DualEx updates Syria operations

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CALGARY, Jan. 29 /CNW/ - DualEx Energy International Inc. (DXE, TSX-V), announces that the drilling company contracted to drill the Al Tayr - 101 well on Block 17 in Syria has advised that it cannot meet the timing set out in the drilling contract. As a result, the contract has been terminated and the Operator is seeking alternate drilling rig arrangements. DualEx has a 31.67% interest in the 1.25 million acre Block 17.

DualEx Energy International Inc. is an oil and gas exploration company with operations in the greater Mediterranean area. DualEx's common shares trade on the TSX Venture Exchange under the symbol "DXE".

Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.

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