Tuesday, January 18, 2011 – Before Market Open 

Updated Coverage

“Trading Alert”

Cougar Oil and Gas Canada, Inc.

(OTCBB: COUGF - $4.75 per share)

www.CougarEnergyInc.com

Renowned Investor and Writer John Person Continues to Believe COUGF is Headed to $7.25 over the Near-Term

Today, we bring our members another Green Baron “Trading Alert” update on Cougar Oil and Gas Canada, Inc. (BB: COUGF).   Cougar Oil and Gas was originally introduced by The Green Baron Report on Thursday, November 11 when the stock had closed the previous day at $1.73.  COUGF has rallied over and over again after each alert we have issued since that day in November.  Thus far, the high on COUGF was on Wednesday, January 5, 2011 at $5.24 up as much as 202% since November 11.

Last week on Tuesday, January 11, we stated that, “Although the move up in COUGF since we first introduced it has been extraordinary, the stock has pulled back over 12% from its high over the past week.”  COUGF was $4.59 that morning and immediately rallied to hit $4.92 in the first hour of trading that day.  Today at $4.75 we see yet another move up coming in the stock.  Renowned investor and writer John Person continues to repeat his support for Cougar Oil and Gas.  We have included a portion of his latest report below and a link to view the entire report at the bottom. 

Independent Third Party “Buy” Recommendation and Alert

Fellow Investor, 

Profit-seeking investors not reading this will miss out.
But you won't. 

5 Reasons You Need to Buy COUGF Today

1.   Amex listing coming soon. Buy COUGF today before the stock moves from the OTC to Amex...They've just applied for the listing... Watch the video here...

2.   Cash flow & Production. Projected oil production to be 15,000 barrels or more by 2013. Cougar Oil and Gas already has cash flow, unlike most other junior exploration companies. The cash is flowing in because Cougar is already pumping oil out of the ground...400% more than last year alone...The land position could produce enough drill locations to produce up to 120,000 barrels of oil per day!!! Watch the video here...

3.   Peak Oil. A barrel of oil sells for about $83 today. By next year, according to the Peak Oil Theory, that same barrel will cost $100. Do the math; how much will a barrel be worth in 2013? $300, $400, $500+? Watch the video here...

4.   Location. Location. Location. Cougar has 450,000 acres between all its projects. This is the largest land position in Alberta and the second largest land position in all of Canada. With current Alberta land sales, the value of land that Cougar has is worth at least $5 per share, without the oil!!! Watch the video here...

5.   Management. Critical to the success of not just the company but also its investors, smart investors insist on proven track records. The team running Cougar Oil and Gas are all-stars. Watch the video here...

Did I mention...

Cougar Oil and Gas (COUGF) has money in the bank, they're already producing, and they're expected to finalize an agreement in the coming weeks giving them access to 350,000 more acres in the Alberta Oil Sands...

Over the next 24 months, I see the stock flying into the $15... $17... $19 neighborhood; turning a modest $5,000 investment into $67,849.

And why you need to own shares today!

CLICK HERE TO READ MORE ABOUT COUGF FROM JOHN PERSON

About Cougar Oil and Gas Canada Inc.:

Cougar Oil and Gas Canada Inc. (OTCBB: COUGF) is based in Calgary, Alberta, Canada and a publicly traded oil and gas exploration and production company. The focus is on the exploration and development of Canadian based onshore oil and gas properties. The current projects are the Trout light oil production area in north central Alberta, Lucy in the Horn River Basin in northeast British Columbia and First Nation Joint Venture and area projects located in north central Alberta.

Contacts:

Cougar Oil and Gas Canada Inc.

Investor Relations:

+1 (403) 513-2664

info@cougarenergyinc.com

www.cougaroilandgascanadainc.com

www.cougarenergyinc.com

DEFINITION: Green Baron “Trading Alert”

"Trading Alert" – A stock introduced to our members supported by research provided by a respected third party.  These are companies that we believe are worthy of investment, and we expect a big move up particularly in the extreme short-term.  These stocks have not been thoroughly researched by Green Baron staff, and therefore are not supported by a more in-depth profile.  Under the sub-section “Trading Alerts” on our website and our reports, we will provide a link to the independent research or BUY recommendation, a short description of the Company, and in some cases, we will conduct a Green Baron audio-taped webcast interview to allow a key person discuss the merits of the Company.

Compensation and Other Disclosures

The content of this message is published by Evergreen Marketing, Inc.and Toprank Marketing, Ltd. and sent to select email lists selected by Lake Group Media, Inc. ("Lake") to provide readers with information on selected publicly traded companies. Factual information is obtained from public filings and other sources deemed to be reliable; however, neither Cougar Oil and Gas Canada, Inc .nor Lake takes responsibility for verifying the accuracy of such information nor do they make no representation that such information is accurate or complete. Certain of the statements in this update may be considered forwarded looking statements. Cougar Oil and Gas Canada, Inc. and Lake make no representation and provide no assurance or guaranty that such forward looking statements will prove to be accurate. See the company’s filings with the Securities and Exchange Commission for factors that may cause results to be significantly different. Statements of opinion and belief are those of the authors and/or editors of this update, and are based solely upon the information possessed by such authors and/or editors; no inference should be drawn that such authors or editors have any special or greater knowledge about the company or companies profiled or any particular expertise in the industries or markets in which the profiled company or companies compete. The reader should verify all claims and complete his own due diligence before investing in any securities of the profiled company or companies. Neither Cougar Oil and Gas Canada, Inc., Lake, or anyone involved in the publication or dissemination of this update is a registered investment adviser or broker/dealer. Cougar Oil and Gas Canada Inc. and Lake makes no recommendation that the purchases of securities of the company or companies profiled in this update are suitable or advisable for any person or that an investment in such securities will be profitable. In general, given the nature of the company or companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. An investor in such securities should be prepared and able to bear a loss of his or her entire investment. Nothing in this update should be construed as an offer or solicitation to buy or sell any securities of any profiled company. Lake has been retained to provide direct marketing services for the company profiled in this update and receives compensation for those services. Further, Lake and its employees and affiliates may own, or may purchase and sell, securities of the company or companies profiled. Lake undertakes no obligation to inform readers about the ownership or trading activities of it or its employees or affiliates in the securities of the profiled company or companies. Lake has the following compensation arrangements with the company or companies profiled in this Update: Lake receives an advertising fee ranging from $1,000 to $50,000 for each direct marketing list recommended and ordered for the dissemination of this update.  Evergreen Marketing, Inc., parent of The Green Baron Report, is being compensated $9000 for its updated coverage of COUGF as a Green Baron “Trading Alert” in January 2011.