JED Oil Receives Extension On Note Redemption

JED Oil Inc. has received another extension of the redemption date of its $40.24 million principal amount of 10% Senior Subordinated Convertible Notes, from March 20 to March 24, 2008. The purpose of the latest extension is to finalize terms with the holders of the Notes for a longer extension for the completion of financing and repayment of the Notes.

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