Stream Announces AGM Results

CALGARY, June 27, 2013 /CNW/ - Stream Oil & Gas Ltd. (TSX-V: SKO) ("Stream" or the "Company") is pleased to announce that all matters to be voted on at the Annual General Meeting ("AGM") of Stream Oil & Gas Ltd. held on June 26, 2013 in Calgary, Alberta were approved by shareholders. The number of directors was set at five, with Messrs. Marlowe Allison, Ian Baron, James R. Hodgson, Sotirios Kapotas and Georgios Mortakis-Martakis being elected for the coming year.  In addition, Davidson & Company LLP were reappointed as the Company's auditors.

Mr. Leslie Goodman has retired from his position as a Director of the Company.  Mr. Goodman joined Stream in 2008 and held the positions of Chairman of the Audit Committee until 2012 and Chairman of the Compensation and Corporate Governance Committee until his resignation.

"I would like to sincerely thank Leslie for his service and contributions to the governance of Stream during his tenure on the Board of Directors," said Dr. Sotirios Kapotas, President and Chief Executive Officer.  "His experience, support and guidance over the past few years were greatly appreciated as we established and grew the Company.   On behalf of the Board and the Company, I wish him well in his future endeavours."

The AGM presentation is available for shareholders on Stream's website at www.streamoilandgas.com.

About Stream Oil & Gas Ltd.

Stream Oil & Gas Ltd. is a Canadian-based emerging oil and gas production, development and exploration company focused on the re-activation and re-development of three oilfields and a gas/condensate field in Albania. The Company's strategy is to use proven technology, incremental and enhanced oil recovery techniques to significantly increase production and reserves.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Stream Oil & Gas Ltd.

For further information:

Dr. Sotirios Kapotas President & Chief Executive Officer   P: (403) 531-2358

James Hodgson, Chief Financial Officer   P: (403) 531-2358

Email info@streamoilandgas.com

Website: www.streamoilandgas.com

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Stream Oil & Gas Ltd.

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