Reece Energy Exploration Corp. revises date of normal course issuer bid

    MEDICINE HAT, AB, Dec. 19 /CNW/ - Further to its news release issued on
December 17, 2007, Reece Energy Exploration Corp. (TSX-V/RXR) advises that its
normal course issuer bid will commence on December 21, 2007 instead of
December 19, 2007 as previously announced. The bid will continue until the
earlier of December 21, 2008 and the date by which Reece has acquired the
maximum of 1,383,928 Shares that may be purchased under the bid.

    Reece is a publicly held oil and gas company headquartered in Medicine
Hat, Alberta, Canada that trades on the TSX Venture Exchange under the symbol

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

For further information:

For further information: Lorne Swalm, President & C.E.O., Reece Energy
Exploration Corp., Phone: (403) 526-9700,,

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