News Release

Oilexco Incorporated To Trade On TSX Venture Exchange

February 17, 2009

OILEXCO INCORPORATED ("OIL")
BULLETIN TYPE: New Listing-Shares
BULLETIN DATE: February 17, 2009
TSX Venture Tier 2 Company

Effective at the opening Wednesday, February 18, 2009, the shares of the Company will commence trading on TSX Venture Exchange. The Company is classified as an 'Oil & Gas' company.

The Company has been de-listed from trading on Toronto Stock Exchange effective Tuesday February 17, 2009.

Corporate Jurisdiction: Alberta

Capitalization: Unlimited common shares with no par value of which 223,832,827 common shares are issued and outstanding.
Escrowed Shares: 0

Transfer Agent: Computershare Trust Company of Canada
Trading Symbol: OIL
CUSIP Number: 677909 10 3

Company Contact: Art Millholland
Company Address: 3200, 715 - 5 Avenue SW, Calgary, AB T2P 2X6

Company Phone Number: (403) 262-5441
Company Fax Number: (403) 263-3251
Company Email Address: info@oilexco.com