TYPHOON EXPLORATION INC.

TSX VENTURE: TYP

LAVAL, CANADA--(Marketwire - Oct. 26, 2009) - TYPHOON EXPLORATION INC. (TSX VENTURE:TYP) announces that, on October 21, 2009, the Board of Directors has approved a grant of 175,000 stock options, to its directors, employee and consultant, under the company's Stock Option Plan.

The exercise price has been established at $0.26 per share with an expiry date of October 21, 2019.

The common shares of Typhoon Exploration are listed on the Venture Stock Exchange under the symbol "TYP".

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.