NAL Energy Corporation
TSX : NAE

NAL Energy Corporation

January 13, 2011 10:12 ET

NAL Energy Corporation Announces January Dividend

CALGARY, ALBERTA--(Marketwire - Jan. 13, 2011) - NAL Energy Corporation ("NAL" or the "Corporation") (TSX:NAE) announces that its Board of Directors has declared a monthly dividend of $0.07 per common share payable on February 15, 2011, to shareholders of record on January 24, 2011. The shares will begin trading on an ex-dividend basis on January 20, 2011.

The current monthly dividend totals $0.84 per common share on an annualized basis and represents a 6.5% cash-on-cash yield based on the January 12, 2011 closing share price of $13.02.

NAL's Board of Directors sets the dividend level taking into consideration commodity prices, forecast cash flow of the Corporation, financial market conditions, availability of financing, internal capital investment opportunities and taxability.

ABOUT NAL

NAL Energy Corporation provides a total return to its investors which combines income with modest growth in the Canadian upstream oil and gas industry. The Corporation generates returns for its shareholders by pursuing a strategy of acquiring, developing, producing and selling crude oil, natural gas and natural gas liquids from pools in southeastern Saskatchewan, central Alberta, northeastern British Columbia and Lake Erie, Ontario.

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