Maple Leaf 2011 Energy Income Limited Partnership (the "Partnership") is pleased to announce that the Partnership has fully invested all available funds of $16,189,714 into 12 joint ventures located in North Central Alberta. Within this 12 well horizontal drilling program, 11 of the wells are targeting light oil in the Cardium formation and one well is targeting liquids rich gas in the Notikewin formation.

To date, 10 wells in the program have been successfully drilled and 9 of those 10 drilled wells are tied-in and are currently meeting production expectations. It is expected that the balance of the wells in the program will be finalized by month-end and tied-in after spring breakup.

Distributions to limited partners commenced in January 2012 starting a $0.50 per unit and increased to $1.12 per unit in February 2012.

The Partnership's joint venture partner is Bellatrix Exploration Ltd. (www.bellatrixexploration.com). Bellatrix is an intermediate exploration and production company based in Calgary, Alberta and is traded on the Toronto Stock Exchange under the symbol BXE.

This press release contains forward-looking information within the meaning of Canadian securities laws. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that the Partnership expects or anticipates will or may occur in the future, including such things as, the commencement of expected revenues, future cash distributions, the plan for the Second Program, the investment of the Partnership's remaining available funds, and other such matters is forward-looking information. When used in this press release, the words "indicate," "expect," "intend," "hopes," "believe," "may," "will," "if," "anticipate," and similar expressions are intended to identify forward-looking information. These statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Partnership to be materially different from any future results, performance or achievements expressed or implied by such statements. Such factors include, among others, uncertainties including that the Partnership may not hold or discover commercial quantities of resources and will be subject to fluctuations in commodity prices, exchange rates, and regulatory and policy risk; fees and expenses payable by the Partnership may decrease the assets available for investment by the Partnership; there can be no assurance that oil and gas companies will honor their obligations under investment agreements; there may be defects in title to or other ownership disputes with respect to properties subject to investments; oil and natural gas production and exploration are high risk activities; the Partnership competes with other entities in the oil and gas industry, many of whom are larger, which may decrease the investment opportunities available to the Partnership; there can be no assurance that expectations based on past experience will be indicative of future results; as well as those factors discussed under the headings "Cautionary Statement Regarding Forward Looking Information" and "Risk Factors" in the Partnership's prospectus dated August 16, 2011 and other documents filed with Canadian securities regulatory authorities. Although the Partnership has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Except as required by law, the Partnership assumes no obligation to publicly update any forward-looking information; whether as a result of new information, future events or otherwise.

Contacts: Maple Leaf 2011 Energy Income Limited Partnership Shane Doyle President 604.684.5750 or Toll Free: 866.688.5750 604.684.5748 (FAX)info@cadobancorp.ca www.mapleleaffunds.ca