Addax Petroleum Corporation
07 May 2008


                                       



                      ADDAX PETROLEUM PRESENTS AT UPCOMING

                      TRISTONE CAPITAL ENERGIE CONFERENCE


Calgary, May 7, 2008 /CNW/ - Addax Petroleum Corporation ("Addax Petroleum" or
the "Corporation") (TSX: AXC and LSE: AXC), announces that Mr. Jean Claude
Gandur, President and Chief Executive Officer, will be presenting at the
Tristone Capital Energie'08 Conference in Paris on Tuesday May 13th, 2008 at
approximately 2:55 p.m. local time (1:55 p.m. London U.K. Time / 8:55 a.m.
Eastern Time).


Investors are invited to use the link below to watch the presentation and listen
to the live audio cast. To enroll for the event, click on the Large Cap E+P box
and then click "Enroll". Follow-up emails will indicate how to join the event.


https://tristonecapital-ls.webex.com/tristonecapital-ls/onstage/g.php?p=2&t=m


The presentation slides will be available prior to the presentation 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 126,000 bbl/d for 2007. Further information about Addax
Petroleum is available at www.addaxpetroleum.com or at www.sedar.com.


Legal Notice - Forward-Looking Statements


Certain statements in this press release constitute forward-looking statements
under applicable securities legislation. Such statements are generally
identifiable by the terminology used, such as "anticipate'', "believe'',
"intend", "expect", "plan", "estimate", "budget'', "outlook'', "may", "will",
"should", "could" , "would" or other similar wording. Forward-looking
information includes, but is not limited to, reference to business strategy and
goals, future capital and other expenditures, reserves and resources estimates,
drilling plans, construction and repair activities, the submission of
development plans, seismic activity, production levels and the sources of growth
thereof, project development schedules and results, results of exploration
activities and dates by which certain areas may be developed or may come
on-stream, royalties payable, financing and capital activities, contingent
liabilities, environmental matters and government approvals. By its very nature,
such forward-looking information requires Addax Petroleum to make assumptions
that may not materialize or that may not be accurate. This forward-looking
information is subject to known and unknown risks and uncertainties and other
factors, which may cause actual results, levels of activity and achievements to
differ materially from those expressed or implied by such information. Such
factors include, but are not limited to: imprecision of reserves and resources
estimates; ultimate recovery of reserves; prices of oil and natural gas; general
economic, market and business conditions; industry capacity; competitive action
by other companies; fluctuations in oil prices; refining and marketing margins;
the ability to produce and transport crude oil and natural gas to markets; the
ability to market and sell natural gas under its production sharing contracts;
the effects of weather and climate conditions; the results of exploration and
development drilling and related activities; fluctuation in interest rates and
foreign currency exchange rates; the ability of suppliers to meet commitments;
actions by governmental authorities, including increases in taxes; decisions or
approvals of administrative tribunals; changes in environmental and other
regulations; risks attendant with oil and gas operations, both domestic and
international; international political events; expected rates of return; and
other factors, many of which are beyond the control of Addax Petroleum. More
specifically, production may be affected by such factors as exploration success,
start-up timing and success, facility reliability, reservoir performance and
natural decline rates, water handling, and drilling progress. Capital
expenditures may be affected by cost pressures associated with new capital
projects, including labour and material supply, project management, drilling rig
rates and availability, and seismic costs. These factors are discussed in
greater detail in filings made by Addax Petroleum with the Canadian provincial
securities commissions.


Readers are cautioned that the foregoing list of important factors affecting
forward-looking information is not exhaustive. Furthermore, the forward-looking
information contained in this press release is made as of the date of this press
release and, except as required by applicable law, Addax Petroleum does not
undertake any obligation to update publicly or to revise any of the included
forward-looking information, whether as a result of new information, future
events or otherwise. The forward-looking information contained in this press
release is expressly qualified by this cautionary statement.


For additional information, please contact:

Mr. Patrick Spollen                       Mr. Nick Cowling
Investor Relations                        Press Relations
Tel.: +41 (0) 22 702 95 47                Tel.: +1 (416) 934 80 11
patrick.spollen@addaxpetroleum.com        nick.cowling@cossette.com

Mr. Craig Kelly                           Mr. James Henderson
Investor Relations                        Press Relations
Tel.: +41 (0) 22 702 95 68                Tel.: +44 (0) 20 7743 6673
craig.kelly@addaxpetroleum.com            james.henderson@pelhampr.com

Ms. Marie-Gabrielle Cajoly                Mr. Alisdair Haythornthwaite
Press Relations                           Press Relations
Tel.: +41 (0) 22 702 94 44                Tel.: +44 (0) 20 7743 6676
marie-gabrielle.cajoly@addaxpetroleum.com alisdair.haythornthwaite@pelhampr.com






                      This information is provided by RNS
            The company news service from the London Stock Exchange

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