Fox Petroleum Inc. Enlists Consultant for Permitting of Two Catcher's Mitt Prospect Wells in the Cook Inlet, Alaska

Business Wire, April 15, 2008

LONDON -- Fox Petroleum Inc. (OTCBB: FXPE) (hereafter the "Fox" or the "Company") is pleased to announce the addition of Bruce Webb as a consultant enlisted to arrange the permitting of two wells on the Catcher's Mitt prospect in Alaska's Cook Inlet. Upon permit approval, the Company plans to drill the two wells during this upcoming winter season. In consideration of the various consulting services to be provided by Mr. Webb to Fox, we agreed to pay Mr. Webb a non refundable fee of US$20,000 and issue 50,000 pre-split restricted shares of the Company's common stock upon receipt of the permitting to drill the above noted gas wells.

"Fox is eager to utilize Mr. Webb's localized knowledge and experience to permit these two wells," said Richard Moore, CEO and director of Fox. "His influence is expected to further enhance Fox's intentions to bring our winter drilling schedule to fruition."

Mr. Webb brings over 20 years of land negotiation, compliance and permitting experience, including 13 years with the State of Alaska's Department of Natural Resources as a Natural Resource Specialist, Permitting and Compliance and another five years with the state's Department of Community and Regional Affairs. A long-time participant in the oil and gas industry, Webb's specialty lies in his knowledge of the Alaskan permit process and in negotiating acquisitions and farm-ins.

A life-long Alaskan and well-established member of the business community, Webb is an expert on Alaskan land issues, dealing with oil and gas producers, native communities, local governments and other regulatory entities. Currently he serves as Manager of Land and Regulatory Affairs for Aurora Gas, LLC, President of Webb Petroleum and Vice President of Regulatory Affairs for Alaskan Crude Corporation.

Further Information

Shareholders and prospective investors are encouraged to visit the Company's website: www.foxpetro.com and download the Company's Investor Summary. Please feel free to call investor relations toll-free at 1-888-369-4744 to receive a full corporate investor's package.

About Fox Petroleum

Fox Petroleum is an Oil and Gas Exploration and Production Company headquartered in London, England, the financial capital of Europe. Fox also has an operations office in Anchorage, Alaska. Fox's current targets include mineral rights to 32,000 acres in Alaska's North Slope estimated to represent a potential of up to 160 million barrels of oil (LAPP Resources, Inc.), and the rights to a 33.33% ownership stake in a 37,000 acre UK North Sea license which could potentially hold up to 213 million barrels of oil (TRACS International Ltd). Fox has a 22.5% carried interest in producing onshore Texan gas well, and has also signed agreements to acquire roughly 14,000 acres on the North Slope and approximately 42,000 of land onshore in the Cook Inlet containing the Catcher's Mitt Prospect. Fox has also recently signed a Farm-In Agreement for 46% of the 211/17 South block containing the Bourbon prospect, estimated by Aimwell Energy Ltd to have a mid case recoverable reserve potential of 167 mmbo. The Company's shares are publicly traded on the OTC BB under the ticker symbol "FXPE".

On behalf of the Board of Directors

FOX PETROLEUM INC.

Alex Craven, Vice President, Finance

Legal Notice Regarding Forward-Looking Statements

Legal Notice Regarding Forward-Looking Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Forward looking statements are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "aims", "potential", "goal", "objective", "prospective", and similar expressions or that events or conditions "will", "would", "may", "can", "could" or "should" occur. Information concerning oil or natural gas reserve estimates may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a project is actually developed.

Actual results may differ materially from those currently anticipated due to a number of factors beyond the reasonable control of the Company. It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include misinterpretation of data, inaccurate estimates of oil and natural gas reserves, the uncertainty of the requirements demanded by environmental agencies, the Company's ability to raise financing for operations, breach by parties with whom we have contracted, inability to maintain qualified employees or consultants because of compensation or other issues, competition for equipment, inability to obtain drilling permits, potential delays or obstacles in drilling operations and interpreting data, the likelihood that no commercial quantities of oil or gas are found or recoverable, and our ability to participate in the exploration of, and successful completion of development programs on all aforementioned prospects and leases. Additional information on risks for the Company can be found in its periodic filings filed from time to time on EDGAR with the US Securities and Exchange Commission.