CALGARY, Canada, August 1 /PRNewswire/ -- Addax Petroleum Corporation (TSX: AXC and LSE: AXC) ("Addax Petroleum" or the "Corporation") will announce its financial results for the quarter ended June 30, 2008 on Wednesday, August 6, 2008, and will discuss its financial results in a conference call on Wednesday, August 6, 2008 at 11:00 a.m. Eastern Time / 4:00 p.m. London, U.K. time. Mr. Jean Claude Gandur, President and Chief Executive Officer, Mr. James Pearce, Chief Operating Officer, and Mr. Michael Ebsary, Chief Financial Officer, will discuss the Corporation's most recent financial and operating results.

Conference call details: Date: Wednesday, August 6, 2008 Time: 11:00 a.m. Eastern Time / 4:00 p.m. London, U.K. time To listen to the conference call, please call one of the following: Toronto: 416-644-3419 Toll-free (Canada and the U.S): 1-800-732-6179 Toll-free (U.K.): 00-800-2288-3501 Toll-free (Switzerland): 00-800-2288-3501

A replay of the call will be available at (416)640-1917 or (877)289-8525, passcode 21277903 followed by the number sign until Friday, August 22, 2008. Investors are invited to listen to the live webcast of the presentation via the following link:

English Event URL:

French Event URL:

The presentation slides for the above webcast will be available prior to the presentation on Addax Petroleum's website at

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 8,800 bbl/d for 1998 to an average of approximately 139,100 bbl/d for the first quarter of 2008. Further information about Addax Petroleum is available at, or the Corporation's website,


The conference call may contain forward-looking statements. When used in the call, words such as "anticipate", "expect", "project", and similar expressions are intended to identify such forward-looking statements. Although the Corporation believes that these statements are based on information and assumptions which are current, reasonable and complete, these statements are necessarily subject to a variety of risks and uncertainties pertaining to operating performance, regulatory parameters, economic conditions and commodity prices. While Addax Petroleum makes these forward looking statements in good faith, should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary significantly from those expected.

For further information: Mr. Patrick Spolle Investor Relations Tel.: +41(0)22-702-95-47 Mr. Craig Kelly Investor Relations Tel.: +41(0)22-702-95-68 Ms. Marie-Gabrielle Cajoly Press Relations Tel.: +41(0)22-702-94-44 Mr. Nick Cowling Press Relations Tel.: +1-416-934-8011 Mr. James Henderson Press Relations Tel.: +44(0)20-7743-6673 Mr. Alisdair Haythornthwaite Press Relations Tel.: +44(0)20-7743-6676

For further information: Mr. Patrick Spollen, Investor Relations, Tel.: +41(0)22-702-95-47,; Mr. Craig Kelly, Investor Relations, Tel.: +41(0)22-702-95-68,; Ms. Marie-Gabrielle Cajoly, Press Relations, Tel.: +41(0)22-702-94-44,; Mr. Nick Cowling, Press Relations, Tel.: +1-416-934-8011,; Mr. James Henderson, Press Relations, Tel.: +44(0)20-7743-6673,; Mr. Alisdair Haythornthwaite, Press Relations, Tel.: +44(0)20-7743-6676,