LNG Energy Ltd.
TSX VENTURE : LNG

LNG Energy Ltd.

January 28, 2011 21:23 ET

LNG Energy Files Year End Financial Statements and NI 51-101

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 28, 2011) -

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

LNG Energy Ltd. ("LNG") (TSX VENTURE:LNG) announces that it has filed its audited financial statements for the year ended September 30, 2010, the accompanying Management Discussion and Analysis and the Company's Statement of Reserves Data and Other Oil and Gas Information in accordance with National Instrument 51-101 (51-101F1, 51-101F2 and 51-101F3) with Canadian securities regulatory authorities. Copies of these filings may be obtained under LNG's SEDAR profile at www.sedar.com or on the Company's website at www.lngenergyltd.com.

LNG is a Canadian exploration and development company focused on developing oil and gas reserves in Papua New Guinea, Poland and the US. LNG holds a 100% interest in approximately 5.5 million acres of prospective oil and gas properties in Papua New Guinea. LNG also has a 20% net interest in approximately 734,000 gross acres of a shale gas exploration project in Poland together with BNK Petroleum Inc., Sorgenia E&P S.p.A., and Rohol-Aufsuchungs Aktiengesellschaft, and a 100% net interest in BWB Exploration, LLC ("BWB"), which holds approximately 2,235 acres of oil and gas leases in Carter County, Oklahoma and an estimated 21,412 acres of leases in the Black Warrior Basin of Mississippi and Alabama. LNG shares trade on the TSX Venture Exchange under the symbol "LNG".

LNG ENERGY LTD.

Dave Afseth, President & CEO

This news release may contain forward-looking statements based on assumptions and judgments of management of LNG regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. LNG disclaims any intention or obligation to revise or update such statements except as may be required by law.

Shares Outstanding: 257,694,365

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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