Addax Petroleum Corporation

CALGARY, Canada - - Drilling First Deepwater Well at Kina Prospect in JDZ Block 4 Licence Area CALGARY, Canada, August 26 /PRNewswire/ -- Addax Petroleum Corporation ("Addax Petroleum" or the "Corporation") (TSX:AXC and LSE:AXC) today announced receipt of Transocean's Deepwater Pathfinder drillship and commencement of its exploration drilling campaign in the deepwater Gulf of Guinea with the spudding of the "Kina" prospect in Block 4 of the Nigeria Sao Tome and Principe Joint Development Zone ("JDZ").

CALGARY, Canada - Addax Petroleum Corporation ("Addax Petroleum" or the "Corporation") (TSX: AXC and LSE: AXC) today announced that it has received confirmation from Sinopec International Petroleum Exploration and Production Corporation ("SIPC") that it has obtained all approvals required from the relevant Government Entities of The People's Republic of China ("PRC Approvals") in order for SIPC and Mirror Lake Oil and Gas Company Limited ("Mirror Lake"), an indirect wholly-owned subsidiary of SIPC, to complete the acquisition of Addax Petroleum.

CALGARY, Canada - - Record Quarterly Production of 143.2 Mbbl/d - Funds Flow From Operations of $306 million - Net Income of $38 Million Addax Petroleum Corporation ("Addax Petroleum" or the "Corporation") (TSX: AXC and LSE: AXC), today announced its results for the quarter ended June 30, 2009.

CALGARY, Canada - Addax Petroleum Corporation ("Addax Petroleum" or the "Corporation") (TSX: AXC and LSE: AXC), today announced that it has received a letter (the "KRG Letter") from the Minister of Natural Resources of the Kurdistan Regional Government (the "KRG") and has confirmation from Sinopec International Petroleum Exploration and Production Corporation ("SIPC") that receipt of this letter satisfies the condition to the offer for Addax Petroleum dated July 9, 2009 (the "Offer") made by Mirror Lake Oil and Gas Company Limited, an indirect wholly-owned subsidiary of SIPC, that Addax Petroleum obtain the KRG Letter.

CALGARY, Canada - Addax Petroleum Corporation ("Addax Petroleum" or the "Corporation") ( TSX: AXC and LSE: AXC), today announced that Mirror Lake Oil and Gas Company Limited ("Mirror Lake"), an indirect wholly-owned subsidiary of Sinopec International Petroleum Exploration and Production Corporation ("SIPC"), has today commenced its offer for Addax Petroleum (the "Offer") and mailed the Offer and take-over bid circular (the "Offer Documentation") as well as the Addax Petroleum directors' circular, containing the Addax Petroleum board's unanimous recommendation to accept the Offer, to Addax Petroleum shareholders.