Opal Energy Corp.

Opal Energy Corp.

December 22, 2010 16:24 ET

Opal Energy Announces Filing of Revised Reserves Disclosure Forms

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 22, 2010) - Opal Energy Corp. (the "Company") (TSX VENTURE:OPA) reports that it has filed the following revised Reserves Disclosure Forms on SEDAR: Form 51-101F1 – Statement of Reserves Data and Other Oil and Gas Information; Form 51-101F2 – Report on Reserves Data by Independent Qualifier, Evaluator or Auditor; and Form 51-101F3 – Report of Management and Directors on Oil and Gas Disclosure as at December 31, 2009 (the "Revised 51-101 Forms"). The Revised 51-101 Forms replace the Company's previous forms filed with its Form 51-101 Report on February 3, 2010 (the "Previous 51-101 Forms"). The Previous 51-101 Forms contain disclosure which is not fully compliant with NI 51-101 and should not be relied upon. The Revised 51-101 Forms are available for viewing at www.sedar.com.

All oil and gas exploration leases held by the Company and which have been the subject of the Company's 51-101 reporting and the Revised 51-101 Forms have expired.

Opal Energy Corp.

Opal Energy Corp. is an independent oil and gas exploration and production company based in Vancouver, B.C.  

On behalf of the Board of Directors

Opal Energy Corp.

Michael Curtis, President and CEO

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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