Addax Petroleum (fka AXC)

[RUBY1100]

Addax Petroleum presents at Canaccord Adams Global Energy Conference
Wednesday October 17, 4:42 am ET


CALGARY, Oct. 17 /CNW/ - Addax Petroleum Corporation (TSX: AXC - LSE: AXC) ("Addax Petroleum" or the "Corporation") announces that Mr. Jean Claude Gandur, President and Chief Executive Officer, will be presenting at the Canaccord Adams Global Energy Conference in Miami, USA on Wednesday, October 24th, 2007 at approximately 9:30 a.m. Eastern Time / 2:30 p.m. London time.

Investors are invited to listen to the live webcast via the following link:

http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=2020260

Global Energy Conference
Wednesday, October 24th, 2007
Miami, Florida – Four Seasons Hotel Miami
1435 Brickell Ave Miami, FL 33131
[phone]

Conference start 8:30am -
Presenting

9:00 AM Afren Plc
9:30 AM Addax Petroleum Corporation

The presentation slides will be available on Addax Petroleum's website at www.addaxpetroleum.com

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 123,000 bbl/d for the second quarter of 2007. Further information about Addax Petroleum is available at www.addaxpetroleum.com or at www.sedar.com.


For further information

Mr. Patrick Spollen, Investor Relations, Tel.: [phone], [e-mail]
Mr. Craig Kelly, Investor Relations, Tel.: [phone], [e-mail]
Ms. Marie-Gabrielle Cajoly, Press Relations, Tel.: [phone], [e-mail]
Mr. Nick Cowling, Press Relations, Tel.: [phone], [e-mail]
Mr. James Henderson, Press Relations, Tel.: [phone], [e-mail]
Mr. Alisdair Haythornthwaite, Press Relations, Tel.: [phone], [e-mail]