OEI Otish Energy Inc.

Otish Energy Inc. (the "Company") (TSX VENTURE:OEI) pleased to announce it has
signed a letter of intent with Misters Clinton and Henry Alphonso, of Georgetown
Guyana, SA, whereby the Company will acquire all of the hardrock mining rights
(the "Rights") in the Guyana Geology and Mines Commission Large Scale
Prospecting Licence No. 01/2009 in the Kaburi Area, Mazaruni, Guyana SA. 


The consideration payable by the Company for the purchase of the Rights will be
one hundred and fifty thousand US dollars (US$150,000) and 900,000 common shares
in the capital of the Company which shares will subject to the usual 4 month
restricted period required by the TSX Venture Exchange and applicable securities
legislation.


The purchase of the Rights is subject to due diligence by the Company and the
completion of formal documentation.


The first step in evaluating this Property the Company intends to undertake an
independent NI 43-101 Report which will recommend an initial exploration
program.


This news release may contain forward-looking statements based on assumptions
and judgments of management regarding future events or results. Such statements
are subject to a variety of risks and uncertainties which could cause actual
events or results to differ materially from those reflected in the
forward-looking statements. The Company disclaims any intention or obligation to
revise or update such statements.


On Behalf of the Board of Otish Energy Inc.

Steve Smith, President

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