Odyssey Announces Completion of the Pilot Plant

JOHANNESBURG, South Africa, June 29, 2009 (GLOBE NEWSWIRE) -- Odyssey Oil &
Energy, Inc. (OTCBB:OOGI) is pleased to announce the completion of the Pilot
Plant at Xstrata Alloys smelter in Boshoek. The pilot plant is currently being
tested under sterile conditions and should be fully operational within the next
2 weeks.

The plant will produce bio-fuels from algae and capture the carbon emissions
from the smelter. The pilot plant will also be the foundation and part of the
full commercial plant to be built on site.

ALG Western Oil (Pty) Ltd., a wholly owned subsidiary, has a Letter of Intent
with Xstrata Alloys, a subsidiary of Xstrata Plc (LSE:XTA), as the preferred
developer for the Xstrata Alloys Bio-Fuels Project. The objective of the project
is to establish a commercial facility that will utilize the carbon dioxide
produced by its smelters to produce bio-fuels from algae.

"With completion of the pilot plant, the company has entered into a new and
exciting era and positioned itself at the leading edge of the bio-fuels and
carbon capture industry, and we intend to expand rapidly in this area," said
Arthur Johnson, President.

For further information on the company please contact the company at

+27(11) 807-1446
www.odysseyoil.net
Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the
"safe harbor" provisions of the Private Securities Litigation Reform Act of
1995. All statements other than statements of historical facts, included or
incorporated by reference herein relating to management's current expectations
of future financial performance, continued growth, changes in economic
conditions or capital markets, and changes in customer usage patterns and
preferences are forward-looking statements within the meaning of Section 27A of
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in good faith and believe such statements are based on reasonable assumptions,
including without limitation, management's examination of historical operating
trends, data contained in records and other data available from third parties,
we cannot assure you that our projections will be achieved.

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CONTACT: Odyssey Oil & Energy, Inc.
Arthur Johnson
+27(11) 807-1446
www.odysseyoil.net