American Community Development, Inc.

American Community Development, Inc.

February 15, 2012 13:33 ET

American Community Development, Inc. Begins Reviewing a Development Drilling Joint Venture Opportunity in an Existing Oil Pool Located in Ontario, Canada

LAS VEGAS, NEVADA--(Marketwire - Feb. 15, 2012) - American Community Development, Inc. (PINKSHEETS:ACDP) begins reviewing a development drilling joint venture opportunity in an existing oil pool located in Ontario, Canada. The oil pool discovery dates back to the early 1900's and it is felt that a significant number of low risk infill development drilling locations exist with multiple zones.

About American Community Development, Inc.:

ACDP is an emerging oil and gas company, focusing its exploration and development activity on oil and gas reserves onshore within the USA and Canada. ACDP has assembled 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.
    Bruce A. Thomson, B.A.Sc.
    President & CEO