TSX:NGL

CALGARY, Sept. 19 /CNW/ - Angle Energy Inc. ("Angle") announced today that it has filed a Notice of Intention to Make a Normal Course Issuer Bid (the "Notice") with The Toronto Stock Exchange (the "TSX") and that the TSX has accepted the Notice. Under the bid, Angle will have the right to purchase for cancellation, commencing September 24, 2008, 1,941,000 of its common shares representing approximately 5% of its outstanding common shares over the following twelve months through the facilities of the TSX. Angle currently has 38,834,074 common shares outstanding, and the average trading volume for the months of July and August was 170,488.

The normal course issuer bid will remain in effect until the earlier of September 23, 2009, or until Angle has purchased the maximum number of shares permitted under the bid.

Management and the directors of Angle believe that common shares may become available during the proposed purchase period at prices which make them an attractive investment for Angle.

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 projects are targeting large conventional gas plays.

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