ORYXE Energy International Welcomes Three New Team Members From Fluor, Gulf Oil, and Gibson, Dunn & Crutcher
New Executives Include Vice President and General Counsel Tucker Fitzpatrick, Senior Chemical Engineer Janet M. Van Peursem and Marketing Communications Manager Kristen M. Reilly

Irvine , Calif. – January 5, 2005 – ORYXE Energy International announced today that Tucker Fitzpatrick, Janet M. Van Peursem and Kristen M. Reilly have joined the progressive energy technology company.

ORYXE Energy develops and markets proprietary, organic fuel additives for diesel, gasoline and heavy distillates to enable these fuels to burn cleaner, thus reducing toxic environmental emissions. The Company was named recently to Red Herring’s prestigious list of the 100 Top Innovators of 2004.

“We are excited to have so many talented people join our growing team,” said ORYXE Energy Chairman of the Board and Chief Executive Officer Walter Schindler. “With their impressive backgrounds and expertise in the energy field, they will contribute a great deal to the ongoing development of ORYXE Energy’s products.”

Tucker Fitzpatrick has joined the company as General Counsel. Fitzpatrick is experienced in corporate and commercial law, including venture financing.  He has previously practiced with major international law firms, including Gibson, Dunn & Crutcher LLP, and clerked at the Supreme Court of Delaware.  Fitzpatrick earned his Bachelor of Arts, Master of Arts and Juris Doctorate from Duke University.

As ORYXE Energy’s new Senior Chemical Engineer, Janet M. Van Peursem will oversee the commercialization of ORYXE Energy additive products.

Van Peursem, a graduate of California State Polytechnic University in Pomona, has 10 years of experience in the petrochemical and refinery industry. She served as a process engineer for Fluor Daniel Corp. in Irvine, Calif., where she was the lead engineer on various projects including both front-end and detailed engineering. Prior to working for Fluor Daniel Corp., Van Peursem was a senior process engineer at S & B Engineers & Constructors in Houston, where she worked on fueling facilities and refinery plant expansion.

Kristen M. Reilly, has been named Marketing Communications Manager, and will oversee the company’s marketing and communications efforts.

Prior to joining ORYXE Energy, Reilly was the Exxon brand manager for Gulf Oil LP. She oversaw the marketing operations of Exxon branded gasoline stations in the Northeast., and developed marketing programs and promotions to enhance dealer and distributor business. Previously, Reilly worked in retail and wholesale operations on the East Coast for ConocoPhillips, Tosco Marketing Company and Mobil Oil Corp. Reilly holds a Bachelor of Arts in Journalism, Public Relations from the University of Georgia.

The new executives are joining ORYXE Energy at a significant time in the company’s development. Recently, the Company’s first product to market, ORYXE LED, became the first and only splash-blended diesel additive to win approval by the Texas Commission on Environmental Quality (TCEQ) to produce a qualifying fuel that meets Texas Low Emission Diesel requirements.

The approval of the ORYXE Energy additive marks the first time the TCEQ, which sets environmental standards for fuels sold in the state of Texas, has allowed both refiners and fuel producers the flexibility of meeting regulatory standards by blending an additive at either distribution locations or at refineries. No other diesel fuel additive has won the TCEQ’s approval.

The agency’s decision to allow ORYXE Energy to distribute its product for use in Texas will help alleviate supply concerns when new regulatory mandates for diesel fuel are enforced beginning October 1, 2005. These new mandates require on-road and off-road diesel to meet strict environmental guidelines for emissions reductions. Many refinery industry experts have questioned the ability of fuel producers to meet the market demand under the new regulations, especially because other methods would require enormous capital investment. However, with ORYXE Energy’s solution, ORYXE LED can be splash-blended with standard federal diesel at the terminal or refinery, with minimal hardware expense.

ORYXE LED’s approval by the TCEQ followed a rigorous engine testing protocol performed at the West Virginia University National Research Center for Alternative Fuels, Engines, and Emissions laboratory, recognized by the Environmental Protection Agency and certified by the California Air Resources Board. The tests were conducted under strict federal testing guidelines and procedures.

The tests showed that ORYXE LED demonstrated a greater than 5.7 percent reduction in Oxides of Nitrogen (NOx), greater than 20 percent reduction in Total Hydrocarbons ( THC), the main contributors to smog formation and approximately 10 percent reduction in Carbon Monoxide (CO), a poisonous gas, all major concerns for Texas air quality stewards.

About ORYXE Energy

ORYXE Energy International, Inc., (www.oryxe-energy.com) based in Irvine, Calif., develops, certifies, and distributes organic additives that improve fuel performance and reduce toxic emissions from the combustion of hydrocarbons, such as diesel fuel and gasoline. ORYXE Energy’s first product to market, the diesel additive ORYXE LED, is the first and only splash-blended diesel additive to win approval by the Texas Commission on Environmental Quality (TCEQ) to produce a qualifying fuel that meets Texas Low Emission Diesel requirements. Founded in 2001, ORYXE Energy was named to the prestigious Red Herring list of 100 Top Innovators of 2004.

Odyssey Venture Partners (www.odysseyventure.com) is the lead venture capital investor in ORYXE Energy.

Forward-Looking Statements

 Estimates, expectations, and business plans are forward-looking statements. Actual future results, including product introduction schedules, market receptiveness, regulatory approvals, and commercial viability, could differ materially due to changes in conditions affecting the industry, political, legal or regulatory developments, and market conditions.