TN-K Energy Group Inc. Enters Into an Assignment of Oil and Gas Lease

CROSSVILLE, Tenn., Nov. 12, 2009 (GLOBE NEWSWIRE) -- TN-K Energy Group Inc.
(Pink Sheets:TNKY) announced today that on November 6, 2009, the company entered
into an Assignment of Oil and Gas Lease with two unrelated third parties which
has resulted in the company acquiring a 27.5% revenue interest in 18 oil wells,
together with a 27.5% interest of all equipment located on the wells, including
tanks, well head and pumps, flow lines and all other equipment used to operate
the wells. The wells, which were drilled between February 2008 and May 2009, are
located on the J.R. and Pansy Clark Leases in the Exie Quadrangle in Green
County, Kentucky. Current production on these wells is estimated at
approximately 100 barrels per day.

"We are pleased to have acquired a 27.5% revenue interest in these 18 oil wells
and the equipment used to operate these wells," said Ken Page, the company's
President. "This acquisition was a major step in the expansion of our
operations. We believe that these wells will be very profitable for us and will
provide the company with an immediate source of revenue and cash flow."

About TN-K Energy Group Inc.

TN-K Energy Group Inc. is an independent energy company that has recently begun
operations in the energy sector through the leasing of acreage in Tennessee and
Kentucky. It is our intent to expand our operations to include the sale of oil
and natural gas and the leasing of additional properties for oil, natural gas
and coal production. Presently, our assets include the leases for approximately
43 acres in Kentucky and Tennessee, as well as a 27.5% revenue interest in 18
oil wells with an estimated total production of approximately 100 barrels per
day together with a 27.5% interest in all of the equipment located on the wells
and used to operate the wells.

This press release contains "forward-looking statements." Forward-looking
statements include, without limitation, any statement that may predict,
forecast, indicate, or imply future results, performance or achievements, and
may contain the words "estimate," "project," "intent," "forecast," "anticipate,"
"plan," "planning," "expect," "believe," "will likely," "should," "could,"
"would," "may," or words or expressions of similar meaning. Such statements are
not guarantees of future performance and could cause the actual results of TN-K
Energy Group to differ materially from the results expressed or implied by such
statements, including, but not limited to, the company's ability to enter into
one or more leases for oil, gas and coal properties, the ability to obtain
audited financial statements as necessary on these properties, compliance with
Federal securities laws, and other factors. Additional information regarding
risks can be found in TN-K Energy Group's Annual Report on Form 10-K and its
other filings with the SEC. Accordingly, although TN-K Energy Group believes
that the expectations reflected in such forward-looking statements are
reasonable, there can be no assurance that such expectations will prove to be
correct. TN-K Energy Group has no obligation to update the forward-looking
information contained in this press release.

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CONTACT: TN-K Energy Group Inc.
Ken Page, President
(931) 707-9599