IGG Invicta Oil & Gas Ltd. (Tier2)

As a result of a review by the British Columbia Securities Commission, Invicta
Oil & Gas Ltd. (TSX VENTURE:IGG) (the "Company") is filing on SEDAR Amended and
Restated Management Discussion and Analysis ("MD&A") for the interim periods
ended December 31, 2006, March 31, 2007 and June 30, 2007.


The amendments to the MD&A include the following:

(a) additional disclosure related to Initial Adoption of Accounting Policies and
Related Party Transactions in the December 30, 2006 MD&A;


(b) further explanations on the Results of Operations in the June 30, 2007 MD&A; and

(c) corrections to the explanation previous provided on the Summary of Quarterly
Results relating and amendments to the Company's Forward Looking Statements in
the December 31, 2006, March 31, 2007 and June 30, 2007 MD&A.


The amendments to the MD&A did not result in any restatement to the Company's
Financial Statements for the affected periods.


This news release may contain forward-looking statements based on assumptions
and judgments of management of Invicta regarding future events or results. Such
statements are subject to a variety of risks and uncertainties which could cause
actual events or results to differ materially from those reflected in the
forward-looking statements. Invicta disclaims any intention or obligation to
revise or update such statements except as may be required by law.


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