Exxel Energy Corp. Announces TSX Venture Exchange Approval to the Purchase and Sales Agreement With Patriot Petroleum Corp.

Exxel Energy Corp. (TSX VENTURE:EXX) ("Exxel" or the "Company") announces the
TSX Venture Exchange has approved the previously announced Purchase and Sale
Agreement (the "Agreement") dated May 9, 2008 with Patriot Petroleum Corp.
Pursuant to the Agreement, Exxel sold certain petroleum and natural gas leases
located in the Garrington Area of Alberta in consideration for the payment of
CDN$1,000,000.


The acquisition is a non arm's length transaction as Mr. John Hislop is a
director of both Exxel Energy Corp. and Patriot.


About Exxel Energy Corp.

Exxel, headquartered in Houston, is an independent oil and gas exploration and
development company focused in the Greater Green River Basin of Wyoming, the
Columbia River Basin of Washington, the Piceance Basin of Colorado, the Great
Basin of Nevada, and the Williston Basin of North Dakota. The Company currently
has interests in over 30,000 net acres in the Greater Green River Basin,
approximately 415,000 net acres in the Columbia River Basin, approximately 4,000
net acres in the Piceance Basin, approximately 200,000 net acres in Nevada, and
approximately 8,700 net acres in the Williston Basin.


In the interests of providing Company shareholders and potential investors with
information regarding the Company, including the Company's assessment of its and
its subsidiaries' future plans and operations, certain statements included in
this press release may constitute forward-looking information or forward-looking
statements (collectively, "forward-looking statements"). All statements
contained herein that are not clearly historical in nature are forward-looking,
and the words "anticipate", "believe", "expect", "estimate" and similar
expressions are generally intended to identify forward-looking statements.
Similarly, forward-looking statements in this press release include, but are not
limited to anticipated developments of the Company's drilling project in and the
timing thereof, the Company's drilling project in and the timing thereof,
capital investment levels and the allocation thereof, pipeline capacity,
government royalty rates, reserve and resources estimates, the level of
expenditures for compliance with environmental regulations, site restoration
costs including abandonment and reclamation costs, exploration plans,
acquisition and disposition plans including farmout plans, net cash flows,
geographic expansion and plans for seismic surveys. 

In addition, please note that statements relating to "reserves" or "resources"
are deemed to be forward-looking statements, as they involve the implied
assessment, based on certain estimates and assumptions, that the reserves and
resources described can be profitably produced in the future. Such statements
represent the Company's internal projections, estimates or beliefs concerning,
among other things, an outlook on the estimated amounts and timing of capital
expenditures, anticipated future debt levels and incentive fees or revenues or
other expectations, beliefs, plans, objectives, assumptions, intentions or
statements about future events or performance. These statements are only
predictions. Actual events or results may differ materially. Although the
Company believes that the expectations reflected in the forward-looking
statements are reasonable, it cannot guarantee future results, levels of
activity, performance or achievement since such expectations are inherently
subject to significant business, economic, competitive, political and social
uncertainties and contingencies. Many factors could cause the Company's actual
results to differ materially from those expressed or implied in any
forward-looking statements made by, or on behalf of, the Company and the
foregoing list of important factors is not exhaustive. These forward-looking
statements are made as of the date hereof disclaims any intent or obligation to
update publicly any forward-looking statements, whether as a result of new
information, future events or results or otherwise. Company shareholders and
potential investors should carefully consider the information contained in the
Company's filings with Canadian securities administrators at www.sedar.com
before making investment decisions with regard to the Company.

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