ELE Elemental Altus Royalties Corp

Excelsior Energy Limited (TSX VENTURE:ELE)("Excelsior" or the "Company")
announces that it has filed its financial statements and management's discussion
and analysis for the year ended December 31, 2007. The Company has also filed
its reports regarding its reserve data and other oil and natural gas information
as mandated by National Instrument 51-101. The above referenced documents are
available for viewing on SEDAR at www.sedar.com.


About Excelsior Energy

Excelsior is active in oil sands exploration and appraisal in the Hangingstone
and West Surmont areas near Fort McMurray, Alberta and will hold a 75% working
interest in 58 contiguous sections on completion of its farm-in obligations. The
Company also indirectly holds a 100% working interest in Blocks 16/1a and 16/6c
in the UK North Sea and a minor interest in gas production in Alberta.
Excelsior's strategy is to capture oil and gas appraisal and development
opportunities where we can leverage Management's diverse international
experience and field development expertise. This includes heavy oil reservoir
engineering and development of complex fields.

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