SOURCE: Sun Cal Energy Inc.

April 11, 2011 09:15 ET

Sun Cal Energy Corporate Update

SAN FRANCISCO, CA--(Marketwire - Apr 11, 2011) - Sun Cal Energy Inc. (PINKSHEETS: SCEY) reports that the previously announced negotiations for the acquisition of additional leasehold interests in the prolific San Joaquin Valley Basin of Central California have been terminated.

The Company continues to explore future acquisition opportunities in an effort to expand on its current leasehold properties which include acreage with significant oil in place of potential reserves.

The Company is currently assessing its opportunities and will be proceeding towards the development of the leasehold assets under management upon completion of its development plan. The current opportunities the Company has under its control represent significant value at the current market price of oil and mandate that the Company begin an exploration program as soon as possible.

The Company continues in its efforts to bring current the Company's financials and SEC filings; it is anticipated that significant movement towards becoming current will be made in the near future.

With the stabilization of oil prices, the weakness in natural gas prices, and most importantly, the recent discovery of a massive and nearby oil field by Occidental, Sun Cal Energy has chosen to shift its primary company focus to developing its San Joaquin Basin Prospects in California.

Legal Notice Regarding Forward-Looking Statements

Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Forward-looking statements are based on current facts and analysis and other information that is based on forecasts of future results, estimates of amounts not yet determined, and assumptions of management. Forward-looking statements are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective," "prospective," and similar expressions or that events or conditions "will," "would," "may," "can," "could," or "should" occur. Information concerning gold or other mineral reserve estimates may also be deemed to be forward-looking statements, as it constitutes a prediction of what might be found to be present if and when a project is actually developed.

Actual results may differ materially from those currently anticipated due to a number of factors beyond the reasonable control of the Company. It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include misinterpretation of data, inaccurate estimates of gold or mineral deposits, the uncertainty of the requirements demanded by environmental agencies, the Company's ability to raise financing for operations, breach by parties with whom we have contracted, inability to maintain qualified employees or consultants because of compensation or other issues, competition for equipment, inability to obtain drilling permits, potential delays or obstacles in drilling operations and interpreting data, the likelihood that no commercial quantities of gold or minerals are found or recoverable, and our ability to participate in the exploration of, and successful completion of development programs on all aforementioned prospects and leases. Additional information on risks for the Company can be found in filings on EDGARof other junior mineral exploration companies with the US Securities and Exchange Commission. This announcement may also contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.

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