Quetzal Energy Ltd. Announces New Officer Appointment

TORONTO, ONTARIO, Jun 10 (MARKET WIRE) --
Quetzal Energy Ltd. ("Quetzal") (TSX VENTURE: QEI) is pleased to announce
that Ms. Allison Dewar has been appointed as Chief Financial Officer of
Quetzal, effective as of June 10, 2009. Ms. Dewar graduated from the
University of Calgary with a Bachelor of Commerce and earned her CA
designation while employed by PricewaterhouseCoopers LLP in Calgary.
Subsequently Ms. Dewar has been involved in the financial reporting,
financial regulatory requirements and day-to-day finance operations of
several Canadian and international oil and gas companies. The appointment
of Ms. Dewar remains subject to TSX Venture Exchange approval. At this
time, Quetzal also wishes to extend its best wishes to outgoing Interim
Chief Financial Officer Wayne Fraser.

Quetzal also wishes to announce that it has today granted an aggregate of
2,900,000 stock options to certain of its directors, officers and
employees, each such stock option entitling the holder thereof to acquire
one common share of Quetzal at an exercise price of $0.20 for a period of
five years. These options vest in four equal tranches every six months
over an ensuing two year period.

NEITHER THE 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.

Contacts:
Quetzal Energy Ltd.
Steven J. Reynolds
281-405-8216
sjreyno@quetzalenergy.com

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