SOURCE: Adino Energy Corporation

Adino Energy Corporation

April 17, 2012 14:00 ET

Adino Energy Corporation Files Annual Report on Form 10-K for the Year Ended December 31, 2011

HOUSTON, TX--(Marketwire - Apr 17, 2012) - 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.

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