CALGARY, Canada, March 6 /PRNewswire/ -- Addax Petroleum Corporation (Addax Petroleum or the Corporation) (TSX: AXC and LSE: AXC), announces that Mr. Michael Ebsary, Chief Financial Officer, will be presenting at the FirstEnergy / Société Générale Canadian Energy Conference in New York, USA on Thursday, March 12th, 2009 at approximately 3:35 p.m. Eastern Time (7:35 p.m. London Time).

Investors are invited to listen to the live audio webcast of the presentation via the following link: http://remotecontrol.jetstreammedia.com/15773

The presentation slides will be available on Addax Petroleum's website at http://www.addaxpetroleum.com.

About Addax Petroleum

Addax Petroleum is an international oil and gas exploration and production company with a strategic focus on West Africa and the Middle East. Addax Petroleum is one of the largest independent oil producers in West Africa and has increased its crude oil production from an average of 8.8 Mbbl/d for 1998 to an average of 136.5 Mbbl/d for 2008. Further information about Addax Petroleum is available at http://www.addaxpetroleum.com or at http://www.sedar.com.

For further information: Mr. Craig Kelly Investor Relations Tel.: +41(0)22-702-95-68 craig.kelly@addaxpetroleum.com Mr. Chad O'Hare Investor Relations Tel.: +41(0)22-702-94-10 chad.o'hare@addaxpetroleum.com Ms. Marie-Gabrielle Cajoly Press Relations Tel.: +41(0)22-702-94-44 marie-gabrielle.cajoly@addaxpetroleum.com Mr. Nick Cowling Press Relations Tel.: +1-416-934-8011 nick.cowling@cossette.com Mr. Mark Antelme Press Relations Tel.: +44(0)20-3178-6242 mark.antelme@pelhampr.com

For further information: Mr. Craig Kelly, Investor Relations, Tel.: +41(0)22-702-95-68, craig.kelly@addaxpetroleum.com; Mr. Chad O'Hare, Investor Relations, Tel.: +41(0)22-702-94-10, chad.o'hare@addaxpetroleum.com; Ms. Marie-Gabrielle Cajoly, Press Relations, Tel.: +41(0)22-702-94-44, marie-gabrielle.cajoly@addaxpetroleum.com; Mr. Nick Cowling, Press Relations, Tel.: +1-416-934-8011, nick.cowling@cossette.com; Mr. Mark Antelme, Press Relations, Tel.: +44(0)20-3178-6242, mark.antelme@pelhampr.com