American Community Development, Inc.

American Community Development, Inc.

May 31, 2011 12:08 ET

American Community Development, Inc., Announces the Appointment of President

LAS VEGAS, NEVADA--(Marketwire - May 31, 2011) - American Community Development, Inc. (PINK SHEETS:ACDP) announces the appointment of President.

Bruce A. Thomson, B.A.Sc. has been appointed President, CEO, and Director of ACDP. Mr. Thomson is the President & CEO of High Energy Resources Inc. – the Farmor of the Sofia Oil & Gas Exploration Project. ACDP considers itself privileged to have recruited Mr. Thomson to lead ACDP. Additional members of his experienced management group will be announced shortly, enhancing ACDP's management team.

Management Comment: "ACDP considers itself fortunate to have the opportunity to participate in such a large scale oil and gas play resident onshore in the USA. The combination of continued restrictions on offshore drilling, turmoil in the far east, and surging oil prices (recently over $100 per barrel), all of which affects demand – supply balance; makes this an attractive and timely business opportunity to fast track shareholder value."

About American Community Development, Inc.:

ACDP is an emerging domestic oil and gas company, and will be focused on exploiting oil and gas reserves onshore within the USA. ACDP is in the process of assembling a seasoned team of managers and technical professionals in the areas of geology, geophysics, engineering, and legal. ACDP is positioning itself for aggressive asset growth and shareholder value enhancement.

This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended; such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The Company may experience significant fluctuations in operating results due to a number of economic, competitive and other factors. These factors could cause operations to vary significantly from those in prior periods, and those projected in forward-looking statements. Information with respect to these factors, which could materially affect the Company and its operations, are included on certain forms the Company files with the Securities and Exchange Commission.

Contact Information

  • American Community Development, Inc.
    Edwin Mah