Exall Energy Corporation Announces Approval of Enhanced Oil Recovery Scheme and Granting of Good Production Practice at

CALGARY, ALBERTA, Jun 30 (MARKET WIRE) --
Exall Energy Corporation (TSX: EE) ("Exall" or the "Company") is pleased
to announce the approval of an application to the ERCB (Alberta Energy
Resources Control Board) to implement an enhanced oil recovery scheme by
water injection at Exall's Marten Mountain property, in the Mitsue
Gilwood A Pool. As a result of the approval, the Marten Mountain
102/14-1-75-6W5 well has been granted Good Production Practice (GPP)
status effective immediately.

The Company expects to have final approvals for the planned pipeline and
battery facilities to proceed with construction in the third quarter of
2009. Completion of the pipeline and facilities will allow unrestricted
production from the 102/14-1 well. An application is being made to amend
the waterflood approval area to include the 7-12 well which would result
in that well being granted GPP.

About Exall

Exall Energy Corporation is a junior oil and gas company active in its
business of oil and gas exploration, development and production from its
properties in Alberta, British Columbia and Texas. Exall is currently
developing a new oil discovery in north-central Alberta.

The Company currently has 45,921,277 common shares outstanding. The
Company's common shares are listed on the Toronto Stock Exchange under
the trading symbol EE.

Reader Advisory

This news release contains forward-looking statements, which are subject
to certain risks, uncertainties and assumptions, including those relating
to results of operations and financial condition, capital spending,
financing sources, commodity prices and costs of production. By their
nature, forward-looking statements are subject to numerous risks and
uncertainties that could significantly affect anticipated results in the
future and, accordingly, actual results may differ materially from those
predicted. A number of factors could cause actual results to differ
materially from the results discussed in such statements, and there is no
assurance that actual results will be consistent with them. Such factors
include fluctuating commodity prices, capital spending and costs of
production, and other factors described in the Company's most recent
Annual Information Form under the heading "Risk Factors" which has been
filed electronically by means of the System for Electronic Document
Analysis and Retrieval ("SEDAR") located at www.sedar.com. Such
forward-looking statements are made as at the date of this news release,
and the Company assumes no obligation to update or revise them, either
publicly or otherwise, to reflect new events, information or
circumstances, except as may be required under applicable securities law.

Please visit Exall Energy's website at: www.exall.com.

Contacts:
Exall Energy Corporation
Frank S. Rebeyka
Vice Chairman & CEO
403-815-6637
info@exall.com

Exall Energy Corporation
Roger N. Dueck
President & COO
403-237-7820 x 223
www.exall.com

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