Hudson Lists on Frankfurt Stock Exchange

TORONTO, July 27, 2011 /PRNewswire/ - Hudson Oil Corporation Ltd. (H8D: FSE) today announced that it has listed its common shares on the Frankfurt Stock Exchange, under the ticker symbol H8D, effective July 26, 2011.

Hudson is a Canadian company focused on the acquisition of under-valued energy assets and the execution of business strategies to maximize their value. Efforts are presently directed at downstream energy opportunities in Eastern Europe. Currently, the Company's principal asset is the Glimar refinery complex in southern Poland, which is equipped with unique and industry-leading technology.

The Glimar refinery complex (Gorlice, Poland) is equipped with 'all hydro-processing' technology licensed from Chevron Lummus Global and installed by Lurgi GmbH. These isocracking, isodewaxing and hydrofinishing units were installed in 2000. In addition, the refinery has zeoforming technology licensed from Novosibirsk Scientific-Engineering ZEOSIT Centre and installed in 1997. These technologies enable production of high quality lubricant base oils and high-octane, lead-free gasolines.

Hudson is in the process of developing and executing its restart plan for the Glimar complex, which it anticipates completing in the next 10 months. "This is an exciting day for Hudson and for the Polish energy sector. We look forward to restarting production using the leading edge technology at the Glimar complex," said Stefan Garus, President and Chief Executive Officer of Hudson.

Forward-looking statements:

Some of the statements contained in this release are forward-looking statements, such as statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties.

While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect the Company's current judgment regarding the direction of the Company's business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggestions herein. Except as required by applicable law, Hudson Oil Corporation Ltd. does not intend to update any forward-looking statements to conform these statements to actual results.

SOURCE Hudson Oil Corporation Ltd.