CALGARY, ALBERTA–( EMWNews – April 8, 2008) – Exall Energy Corporation (“Exall”) (TSX:EE) is pleased to announce proceeds to Exall of $1,144,745 as a result of the exercise of outstanding warrants and broker warrants from its financing completed in March 2007. Proceeds received from these warrants will be used for exploration activities on the Company’s properties and for general working capital purposes.

Exall also announced that concurrently with the filing of its audited financial statements and Management Discussion & Analysis (MD&A) for the year ended December 31, 2007, it has also filed its Annual Information Form (AIF) which contains the information required by NI 51-101F1. Exall’s annual filings can be found at www.exall.com or www.sedar.com.

Exall Energy Corporation is a junior oil and gas company active in its business of oil and gas exploration, development and production from its properties in Alberta, British Columbia and Texas.