SOURCE: ReoStar Energy Corporation

ReoStar Energy Corporation

June 12, 2009 14:53 ET

ReoStar Energy Issues Clarification of Previous Press Release

FORT WORTH, TX--(Marketwire - June 12, 2009) - ReoStar Energy Corporation (OTCBB: REOS), an oil and gas company engaged in the acquisition, development, and production of natural gas and oil properties with operations primarily focused on developmental resource plays and enhanced oil recovery projects, advises that certain data referenced in a prior press release requires clarification.

On May 27, 2009 in connection with its announced acquisition of certain Eagle Ford Shale assets, ReoStar issued a press release referencing data relating to test results of another oil and gas company's #1-H Butaud well in the Eagle Ford Shale. The referenced data pertaining to that specific well has not yet been confirmed and therefore may not be accurate. It has come to the Company's attention that the operator has not published the data and therefore its validity cannot be confirmed.

ReoStar will withhold issuing further data with respect to the production of any well until verified or published by the operator.

Additional information is located on the company's website

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above.

Contact Information

  • Contact:
    Teresa Wright at ReoStar Energy Corporation
    RJ Falkner & Company, Inc.
    Investor Relations Counsel
    800-377-9893 or
    via email at Email Contact