Blacksteel Energy Inc. Announces Change in Effective Date for Reinstatement of Trading

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Blacksteel Energy Inc. (TSX VENTURE:BEY) ("Blacksteel" or the "Corporation")
announces a revised effective date for the reinstatement of trading. 


Further to a press release of earlier today, the Corporation confirms that an
error was made with respect to the effective date for the reinstatement of
trading. The Corporation's shares will be reinstated to trade at the open of
trading on Thursday September 22, 2011 not September 21, 2011 as was previously
announced. 


Blacksteel is a junior oil and gas company involved in the exploration,
exploitation, development and production of petroleum and natural gas resources
in Alberta. The Corporation has a 100% working interest in 22 sections of Crown
oil sands leases in the Peace River area of northern Alberta, a working interest
in a natural gas producing property in the Grassland area of Alberta, a working
interest in a producing oil well in the Devon area of central Alberta and a 100%
working interest in a four section petroleum and natural gas lease in the Del
Bonita Area of Southern Alberta.