Due to outstanding payment by Venatino, Aladdin Oil & Gas Company ASA (AOGC), is in need of capital to secure their operations. The Board of AOGC has therefore called for Extraordinary Shareholders meeting in Grand Hotel 25th. August 2009 to present a solution to this matter.

For more information refer to “Innkalling til Ekstraordinær Generalforsamling” on the company’s website, www.araca.no

Further information can be acquired by:
Managing Director, Pål Nedrelid (+47 906 08 168)

Aladdin Oil & Gas Company ASA is a Norwegian based exploration and production company, head quartered in Oslo, with its shares traded on the OTC list under the ticker code AOGC. The company owns the Russian oil company OOO Geotechnologia which holds two licenses in the Timan-Pechora province in Northwest Russia, as well as 6 licenses through our companies ZAO Orneftegaz and OOO Veselovskoye in the Orenburg area.