Alston Energy Inc. announces the filing of its Annual Financial Statements and Reserves Information for 2012

    




 TSX Venture Exchange Trading Symbol: ALO 

 CALGARY, Aug. 28, 2012 /CNW/ - Alston Energy Inc. ("Alston" or the "Company") is pleased to announce that it has filed its audited financial  statements and related management's discussion and analysis for the  year ended April 30, 2012 with the Canadian securities regulatory  authorities on SEDAR at www.sedar.com. 

 In addition, the Company has filed its statement of reserves data and  other oil and gas information for the year ended April 30, 2012 as  mandated by National Instrument 51-101 - Standards of Disclosure for Oil and Gas Activities ("NI 51-101") of the Canadian Securities Administrators. 

 Alston's reserves were evaluated as at April 30, 2012 by Sproule  Associates Ltd. ("Sproule"), an independent engineering firm. Sproule's evaluation was conducted  in accordance with standards set out in the Canadian Oil and Gas  Evaluation Handbook and is compliant with NI 51-101. 

 In addition, the Company has filed the unaudited interim financial  statements for CanRock Energy Corp. ("CanRock") for the three and six months ended June 30, 2012 on SEDAR. CanRock  was the reverse takeover acquirer of Alston under National Instrument  51-102 - Continuous Disclosure Obligations, pursuant to the recently completed plan of arrangement involving the  Company and CanRock, which was effective July 17, 2012. 

 About Alston Energy Inc.  

 Alston Energy Inc. is a publicly traded junior oil producer targeting  oil-based opportunities in Western Canada. The Company is focused on  strategic oil-based acquisitions within its core areas, in addition to  exploiting and exploring for incremental production and reserves. 

 Neither 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 press  release. 

Alston Energy Inc.


CONTACT:  Don Umbach,    President & CEOTelephone:   [phone] ext. 222Fax:   [phone]Email:    [e-mail] Taguchi,    Chief Financial OfficerTelephone:   [phone] ext. 228Fax:   [phone]Email:    [e-mail]:    www.alstonenergy.caORTroy Winsor, VP Business Development Telephone: [phone] Email: [e-mail] 


    

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