ACX Acadian Energy

Acadian Energy Inc. (TSX VENTURE:ACX) - (the "Corporation") announced today that
a temporary cease trade order was issued by the Ontario Securities Commission on
August 4, 2011 due to the fact that the Corporation failed to file the audited
financial statements of Acadian Energy Holdings Inc. ("AEHI"), a wholly owned
subsidiary of the Corporation, for the year ended December 31, 2010 and
unaudited interim financial statements of the Corporation for three month period
ended March 31, 2011, accompanying management's discussion and analysis, annual
information form and related CEO and CFO certifications, as required by Ontario
securities law (the "Required Filings"). The delay in filing the Required
Filings is a result of the Corporation's recent qualifying transaction (the
"Qualifying Transaction") with AEHI completed on March 16, 2011. The Qualifying
Transaction was structured as a reverse takeover and as a result the year end of
the Corporation should have been changed to December 31, being the year end for
AEHI, in accordance with Section 4.10 of National Instrument 51-102. 


Pursuant to the order, all trading in the securities of the Corporation, whether
direct or indirect, shall cease. The Corporation intends to prepare and file the
Required Filings on or before August 19, 2011 so that the order will lapse. If
the Required Filings are made after August 19, 2011, an application must be made
to revoke the order. Trading in the securities of the Corporation will resume
once the order lapses or is revoked. 


The Corporation is not subject to any insolvency proceedings at the present
time. The Corporation confirms that there is no other material information
relating to its affairs that has not been generally disclosed. 


Neither TSX Venture Exchange Inc. nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange Inc.) accepts
responsibility for the adequacy or accuracy of this release. 


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 Company continues to expand the existing NI 51-101 compliant
primary Gas Reserve value of US$32.4 million, (31/03/10) based on its existing
15,100 gross acres under lease. Not included in its reserve is any value from a
Farmout Agreement for the exploration and development of 10,000 of those acres
for shallow and limestone reef oil. Acadian has 6,044,905 shares basic
outstanding, (8,309,518 fully diluted) and trades on the TSX Venture Exchange
under the symbol ACX.


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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