Verenex Energy Inc. - Filing of 2007 Annual Information Form

    CALGARY, March 31 /CNW/ - Verenex Energy Inc. ("Verenex") (TSX - VNX)
announced today that it has filed its Annual Information Form ("AIF") for the
year ended December 31, 2007, which includes the disclosure and reports
relating to reserves data and other natural gas and petroleum information
required pursuant to National Instrument 51-101 of the Canadian Securities
Administrators.
    With this news release, Verenex is reporting these filings as required by
National Instrument 51-101. A copy of the Verenex AIF may be viewed on its
SEDAR profile at www.sedar.com.

    Verenex is a Canada-based, international oil and gas exploration and
production company with a world-class exploration portfolio in the Ghadames
Basin in Libya.

    %SEDAR: 00020996E

For further information: Jim McFarland, President & CEO, Verenex Energy
Inc., Telephone: [phone] Or Ken Hillier, Chief Financial Officer,
Verenex Energy Inc., Telephone: [phone]