Blue Parrot Energy Inc.
TSX VENTURE : BPA

Blue Parrot Energy Inc.

July 08, 2008 14:34 ET

Blue Parrot Reposts Financial Statements

CALGARY, ALBERTA--(Marketwire - July 8, 2008) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

Blue Parrot Energy Inc. (TSX VENTURE:BPA) (the "Company") has reposted its fiscal 2007 yearend and first quarter 2008 financial statements due to changes in the subsequent event notes to the financial statements. These discrepancies relate only to the interim financial statements and, as such, have no impact on the 2007 yearend consolidated financial statements. The restatements have no cash impact during the period. Blue Parrot is also reposting the second quarter 2008 management discussion and analysis as an incorrect version was filed to SEDAR.

Blue Parrot Energy Inc. is an oil and natural gas exploration, development and production company based in Calgary, Alberta.

Advisory: This news release may contain statements about future events that are forward looking in nature and, as a result, are subject to certain risks and uncertainties such as changes in plans or the occurrence of unexpected events. Actual results may differ from the estimates provided by management.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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