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Tue, September 28, 2010

JayHawk Energy Appoints New Chief Financial Officer


Published on 2010-09-28 07:35:13 - Market Wire
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POST FALLS, Idaho--([ BUSINESS WIRE ])--JayHawk Energy, Inc. (OTCBB: JYHW) welcomes Kelly Stopher to its Management Team in the capacity of Chief Financial Officer. Mr. Stopher brings a wealth of experience supporting financial operations for leading Fortune 500 companies and national organizations. With over 20 years experience, Mr. Stopher has the acumen and leadership to assist the Company as it expands its presence in the oil and gas industry and enters a new phase of growth.

"JayHawk Energya™s infrastructure and platform offers a tremendous opportunity for growth and expansion. I am delighted to be an integral part of the unique opportunities that lay before JayHawk and to help successfully propel the company forward."

Mr. Stopher has developed strategies to implement financial management systems, internal control policies and procedures, and financial reporting and modeling for small-cap companies. He has extensive experience in preparation of all financial reports including income statements, balance sheets, reports to shareholders, tax returns and compliance issues/filings as they relate to government regulatory agencies. His particular expertise is analyzing company operations to pinpoint opportunities in areas that need reorganization, downsizing or streamlining. Mr. Stopher is also proficient at negotiations and establishing financial structures for potential financings.

Lindsay Gorrill, President and CEO of JayHawk Energy, said, aAs we look for opportunities to expand our Management Team, we diligently search for individuals that have distinguished credentials and the vision to help facilitate our Companya™s growth and future progress. Mr. Stophera™s pedigree will help us support our business model and identify opportunities to grow our company. He is a high caliber professional and will bring valuable insight to current and future projects. He will be a tremendous asset to our Company and Management Team as we continue to develop and execute opportunities within our industry.a

Mr. Stopher said, aJayHawk Energya™s infrastructure and platform offers a tremendous opportunity for growth and expansion. I am delighted to be an integral part of the unique opportunities that lay before JayHawk and to help successfully propel the company forward.a

About JayHawk Energy, Inc.

JayHawk Energy, Inc. is a managed risk, oil and gas exploration/exploitation, development and production company with activities focused on two major projects in the Cherokee Basin, Kansas and the Williston Basin, North Dakota. For more information please visit [ www.jayhawkenergy.com ].

Cautionary Note to U.S. Investors -- The United States Securities and Exchange Commission permits oil and gas companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. We use certain terms in this press release, such as probable, possible and potential, that the SECa™s guidelines strictly prohibit us from including in filings with the SEC. U.S. Examples of such disclosures would be statements regarding aprobable,a apossible,a or arecoverablea reserves among others.

Management hopes these transactions will bring additional value to the shareholders of JayHawk Energy. There is no guarantee that the projects that JayHawk has recently acquired will increase the value of its shares of common stock, or that JayHawk will acquire rights to explore and operate any other such projects, or that in the event that it acquires rights to explore and operate other such projects, that these actions will be successful or increase the value of JayHawka™s common stock.

This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. There are many factors that could cause our expectations and beliefs about our plans to acquire additional exploration or production properties, our plans to drill or our drilling results to fail to materialize: competition for new acquisitions, availability of capital, unfavorable geologic conditions, the complexity of coal bed methane exploration and production, and prevailing prices for natural gas and general regional economic conditions. JayHawk assumes no obligation to update the information contained in this press release.

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