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TSX: NGL

CALGARY, Sept. 15 /CNW/ - Angle Energy Inc. ("Angle" or the "Company") is pleased to announce the following appointments and management additions.

Elizabeth More has been promoted to Vice President, Exploration. Ms. More is a P. Geol. and holds a Bachelor of Science in Geology and has over 26 years exploration success with major oil and gas explorers such as Gulf Canada as well as junior explorers such as Bear Creek Energy Inc.

Glen Richardson has been promoted to Vice President, Land. Mr. Richardson holds a Bachelor of Commerce Degree with a major in petroleum land management, and has over 14 years of negotiation and related experience with Penn West Petroleum and Amoco Canada.

Glen and Elizabeth joined the Angle team in 2007 and these promotions recognize their contributions to our success.

We are pleased to announce Matthew Mazuryk has joined Angle as Manager of Engineering. Mr. Mazuryk is a P. Eng. and holds a Bachelor of Science in Petroleum Engineering and will be responsible for all aspects of reservoir and business opportunity evaluations. Matt has over seventeen years of related experience at producers such as Penn West Petroleum and Harvest Energy Trust. Additionally, we welcome Heather Post in the role of Controller. Ms. Post is a Chartered Accountant with five years of related experience most recently with Barnwell of Canada and KPMG.

Operations in the Company's two core areas of Harmattan and Ferrier are yielding excellent results with current total production exceeding 7,000 boe/d. Angle is on track to meet or exceed its guidance of average production of 7,000 boe/d in the third quarter of 2008.

In the Ferrier area, the Company has drilled three wells (2.4 net) to date in the third quarter, with one of these wells (Angle 37.5% working interest) testing at significant gas volumes on a multi point flow test. The location, operated by Angle, is the fourth well Angle has drilled in Ferrier with stabilized capability of greater than 3.0 MMcf/d. Additionally, the Company's Ferrier compression project is ready for start up this week, eliminating high line pressure conditions, with the capacity to handle 18 MMcf/d. The strong infrastructure position Angle has created will allow ready access for volumes from future drilling in the Ferrier area.

In the Harmattan area, the Company has drilled five wells (4.4 net) to date in the third quarter, primarily targeting delineation of the Mannville sand play. The wells continue to show promising results, with a mixture of light oil and gas production. The scope of development in the sand will be determined following the completion of delineation drilling and incorporation of production history over the later part of 2008.

Angle is reviewing its 2008 budget guidance in light of the operational success that the Company has achieved, and will communicate 2008 fourth quarter and exit expectations to shareholders in the third quarter report.

About Angle

Angle Energy Inc. was founded in 2004 for the purposes of participating in oil and gas exploration, development and production in Canada. The Company's focus is on generating and developing its own prospects and on the acquisition of undeveloped lands directly or through farm-ins. At present, Angle has two principal producing properties, both located in west central Alberta and two emerging prospects also located in Alberta. Both emerging prospects are targeting large conventional gas plays.

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These securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "1933 Act") or any state securities laws. Accordingly, these securities may not be offered or sold within the United States or to U.S. persons (as such term is defined in Regulation S under the 1933 Act) in the absence of an exemption from the registration requirements of the 1933 Act and applicable state securities laws and this release does not constitute an offer to sell or a solicitation of an offer to buy any of these securities within the United States.