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ACX Acadian Energy

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Share Name Share Symbol Market Type
Acadian Energy TSXV:ACX TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Acadian Energy Inc. Announces Filing of Amended and Restated MD&A

01/12/2011 10:45pm

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Acadian Energy (TSXV:ACX)
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Acadian Energy Inc. (TSX VENTURE:ACX) (the "Corporation") announces that it has filed amended and restated management's discussion and analysis for the periods ended March 31, 2011 and June 30, 2011 (together, the "MD&A") to include additional disclosure required by applicable regulatory requirements, and is issuing this press release to clarify the Corporation's disclosure. The amended MD&A is available on SEDAR at www.sedar.com.

The amended MD&A now includes additional analysis of the Corporation's financial condition, results of operations and cash flow, a discussion of factors that have caused variations as between different financial quarters and a discussion of known trends or expected fluctuations in the Corporation's liquidity. A more comprehensive discussion of liquidity and capital resources of the Corporation is also provided.

The additional disclosure does not impact the unaudited interim condensed consolidated financial statements of the Corporation for the periods ended March 31, 2011 and June 30, 2011 that have been previously filed by the Corporation.

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.

The TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts: Acadian Energy Inc. John McDevitt Chairman and CEO 281-751-7720jmcdevitt@acadianenergy.comwww.acadianenergy.com

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