The extraction and recovery of value-added chemical compounds, such as phenolic compounds present in bio-oil has been a vital subject of study recently. In this work, the extraction of bio-oil using supercritical carbon dioxide (sc-CO2) with particular interest in apparent solubility of phenol (a major chemical compound in pyrolysis oil) was evaluated at various temperatures (50, 60 and 70 degrees C) and pressures (30, 35 and 40 MPa). Highest extraction yield of bio-oil was obtained at 70 degrees C and 40 MPa. The phenol content in the extracted bio-oils were also studied and reported. As a preliminary study, the apparent solubility data of phenol in sc-CO2 was successfully modeled using the values from the correlation of Chrastil, Adachi & Lu and Bartle models. The model parameters for these equations were determined and reported in this work. It was found that Chrastil, Adachi & Lu and Bartle models produced satisfactory correlations on the solubility of phenol in sc-CO2, with AARD values of 1.51%, 6.52% and 1.85%, respectively.