Oromin Explorations Ltd.
OTC Bulletin Board : OLEPF

Oromin Explorations Ltd.

December 15, 2008 14:28 ET

Oromin to Commence Trading on Toronto Stock Exchange

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 15, 2008) - Oromin Explorations Ltd. (TSX VENTURE:OLE)(OTCBB:OLEPF) ("Oromin" or the "Company") is pleased to announce that its common shares will commence trading on the Toronto Stock Exchange (TSX) at market open on Tuesday, December 16, 2008. The Company's stock symbol will remain "OLE".

Oromin is a well-funded and aggressive exploration company, led by management with an excellent track record of discovering, advancing and developing gold projects.

Chet Idziszek, President and CEO, stated, "Attaining this listing for Oromin on Canada's senior stock exchange marks another important milestone we've achieved in 2008. This will provide a higher profile, which we believe is warranted based on the extreme success we have at our Sabodala Gold Project in Senegal, West Africa. Since filing our initial resource estimate in July, aggressive drilling on several targets comprising the three gold deposits included in the resource estimate (1.4 million ounces) and the discovery of a new high grade gold deposit at Kerekounda, has continued to provide important and gratifying gold results. The Company expects updates to the initial resource estimate in the first and second quarters of 2009 with the results of the Pre-Feasibility Study by the end of the third quarter.

"In addition, we are making steady progress towards drilling at least two test wells at the Santa Rosa oil and gas project in Mendoza, Argentina. This wildcat test is scheduled for the first or second quarter of 2009."

"Oromin and its project partners are poised for a very active and exciting series of programs throughout 2009. Again, I emphasize the higher profile for the Company that its listing on the TSX will bring, and invite the investment community to become familiar with and follow our story."

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

Cautionary Statement

This document contains "forward-looking statements" within the meaning of applicable Canadian securities regulations. All statements other than statements of historical fact herein, including, without limitation, statements regarding exploration plans and our other future plans and objectives, are forward-looking statements that involve various risks and uncertainties. Such forward-looking statements include, without limitation, estimates of exploration investment and the scope of exploration programs. There can be no assurance that such statements will prove to be accurate, and future events and actual results could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from our expectations are disclosed in the Company's documents filed from time to time via SEDAR with the Canadian regulatory agencies to whose policies we are bound. Forward-looking statements are based on the estimates and opinions of management on the date the statements are made, and we do not undertake any obligation to update forward-looking statements should conditions or our estimates or opinions change. Forward-looking statements are subject to risks, uncertainties and other factors, including risks associated with mineral and oil & gas exploration, price volatility in the commodities we seek, and operational and political risks.

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

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