Adino Energy Corporation Files Annual Report on Form 10-K for the Year Ended December 31, 2011
April 17 2012 - 2:00PM
Marketwired
Adino Energy Corporation (OTCQB: ADNY), (OTCBB: ADNY), an emerging
oil and gas exploration and production company (E&P)
concentrated on the Permian Basin in West Texas, has filed its
Annual Report on Form 10-K for the year ended December 31, 2011
with the United States Securities and Exchange Commission (SEC).
The Company believes that its focused efforts in exploration and
production during 2011 were very successful. "We are pleased with
our year-end results," said Timothy G. Byrd, CEO of Adino Energy
Corporation. "Looking ahead, we expect the continued execution of
our strategy to produce visible, substantial and growing cash flow.
We plan to continue the path of lease acquisition and development
resulting in increased production and reserve interests in 2012 and
beyond."
Detailed financial data and other information including the
Company's Annual Report on Form 10-K for the annual period ended
December 31, 2011, filed on April 16, 2012 with the SEC can be
found in the Investor Relations section of the Adino Energy website
at www.adinoenergycorp.com or on the SEC website at
www.sec.gov.
About Adino Energy Corporation Adino
Energy Corporation (OTCBB: ADNY) is an emerging oil and gas
exploration and production (E&P) company focused on oily assets
with significant development, work-over and enhanced oil recovery
(EOR) potential concentrated on the Permian Basin in West
Texas.
Forward-Looking Statements Statements made
in this news release relating to Adino's future production,
expenses and future capital projects and expenditures, and all
other statements except statements of historical fact, are
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934. These statements are based on assumptions and
estimates that management believes are reasonable based on
currently available information; however, management's assumptions
and the Company's future performance are both subject to a wide
range of business risks and uncertainties and there is no assurance
that these goals and projections can or will be met. Any number of
factors could cause actual results to differ materially from those
in the forward-looking statements. Further information on risks and
uncertainties that may affect the Company's operations and
financial performance, and the forward-looking statements made
herein, is available in the Company's filings with the Securities
and Exchange Commission, which are incorporated by reference as
though fully set forth herein.
Investor Relations Narath Khieu Adino Energy Corporation
2500 CityWest, Suite 300 Houston, TX 77042 (281) 209-9800
ir@adinoenergy.com http://adinoenergycorp.com/
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