SOURCE: UnionTown Energy Inc.

UnionTown Energy Inc.

September 02, 2011 12:20 ET

UnionTown Energy Inc. (UTOG) Provides Update on Relisting to OTCBB

BILLINGS, MT--(Marketwire - Sep 2, 2011) - UnionTown Energy Inc. (OTCBB: UTOG) (PINKSHEETS: UTOG) is pleased to provide an update on its efforts to relist its common stock to the OTCBB.

The Company's sponsoring Market Maker received some additional comments from FINRA last week asking for further clarification on some of the property acquisitions as well as ensuring a copy of an 8K was on hand. It should be noted that the first response that the Market Maker received from FINRA had asked for clarification on twelve issues.

The Company's sponsoring Market Maker continues to work closely with FINRA by providing them with the data that has been requested and a response has now been submitted.

UnionTown Energy Inc. has made the relisting of its common stock a corporate priority and continues to work diligently on behalf of its shareholders to work towards 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

Safe Harbor
The information in this release includes forward-looking statements. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "encouraged," "intend," "strategy," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this release. Although the Company believes that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. These forward-looking statements may well 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. You should carefully review the information disclosed within the section entitled "Risk Factors" contained in the Company's Current Report on Form 10Q filed on June 17, 2011, as well as the information contained in this release, when assessing the Company and its business. The Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact Information

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    Patrick Smyth
    Vice President of Finance
    Email Contact
    (702) 530-3241