Exxel Energy Corp.

Exxel Energy Corp.

January 24, 2007 09:02 ET

Exxel Energy Corp. Hires Dr. Steve Boyer as Geologist

HOUSTON, TEXAS--(CCNMatthews - Jan. 24, 2007) - Exxel Energy Corp. (the "Company") (TSX VENTURE:EXX), is pleased to announce Dr. Steve Boyer will join the Company as a geologist effective January 22, 2007.

Dr. Boyer brings 29 years of structural geological experience and expertise working for a variety of major oil companies as well as independent exploration and production companies. He has spent his career primarily evaluating thrusted terrains in the Rocky Mountain region. Dr. Boyer has previously been employed as a geologist by Arco Oil and Gas Company, Amoco Production Company, the Anschutz Corporation, and Sohio Petroleum Company. He graduated from John Hopkins University with a PhD in Geology. He has been published in numerous industry publications on thrust belt geometries and cross-section balancing.

Cliff Adams, President and CEO of Exxel Energy Corp., stated, "We are pleased that Steve will join our technical exploration team. Steve is well renowned as one of the top structural geologists in the industry. Steve will be working closely with Bill (Lingley) to fully evaluate our exploration acreage positions in both the Columbia River Basin in Washington and the Great Basin in Nevada."

Bill Lingley, Vice President of Exploration of Exxel Energy Corp. added, "The Columbia River Basin and, especially our Nevada acreage position, both offer potential for conventional petroleum accumulations and sweets spots as defined by favorable geologic structure. Steve Boyer's expertise in interpretation of such complex structures will be invaluable in delineating these areas."

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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