Tamaska Oil and Gas Ltd, formerly Kilgore Oil & Gas Ltd, is engaged in the acquisition, production and exploration of petroleum and gas properties in Texas, United States of America. The Company is earning a 10% working interest in the Lyons Point Prospect, in Acadia Parish, Louisiana. On August 1, 2011, the Company acquired Warren Energy Limited (Warren Energy). Warren Energy Ltd holds a 16% interest in the Rock Creek Oil project, an unconventional oil and condensate play located in central Alberta, Canada, and an 8% interest in the strategic Duvernay Shale Project. On August 29, 2011, the Company announced a working interest swap agreement with Grand Gulf Energy Ltd. On September 9, 2011, the Company announced it acquired an additional 5.2% WI in West Klondike, to hold a total of 10.2% WI. In January 2012, Transerv Energy and its Alberta Joint Venture partners (Mako Energy Ltd 50%, and the Company) (AJV) have completed the outright sale of 8 sections of its Duvernay Shale Acreage.