DualEx announces production commencement in Hungary


    CALGARY, Aug. 12 /CNW/ - DualEx Energy International Inc. (the "Company")
(DXE, TSX-V), announces the completion of construction and installation of the
gas treatment facility and start-up of gas production from the PEN-104 well in
the Peneszlek area of the Nyirseg permits in Hungary. The well is currently
producing 1.7 MMcf/d (million cubic feet per day) through a 6 mm choke at a
wellhead pressure of 1334 psi. The Company expects flow rates to be ramped up
over the next several days as well performance dictates. The PEN-104 well was
drilled in late 2006 and the produced gas, after metering at the PEN-104
facility, is transported by pipeline to the MOL gas processing facility at
    DualEx has a 37.5% interest in the project through its equity interest in
PetroHungaria kft. Other partners are Ascent Resources (45.23%), Geomega (8%),
Leni Gas & Oil (7.27%), and Swede Resources of (2%).
    Future plans for the Nyirseg exploration permits (614,000 gross acres)
include the recording of a 3D seismic survey in the Peneszlek area with the
objective of developing additional drill targets, along with the eventual
tie-in of other currently suspended wells.

    DualEx Energy International Inc. is an oil and gas exploration company
with operations in the greater Mediterranean area. DualEx's common shares
trade on the TSX Venture Exchange under the symbol "DXE".

    Forward-Looking Statements

    This news release contains forward-looking statements and forward-looking
information within the meaning of applicable securities laws. The use of any
of the words "expect", "anticipate", "continue", "estimate", "objective",
"ongoing", "may", "will", "project", "should", "believe", "plans", "intends"
and similar expressions are intended to identify forward-looking information
or statements. More particularly and without limitation, this news release
contains forward looking statements and information concerning DualEx's future
operations and prospects. The forward-looking statements and information are
based on certain key expectations and assumptions made by DualEx, including
expectations and assumptions concerning equipment and crew availability, and
joint venture partner financial capability. Although DualEx believe that the
expectations and assumptions on which such forward-looking statements and
information are based are reasonable, undue reliance should not be placed on
the forward looking statements and information because DualEx can give no
assurance that they will prove to be correct. By its nature, such
forward-looking information is subject to various risks and uncertainties,
which could cause DualEx's actual results and experience to differ materially
from the anticipated results or expectations expressed. These risks and
uncertainties, include, but are not limited to reservoir performance, labour,
equipment and material costs, access to capital markets, interest and currency
exchange rates, political and economic conditions. Additional information on
these and other factors is available in continuous disclosure materials filed
by DualEx with Canadian securities regulators. Readers are cautioned not to
place undue reliance on this forward-looking information, which is given as of
the date it is expressed in this news release or otherwise, and to not use
future-oriented information or financial outlooks for anything other than
their intended purpose. DualEx undertakes no obligation to update publicly or
revise any forward-looking information, whether as a result of new
information, future events or otherwise, except as required by law.

    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.

    %SEDAR: 00023802E

For further information:

For further information: This press release is reproduced on DualEx's
website at www.dualexen.com; For this and other information about DualEx
Energy International Inc., please visit the website or contact Garry Hides
(President & CEO) at 265-8011 ext. 223

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DualEx Energy International Inc.

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