The X-Change Corporation To Acquire Oil Interest in 2000 Gross Acres in Leon County Texas.

DALLAS -- The X-Change Corporation (OTCBB: XCHC) a company designed to seek prudent investment opportunities in segments of the petroleum industry, announced its intent to complete the purchase of a lease containing 2,000 gross acres in Leon County, Texas. The X-Change Corporation and its subsidiaries plan to develop oil interests in the area, with oil in place estimated at 40 million barrels in the Woodbine sands alone. The company plans to complete the purchase, from Kentex Energy LLC, in the next 3 weeks.

Kentex Energy LLC owns more than 30,000 gross acres in the area of Leon County, Texas that contains the lease to be purchased by The X-Change Corporation. The company has successfully originated several well prospects in the area, which include a horizontal development project in the Hilltop (Austin Chalk) Field in southwest Leon County, Herring Field in the northeast, Centerville south (Woodbine W-1), as well as a 19,000-foot Bossier well, co-developed with Gastar Exploration Ltd. in southern Leon County.

The X-Change Corporation and its subsidiaries have agreed to drill two wells to test the Woodbine formation at approximately 7,000 feet within a 12 month period in this Proved Undeveloped field. The drilling risk/dry hole ratio is extremely low with 28 of 30 wells successfully completing in the immediate area. Kentex Energy will retain a working interest in the wells developed by The X-Change Corporation.

In other news, The X-Change Corporation has received the results back from testing of coal core samples the company brought back from Cambodia at the request of the Cambodian National Petroleum Authority (CNPA). The company will report its findings publicly after discussing the results with the governing members of the CNPA.

Additionally, The X-Change Corporation announces the return of Dean L. Elliott as company president. Elliott replaces Charles Stidham, who will remain Chairman and CEO of The X-Change Corporation.

Elliott holds a BA degree from the University of Texas and has over 25 years experience in the oil and gas industry. For the past 14 years, Elliott has acted as president of independent oil companies, Kolt Oil & Gas, Inc. and PRL Oil Company, Inc. His areas of expertise include seeking, securing, and overseeing exploration projects, producing oil and gas property acquisitions, raising capital, supervision of field operations and administrative staff and contract development.

Forward-Looking Statements

Except for historical information contained herein, the statements made in this release constitute forward-looking statements (including within the meaning of Section 27A of the United States Securities Act of 1933 and Section 21E of the United States Securities Exchange Act of 1934). Such forward-looking statements are based on current expectations that are subject to significant risks and uncertainties that are difficult to predict, including statements regarding the intent, belief, or current expectations of the X- Change Corporation. These forward-looking statements include, among other things, statements regarding future events and the future financial performance of the X-Change Corporation that involve risks and uncertainties. Readers are cautioned that these Forward-looking statements are only predictions and may differ materially from actual future events or results. Readers are referred to the documents filed by the X-Change Corporation, which are on file with the U.S. Securities and Exchange Commission and may be accessed at http://www.sec.gov or the X-Change Corporation's investor relations web page at http://www.x-changecorp.com, and specifically the most recent reports on Form 10-K and 10-Q, each as it may be amended from time to time, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The X-Change Corporation disclaims any obligation to update or correct any forward-looking statements made herein due to the occurrence of events after the issuance of this press release.