TSXgroup

June 23, 2008

Orleans Energy Ltd. - (the "Company") - An application has been granted for the original listing in the Oil and Gas category of up to 50,346,677 common shares of which up to 45,769,706 common shares will be issued and outstanding and up to 4,576,971 common shares will be reserved for issuance.

The common shares of the Company will be listed and posted for trading at the opening on Wednesday, June 25, 2008.

The Company is subject to the reporting requirements of Section 501 of the TSX Company Manual.

Stock Symbol: "OEX"
CUSIP: 686586 10 8
Trading Currency: CDN

Market Maker: Dundee Securities Corp.

Other Markets: The common shares have been listed on TSX Venture Exchange (Symbol: OEX) since January 31, 2005. The common shares will be delisted from TSX Venture Exchange prior to the opening on June 25, 2008.

Head Office Address: Suite 1200, 500 - 4th Avenue SW
Calgary, AB T2P 2V6

Head Office Telephone Number: (403) 215-2940

Fax Number: (403) 261-8850

Website: www.orleansenergy.com

Investors Relations: Barry Olson
Tel: (403) 215-2941
Email: bolson@orleansenergy.com

Chief Financial Officer: Dean Bernhard

Corporate Secretary: Jay P. Reid

Incorporation: The Company was originally incorporated pursuant to the Companies Act (Quebec) as Orleans Resources Inc. on May 28, 1987. The Company has since amalgamated under the laws of Alberta.

Fiscal Year End: December 31

Nature of Business: The Company is an Alberta-based crude oil and natural gas company.

Transfer Agent & Registrar: Computershare Investors Services Inc. at its principal offices in Toronto, Ontario and Calgary, Alberta.

Dividends: Since incorporation, the Company has not paid any dividends on its outstanding common shares. Any decision to pay dividends on the common shares will be made by the board of directors of the Company on the basis of the Company's earnings, financial requirements and other conditions existing at such future time.