OEX Orleans Energy Ltd Com Npv

Orleans Energy Ltd. ("Orleans" or the "Company") (TSX VENTURE:OEX) announces
today that it has granted stock options to employees, officers and directors in
an aggregate quantity of 254,500 options with an exercise price of $3.75 per
stock option. The stock options will be granted pursuant to the Company's stock
option plan and will vest over a three-year period with a five-year expiry.
Subsequent to this stock option grant, Orleans will have a total of 4,068,026
stock options outstanding.


Orleans Energy Ltd. is a Calgary, Alberta-based emerging crude oil and natural
gas company, with common shares trading on the TSX Venture Exchange under the
symbol "OEX". Orleans is a team of dedicated, experienced professionals focused
on the creation of shareholder value via acquisition and development of crude
oil and natural gas assets in Alberta.


Certain information regarding the Company contained herein may constitute
forward-looking statements within the meaning of applicable securities laws.
Forward-looking statements may include estimates, plans, anticipations,
expectations, intentions, opinions, forecasts, projections, guidance or other
similar statements that are not statements of fact. Although the Company
believes that the expectations reflected in such forward-looking statements are
reasonable, it can give no assurance that such expectations will prove to be
correct. These statements are subject to certain risks and uncertainties and may
be based on assumptions that could cause actual results to differ materially
from those anticipated or implied in the forward-looking statements. The
Company's forward-looking statements are expressly qualified in their entirety
by this cautionary statement.

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