Cirrus Energy Corporation Announces Netherlands Operational Update

CALGARY, Sept. 22 /CNW/ -- CALGARY, Sept. 22 /CNW/ - Cirrus Energy Corporation (TSXV: CYR) has been advised by its wholly owned subsidiary, Cirrus Energy Nederland B.V. ("Cirrus") that production from the M07-A field in The Netherlands has been shut-in since September 9, 2010 due to unplanned repairs at the third party L09-FF processing platform. The operator of the L09-FF processing platform initially advised that the process interruption was expected to be short term however has now advised Cirrus that the shutdown is expected to be prolonged as further investigation and repair of the process equipment is undertaken.
Further information will be released as it becomes available. August 2010 gross production from the M07-A field averaged 30.5 MMscf/d (Cirrus net 13.0 MMscf/d).

Cirrus Energy Corporation is an international oil and gas company headquartered in Calgary and has approximately 92.0 million fully diluted common shares outstanding. Additional information about Cirrus and its business activities is available at www.cirrusenergy.ca and www.sedar.com.

Forward-Looking Statements

This press release may include forward-looking statements including opinions, assumptions, estimates and expectations of future production, cash flow and earnings. When used in this document, the words "anticipate", "believe", "estimate", "expect", "intent", "may", "project", "plan", "should" and similar expressions are intended to be among the statements that identify forward-looking statements. Forward-looking statements are subject to a wide range of risks and uncertainties, and although the Company believes that the expectations represented by such forward-looking statements are reasonable there can be no assurance that such expectations will be realized. Any number of important factors could cause actual results to differ materially from those in the forward-looking statements including, but not limited to, the volatility of oil and gas prices, the ability to implement corporate strategies, the state of domestic capital markets, the ability to obtain financing, changes in oil and gas acquisition and drilling programs, operating risks, production rates, reserve estimates, changes in general economic conditions and other factors more fully described from time to time in the reports and filings made by Cirrus with securities regulatory authorities.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

%SEDAR: 00021839E



David Taylor, President and Chief Executive Officer, John Bell, Vice President Finance and Chief Financial Officer, Cirrus Energy Corporation, Suite 208, 5 Richard Way, S.W. Calgary, Alberta, T3E 7M8, Canada, Website: www.cirrusenergy.ca, Telephone: [phone], Facsimile: [phone]

Copyright