Energem Resources Inc - Nigerian facility repairs complete and has best month to date in November


    VANCOUVER, Dec. 4 /CNW/ - Energem Resources Inc ("Energem" or "the
Company") is pleased to announce that repairs to the March fire damage at the
Company's 50% owned and controlled fuel storage and distribution facility in
Nigeria were completed at end November 2007 and the facility is now able to
operate at full capacity.
    The facility also had its best month in November 2007 since opening in
September 2006, having discharged 130,000 tonnes of refined fuel product
despite having only 50% availability of its distribution capacity during the
    Wayne Osborne, Chief Executive Officer of the Petroleum Division
commented: "The ability of our staff in Nigeria to achieve full commissioning
of the facility, post the fire incident, in such a short time frame is truly
commendable. This coupled with the fact that the facility was able to achieve
record loading numbers despite only having 50% of its distribution capacity
available is testament to the robustness of the plant and the hard work and
dedication of all of the staff."

    This news release contains forward-looking statements which address
future events and conditions which are subject to various risks and
uncertainties. The actual results could differ materially from those
anticipated in such forward-looking statements as a result of numerous
factors, some of which may be beyond the Company's control. These factors
include: the availability of funds; the costs and availability of product;
fluctuations in fuel product sale prices; currency fluctuations; changes in
production costs; fluctuation in shipping costs; availability of shipping;
general market and industry conditions; political and regulatory instability
and risks associated with rights to title and ownership of assets.
    Forward-looking statements are based on the expectations and opinions of
the Company's management on the date the statements are made. The assumptions
used in the preparation of such statements, although considered reasonable at
the time of preparation, may prove to be imprecise and, as such, undue
reliance should not be placed on forward-looking statements.

    Energem Resources Inc.(TSX/AIM:ENM) is an Africa focussed company listed
on the Toronto Stock Exchange and on the London Stock Exchange's AIM market
and the holding company of a group of companies engaged in, mainly, several
African countries in the bio-fuels, oil and related sectors including
logistics and supply to the mining industry in South and Central Africa and
development of an up-stream oil exploration asset. The Company has offices
and/or logistics and support infrastructure in Johannesburg, London, Beijing
and a number of African countries.

    %SEDAR: 00002462E

For further information:

For further information: Rob Rainey in Johannesburg at telephone +27 11
372-3300, Fax +27 11 454-1673 or email: info@energem.com; Refer to our
website: www.energem.com; Canaccord Adams Limited, Chris Bowman, Andrew Chubb,
+44 207 050 6500; Smithfield Consultants, Reg Hoare, +44 207 360 4900

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