SOURCE: UnionTown Energy Inc.

UnionTown Energy Inc.

July 11, 2011 06:30 ET

UnionTown Energy Inc. (UTOG) 15c 2-11 Filed by Market Maker With FINRA for Re-Listing to OTCBB

BILLINGS, MT--(Marketwire - Jul 11, 2011) - UnionTown Energy Inc. (OTCBB: UTOG) (PINKSHEETS: UTOG) is pleased to announce that a lead sponsor Market Maker has filed a 15c 2-11 with FINRA to have UnionTown securities re-listed to the OTCBB.

A "15c 2-11" is a document which includes a number of disclosures and corporate information. Interested parties may read more about this document at http://taft.law.uc.edu/CCL/34ActRls/rule15c2-11.html.

This prospectus-type document will be reviewed by FINRA, the largest independent regulator for all securities firms doing business in the United States. Through discussions with the Market Maker it is the Company's understanding that FINRA will conduct a review of the 15c 2-11 and follow up with questions and comments. The Market Maker indicated a response from FINRA is typically received with-in 14 days of the filing but can take up to 30 days. The Market Maker will then work with the Company to respond to the questions and comments and forward onto to FINRA. Further questions may be posed by FINRA and the Company will continue to respond until FINRA has no further questions. Once FINRA is satisfied with the submission of the 15c 2-11 and the answers to any subsequent questions, then approval to up list to the OTCBB would be granted.

"We have worked diligently to prepare the necessary information to support the requirements of re-listing to the OTCBB," said UnionTown's Vice President of Finance, Patrick Smyth. "We are hopeful we can move this process along in the most efficient manner possible and receive a positive outcome."

About UnionTown Energy Inc.

UnionTown Energy Inc. is a fully reporting, exploration-stage company that is building towards becoming an oil and gas producer. We are proudly engaged in the acquisition and exploration of oil and natural gas properties located within America's borders. For more information about our company, please visit www.UnionTownEnergy.com.

Safe Harbor

The information in this release includes forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Although the Company believes that its expectations are based on reasonable assumptions, actual results may differ materially. These forward-looking statements, specifically statements relating to expectations regarding up listing to the OTCBB, future exploration activities and the potential results of exploration activities on these properties, involve risks and uncertainties that include, among others, fluctuations in natural gas and crude oil prices; the timely receipt of necessary permits and approvals; market demand for, and/or available supplies of, energy-related products and services; unanticipated project delays, risks related to competition, management of growth, new products, services and technologies, potential fluctuations in operating results, international expansion, commercial agreements, acquisitions and strategic transactions, government regulation and taxation. More information about factors that potentially could affect the Company's financial results is included in its filings with the Securities and Exchange Commission.

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