Receives funds from payout adjustment in Ricinus area
Office relocation effective July 1st

CALGARY, June 22 /CNW/ - EMM Energy Inc. "EMM" (TSX VENTURE:M) acquired an additional 63% working interest in its Lomond, Alberta core area producing 80 boepd to EMM. The company now has 100% working interest in all the lands and wells it currently operates in Lomond. EMM will continue to pursue additional development opportunities in the Lomond area.

In addition EMM received $1.75 million for the Ricinus well as the payout date was adjusted from October 2008 to June 2008 when EMM converted to a 20% working interest.

The Company is currently producing approximately 350 boe/d and has a positive cash balance. EMM is actively pursuing acquisition and development opportunities.

The Company will be relocating offices July 1st, to the address below.

EMM Energy Inc.
510, 304 - 8th Avenue S.W.
Calgary, Alberta
T2P 1C2
Phone 1-403-213-3339
Fax 1-403-699-9670

EMM is a junior oil and gas company operating in Alberta and trades on the TSX Venture Exchange under the symbol "M".

Additional information and EMM financial statements are available on SEDAR at www.sedar.com

The TSX Venture Exchange has neither approved nor disapproved of the
information contained herein.

This press release may include forward-looking statements which are statements other than of historical fact, such as information regarding drilling potential and production forecasts. Factors that could cause actual results to differ materially from our expectations include exploration and development risks, commodity prices and operating hazards. A barrel of oil equivalent (boe), derived by converting gas to oil in the ratio of six thousand cubic feet of gas to one barrel of oil, may be misleading, particularly if used in isolation. A boe conversion is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead.

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