ACX Acadian Energy

Acadian Energy Inc. (TSX VENTURE:ACX) -- (the "Corporation") is planning a 2012
New Albany Shale Oil drilling program. Acadian Energy has worked diligently to
quantify the shale oil potential of our leases in the Maria Creek Project.
Working with Fekete Associates of Calgary to complete a Greenfield Shale Oil
Simulation, multiple well scenarios were modeled. Sensitivity analyses were
performed to determine their impact on the estimated ultimate oil recovery
(EUR); porosity, water saturation, vertical and horizontal permeability and
reservoir pressure. Geochemical data from existing core log data suggests that 6
horizontal multi-frac stimulated wells could recover up to 1,000 Mbbl and a
minor amount of natural gas. 


Maria Creek Project, Sullivan County, Indiana

Acadian plans to drill six cores in the Maria Creek Project area of Sullivan
County, Indiana, and test all potential zones as part of the oil exploration
confirmation. Acadian's Maria Creek Project has 1,238 net acres held by gas
production with possible oil reserves of 1 million bbls of oil.


It is estimated that net well costs will range between $2.5 million and $4
million per well with cost variability dependent on the intensity of the frac.
Anticipated returns have been projected using Fekete Associates Greenfield
Simulation and current oil prices to arrive at a projected I.R.R. of 300 % with
payout in 0.59 years or an I.R.R. of 78 % with payout in 1.26 years
respectively. Acadian plans to have a drilling participant package early summer
2012.


Additional information is also obtainable on the Corporation's 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 Corporation continues exploration development of the oil
potential of the New Albany Shale. Acadian trades on the TSX Venture Exchange
under the symbol ACX.


Forward Looking Statements:

This news release contains certain statements that constitute forward-looking
statements as they relate to the Company and its management. Forward-looking
statements are not historical facts but represent management's current
expectations of future events, and can be identified by words such as "believe",
"expects", "will", "intends", "plans", "projects", "anticipates", "estimates",
"continues", and similar expressions. Although management believes that
expectations represented in such forward-looking statements are reasonable,
there can be no assurance that they will prove to be correct.


By their very nature, forward-looking statements include assumptions and are
subject to inherent risks and uncertainties that could cause actual future
results, conditions, actions or events to differ materially from those in the
forward-looking statements. If and when forward-looking statements are set out
in this news release, Acadian will also set out the material risk factors or
assumptions used to develop the forward-looking statements. Except as expressly
required by applicable securities laws, the Company assumes no obligation to
update or revise any forward-looking statements. The future outcomes that relate
to forward-looking statements may be influenced by many factors, including, but
not limited to: results of ongoing testing and development; regulatory approvals
required to complete development; ability to produce at quality and scale;
competition; liability; intellectual property; reliance on key personnel; risks
of future legal proceedings; income tax matters; availability and terms of
financing; distribution of securities; effect of market interest rates on price
of securities, and potential dilution.


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.

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