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Morecambe manager Jim Bentley expressed his delight that Jack Redshaw has decided to remain at the Globe Arena.
Morecambe have handed teenage defender Will Bell a one-year professional deal and loaned him to Welsh Premier League side Bala.
Jim Bentley admitted Morecambe rode their luck as they clinched a third successive League Two win by beating Oxford 1-0.
Kevin Ellison's fourth goal of the season secured Morecambe victory as they defeated Oxford 1-0 to stay top of League Two.
Morecambe remain top of League Two after they pulled off a stunning second-half comeback to beat Newport 3-2.