion
plans include an internal evaluation of current lease and oil and gas
producing assets, expanding into oilfield services and exploration and
production leases wherein new revenue producing companies and assets
will be acquired and invested into.

"I have been working closely with Delta's prior leadership and service
providers to obtain a workflow and secure the engagement of a qualified
auditor in order to bring Delta current and fully-reporting. The
engagement of EAG is a critical first step towards expanding shareholder
value and launching an aggressive acquisition strategy," stated Dr.
Jordan Balencic, Delta's interim Chief Compliance Officer.

About Delta Oil & Gas, Inc.

Delta Oil & Gas, Inc. (OTC:DLTA) is an energy holding company which
targets projects or businesses that are of extremely high quality, low
to medium risk, and close to hydrocarbon delivery points. The Company
operates exclusively within North America and currently holds land
positions with varying working interests in a number of California
regional plays, Texas and Oklahoma - with a focus on larger and much
higher impact targets in the USA of both conventional oil and gas

About Excelsis Accounting Group

Excelsis Accounting Group is a full service Certified Public Accountant
(CPA) firm located in Reno, Nevada providing audit and accounting, tax,
internal control evaluation and testing, business valuation, litigation
support, CFO for hire and management consulting. Our firm is registered
with the Public Company Accounting Oversight Board (PCAOB), and our
professional staff and consultants possess the expertise in servicing
Securities Exchange Commission (SEC) Registrants with their quarterly
and annually compliance requirements, including 10-K, 10-Q and 8-K

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