Osage Exploration and Development Announces Appointment to Board of Directors

Osage Exploration and Development, Inc. (OTCQB:OEDV), an independent exploration and production company focused on the Horizontal Mississippian and Woodford plays in Oklahoma, is pleased to announce the appointment of Mr. Gregory Holcombe as a new member of the Company’s Board of Directors effective August 1, 2014. Mr. Holcombe will be Osage's first Independent Director.

Mr. Holcombe currently serves on the Board of Directors at Hudson Valley Bank, a publicly-traded $3 billion bank located in Westchester County, New York, where he is on the Loan and Oversight Committees. Mr. Holcombe has been a member of the Board of Directors at Hudson Valley Bank since 1999. Mr. Holcombe graduated from Tulane University in 1983 with a BS in Latin American Studies and International Marketing.

Management Comments

“As Osage gains momentum as a Company it is imperative to bring experienced, independent oversight to our Board of Directors. Greg Holcombe exemplifies the character and dedication that one hopes to find in corporate governance. Osage is proud that he has agreed to become part of our team," stated Mr. Kim Bradford, Chairman and CEO of Osage Exploration and Development (OTCQB: OEDV).

About Osage Exploration and Development, Inc.

Based in San Diego, California, with production offices in Oklahoma City, Oklahoma, Osage Exploration and Development, Inc. is an independent exploration and production company with interests in oil and gas wells and prospects in the U.S. http://www.osageexploration.com

Safe Harbor Statement

The information in this release includes certain forward-looking statements as defined by the Securities and Exchange Commission that are based on assumptions that in the future may prove not to have been accurate. Those statements and Osage Exploration and Development, Inc. are subject to a number of risks, including production variances from expectations, volatility of product prices, inability to raise sufficient capital to fund its operations, environmental risks, competition, government regulation, and the ability of the Company to execute its business strategy, among others.

Osage Exploration and Development, Inc.Kim Bradford, President and [e-mail] Zedlitz, VP of Corporate [e-mail]://www.osageexploration.com