VANCOUVER, BC, March 21 /CNW Telbec/ - Exxel Energy Corp. (TSX-V: EXX)
(the "Company") is pleased to announce the following lease update. The oil and
gas leases have been acquired by Exxel Energy (USA) Inc. ("Exxel"), a wholly
owned subsidiary of the Company.
Exxel recently acquired oil and gas mineral rights to 60,900 acres in the
Columbia River Basin. The acquisition increases Exxel's total leasehold
position in the Columbia River Basin to over 142,500 acres. The leasehold
interests are undeveloped and Exxel's working interest is 100 percent.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
