SOURCE: Cambrian Systems

January 18, 2012 10:13 ET

Cambrian Announces Corporate Update

LEXINGTON, KY--(Marketwire - Jan 18, 2012) - Cambrian Systems (PINKSHEETS: CAMS) - It is our pleasure to provide you with an update regarding our Company's activity since the last update in September. We have great pleasure in announcing the very good progress we are making in Kentucky.

As we stand today, Cambrian Systems is predominantly an independent oil and gas company with a primary focus on acquiring, developing and participating in crude oil and natural gas properties. The past four months have been highly productive for Cambrian. We now have acquired just over 500 acres of oil leases. Significant revenue opportunities exist through the development of the existing wells and the reactivation of the shut-in wells.

Currently, our operator has been carrying out appraisal and development studies. The principal objective of the 2012 work program is to assess and plan for the commercialization of our prospective resources and to explore ways to exploit these Wells with an early production scheme to generate early cash flows. The Company constantly reviews investment opportunities that will increase our exploration and production asset portfolio and will target value accretive acquisitions which may require additional funding in the future.

We are also proud to announce that within the next two weeks we expect to fully equip and put one well into production on our 250 acre King lease in Green County, Kentucky.

Over the ensuing weeks we'll be closely monitoring and working to maximize production from this well. Assuming we achieve commercially viable production amounts, we'll use the same production-enhancing techniques employed on this well as a blueprint as we move forward with equipping and getting production from other wells on our block of leases in Green County.

Look for our new and improved website to be up and running in the very near future.

Thank you for taking the time to read this and we look forward to providing more regular updates regarding the progress of our company.

About Us:

Cambrian is an independent oil and gas company with a primary focus on acquiring, developing and participating in the U.S. crude oil and natural gas properties.

Safe Harbor:

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Cambrian Systems, Corp., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

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