Cheetah Oil & Gas Ltd. is an exploration-stage oil and gas company engaged in the exploration for petroleum and natural gas. The Company is seeking opportunities to acquire prospective or producing oil and gas properties or other oil and gas resource related projects. The Company was engaged in the exploration for petroleum and natural gas in the country of Papua New Guinea through its 10% equity interest in Cheetah Oil & Gas B.C. Ltd. (Cheetah BC). On November 25, 2008, the Company sold its 10% interest in Cheetah BC.