Warrior Energy N.V. Announces US$2,000,000 Loan to XXL Energy Corp.

Warrior Energy N.V. ("Warrior") (TSX VENTURE:WEN) and XXL Energy Corp. ("XXL")
(TSX VENTURE:XL) and its wholly-owned subsidiary Exxel Energy (USA) Inc.
("Exxel") announce that Warrior has agreed to acquire, from an arm's length
third party for US$2,000,000, the debt and mortgage security owed by Exxel to
the third party. The debt was incurred by Exxel pursuant to the Purchase and
Sale Agreement dated May 1, 2007 under which Exxel purchased approximately
128,000 gross (40,800 net) acres in the Green River Basin of Wyoming and the
Williston Basin of North Dakota. To the date of closing Exxel will have paid
approximately US$6,350,000 of the US$8,350,000 original purchase price. The
remainder is secured by the mortgage being acquired by Warrior.


Warrior is funding the transaction from cash on hand. The transaction is
expected to close November 24, 2008.


The effect of the transaction is that Warrior is lending US$2,000,000 to Exxel
for approximately six months. The loan is due May 29, 2008 and XXL is to repay
Warrior a total of US$2,500,000 at that time. No shares or other securities are
being issued. Warrior, XXL and Exxel are related parties in that they have a
director in common and more than one common substantial shareholder.


The loan transaction is subject to TSX Venture Exchange approval.

About Warrior and about XXL

Warrior and XXL are both emerging junior oil and gas exploration and production
companies primarily focused on identifying and exploiting large-scale natural
gas opportunities.