TORONTO, ONTARIO - Blacksands Petroleum, Inc. (OTC Bulletin Board: BSPE) (the "Company") announces that it has acquired Pioneer Natural Resources USA, Inc's J.E. Pettus Gas Unit located in Goliad County, Texas. The Gas Unit includes 4 active producing gas wells on 3688.77 acres in the prolific Gulf-Coast Wilcox trend. The Company has acquired the Gas Unit for approximately $400,000 US. The Gas Unit is the first Blacksands' acquisition in the United States. BSPE is focused on conventional and non-conventional producing properties with development and exploration potential throughout North America. BSPE will be the operator with a 100% Leasehold Working Interest in the Gas Unit's current production that is between the surface and 8500 feet below surface. BSPE has a 10.67% Leasehold Working Interest for production lower than 8500 feet below the surface. BSPE Joint Interest Partners for gas production below the 8500 feet level are XTO Energy, Inc. (35.0%), ConocoPhillips Company (45.67%), and Anadarko Petroleum Corp. (8.66%).

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.