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OIL.to TSX Delays Oilexco Delisting Date
Monday February 9, 2009, 3:04 pm EST

CALGARY, ALBERTA--(Marketwire - Feb. 9, 2009) - Oilexco Incorporated (TSX:OIL - News; LSE:OIL - News; "Oilexco" or "the Company") has been advised by the Toronto Stock Exchange ("TSX") that the TSX will allow the Company's shares to continue trading on the TSX until the close of business on February 17, 2009. The TSX agreed to delay the previously announced delisting date so that the Company's shares can continue to trade while Oilexco pursues a listing on a different stock exchange in Canada.

The TSX had announced on January 9, 2009 that Oilexco's shares would be delisted from trading on the TSX at the close of market on February 9, 2009. Since that announcement was made, the Company has been investigating several options that will allow its shares to continue trading in Canada and anticipates making a further announcement in the coming days.