Heartland Relocates Headquarters to Houston - Consolidates Administrative Staff to Reduce Costs and Streamline Operations

Business Wire, Oct 1, 2007

HOUSTON -- Heartland Oil and Gas Corp. (OTCBB:HTOG) (FWB:HOCA) has successfully completed the relocation of its Headquarters Offices to Houston, Texas with the transfer of all records and files from its former offices in Denver and consolidating the administration of the exploration and production operations of Universal Property Development and Acquisition Corporation (OTCBB:UPDA) (FWB:UP1) into a single location.

As a result of this consolidation, the general and administrative expenses attributable to UPDA's exploration and production activities will be significantly reduced and those operations will be streamlined through standardization and consistency.

"This consolidation will allow us to manage our expanding portfolio and leases and wells in a consistent and efficient manner," reports Steven A. Fall, CEO of Heartland. "All of our engineering, geologic and accounting management will now be directed from this single location, resulting in the elimination duplicative effort and the application of standardized methods and policies. In addition, because Houston is the center of the American oil and gas industry, we will be better positioned to attract and collaborate with the most experienced professionals in the business."

About Heartland Oil and Gas Corp.

In April 2007, Universal Property Development and Acquisition Corporation (OTCBB:UPDA) (FWB:UP1) acquired a controlling interest in Heartland Oil and Gas Corp. and designated Heartland as its exploration and production arm. Since that time, UPDA acquired additional wells and acreage in Palo Pinto County, Texas with current production of approximately 1000 mcfg/day and will soon transfer those wells as well as all of its wells and acreage in Jack County, Texas to Heartland. For further information, visit www.heartlandoilandgas.com

Statements contained in this press release that are not based upon current or historical fact are forward-looking in nature. Such forward-looking statements reflect the current views of management with respect to future events and are subject to certain risks, uncertainties, and assumptions. Should one or more of these risks or uncertainties materialize or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, or described pursuant to similar expressions.