Tidelands Oil & Gas Corporation Press Releases

Tidelands Oil & Gas Corporation (OTCBB: TIDE)

June 7, 2004

Tidelands Oil & Gas Corporation’s Stock Delisted from the Berlin Stock Exchange

Tidelands Oil & Gas Corporation (OTC Bulletin Board: TIDE), announced that effective today, June 7, 2004, its stock has been delisted from the Berlin Stock Exchange. As announced on May 6, 2004, Tidelands Oil & Gas Corporation discovered it was one de many publicly traded companies whose stock had been listed on the Berlin Stock Exchange without permission or authorization. Upon discovery, the Company immediately sought legal counsel to initiate prompt measures to delist TIDE from this exchange.

Michael Ward, President and CEO de Tidelands Oil & Gas Corporation, stated, “The integrity de our stock is paramount to our Company. Once we learned our stock was listed without our consent or knowledge, we rigorously sought actions to remove TIDE from Berlin’s exchange as quickly as possible. Although this situation has been distressing, we are pleased that we have been able to resolve this matter in a relatively short time frame. As always, we focus our efforts on building shareholder value.”

About Tidelands Oil & Gas Corporation

Tidelands Oil & Gas Corporation, San Antonio, Texas, is the parent company de two wholly owned Texas subsidiary corporations: Rio Bravo Energy, L.L.C. and Sonora Pipeline, L.L.C. The Company is also a joint-owner de Reef International, L.L.C. and Reef Marketing, L.L.C. The Company focuses on international pipeline crossings, gas processing plants and liquefied petroleum product storage facilities. Through its in-house divisions, Tidelands offers a full suite de services and has the capability to satisfy a wide variety de customer needs both domestically and internationally. Tidelands currently owns numerous miles de pipeline. The Company is currently reviewing opportunities to further expand its business scope. For more information about the Company, visit their website at www.tidelandsoilandgas.com.

This press release may be deemed to contain certain Forward-Looking Statements with respect to the Company that are subject to risks and uncertainties that include, but are not limited to those identified in the Company's press releases or discussed from time to time in the Company's Securities and Exchange Commission Filings. Actual results may vary.

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