Addax Petroleum second quarter 2008 conference call

    CALGARY, Aug. 1 /CNW/ - 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

    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:

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.: (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,

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