Acadian Energy Files Audited Financial Statements for Year End 2010, and Unaudited Financial Statements for Quarter 1, and Qu...

Acadian Energy Inc. (TSX VENTURE:ACX) -- (the "Corporation") today announced the
filing of financial statements for the following periods and the intention to
file applications with the OSC and TSX Venture Exchange to rescind the cease
trade order and suspension from trading imposed due to the non-filing of these
statements. The Company filed audited statements for the year ended December 31,
2010 for the prior company called Acadian Energy Holdings Inc., and unaudited
financial statements for the interim 3 and 6 month periods ending March 31, 2011
and June 30, 2011 for Acadian Energy Inc.


These results have been filed in IFRS with the year over year comparisons also
in IFRS.


The delay in the filings resulted from the Qualifying Transaction the Company
undertook between the previous public company York Ridge Lifetech Inc., and
Acadian Energy Holdings Inc., on March 16, 2011. At that time, the Company had
filed documents intending to use York Ridge's year end of August 30, 2011, but
was subsequently informed that because the QT was considered a reverse takeover,
the December 31, 2010 year end of Acadian Energy Holdings Inc. was required to
be used. Management has spent the recent time to conduct the audit (prior to the
period initially planned for), and the IFRS statements, and year earlier
comparisons, for the new periods.


The Company is now on schedule to subsequently file its September 30, 2011
quarter end well before the end of November. 


The filings and appropriate Management Discussion and Analysis are available on
www. sedar.com. 


Additional Company information is also obtainable on the Company's newly
designed web site www.acadianenergy.com


About Acadian:

Acadian is a junior exploration and production company which is focused on the
exploration and development of New Albany shale oil and natural gas in the
Illinois Basin. The Company continues exploration development of the oil
potential of the New Albany Shale. Acadian trades on the TSX Venture Exchange
under the symbol ACX.


This communication to shareholders and the public contains certain
forward-looking statements. Actual results may differ materially from those
indicated by such statements. All statements, other than statements of
historical fact, included herein, including, without limitations statements
regarding future production, are forward-looking statements that involve various
risks and uncertainties. There can be no assurance that such statements will
prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements.