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News Release

November 3, 2007

Appointment of New President and CEO; Appointment of Director; Change of Head Office.

Effective November 1, 2007, the Company appointed Paul A. Parisotto as the President and CEO. Mr. Parisotto replaces Darren Stevenson as President and CEO, and Mr. Stevenson remains a Director of the Company.

The Company has also appointed Mark Holcombe to the Board of Directors as an independent non-executive Director.

Blacksands has moved its head office to Toronto, Ontario, effective immediately.

The new address and phone numbers are:

401 Bay Street, Suite 2700, PO Box 152
Toronto, Ontario, Canada M5H 2Y4
Phone: (416) 359-7805
Fax: (416) 359-7801

About Blacksands Petroleum:

Blacksands Petroleum, Inc. is a public company (OTCBB:BSPE) engaged in the acquisition, exploration and development of conventional and unconventional oil and gas fields in North America.