Exxel Energy Corp. announces that it has signed a Purchase and Sale Agreement with Patriot Petroleum Corp.

VANCOUVER, May 12 /CNW/ - Exxel Energy Corp. ("Exxel") (TSXV: EXX) announces that it has entered into a Purchase and Sale Agreement dated May 9, 2008 with Patriot Petroleum Corp., whereby Exxel has sold certain petroleum and natural gas leases located in the Garrington Area of Alberta in consideration for the payment of $1,000,000. The parties intend to close the transaction on May 14, 2008.

The acquisition is a non arm's length transaction as Mr. John Hislop is a director of both Exxel and Patriot Petroleum Corp.

The Purchase and Sale Agreement is subject to the approval of the TSX Venture Exchange.

About Exxel Energy Corp.

Exxel, headquartered in Houston, is an independent oil and gas exploration and development company focused in the Greater Green River Basin of Wyoming, the Columbia River Basin of Washington, the Piceance Basin of Colorado, the Great Basin of Nevada, and the Williston Basin of North Dakota.

The TSX Venture Exchange has not reviewed and does not accept

responsibility for the adequacy or accuracy of this release.