Oromin Explorations Ltd.
TSX VENTURE : OLE
OTC Bulletin Board : OLEPF

Oromin Explorations Ltd.

November 02, 2007 13:04 ET

Oromin Corporate Update

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 2, 2007) - Oromin Explorations Ltd. (TSX VENTURE:OLE)(OTCBB:OLEPF) is pleased to report that it has retained Lion's Gate Geological Consulting to undertake the initial resource estimate on Oromin's Sabodala Property in the Republic of Senegal in conjunction with SRK Consulting (Canada) Inc. SRK is currently engaged by Oromin to provide expert, independent technical assistance for the Sabodala project, including QA/QC review, structural geology analysis, mineralization control investigation, exploration targeting, preliminary resource evaluation, geotechnical core logging training, geotechnical program advice and preliminary review of possible mining scenarios. In the coming months, SRK will also undertake environmental/social impact program management and preliminary metallurgical testing and will work with Lion's Gate who will undertake geological modelling on the initial resource estimate.

Oromin is also pleased to report that it has engaged Bendon International Ltd. to provide corporate advisory services with respect to the Sabodala project in order to more effectively carry out its role as operator of the Oromin Joint Venture Group Ltd. Bendon has extensive business expertise that Oromin believes can benefit the Sabodala project. It will, among other things, provide analysis of the relative benefits of debt and equity financing as the shareholders of the Oromin Joint Venture Group Ltd. consider making a production decision with respect to Sabodala as well as study and give advice on potential health, education cultural or social development programs that might benefit the Sabodala project.

To find out more about Oromin Explorations Ltd. visit www.oromin.com.

On behalf of the Board of Directors of OROMIN EXPLORATIONS LTD.

Chet Idziszek, President

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

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