West Isle Energy Inc.

May 20, 2011 15:58 ET

West Isle Files Its Audited Annual Financial Statements and MD&A for the Period Ended December 31 2010

CALGARY, ALBERTA--(Marketwire - May 20, 2011) - West Isle Energy Inc. ("West Isle") (CNSX:WEI) announces that is has filed its Annual Audited Financial statements and Managements Discussion and Analysis for the period Ended December 31 2010.

For more information about West Isle visit the Corporation's website www.westisleenergy.com or either the Listings Disclosure Hall at www.cnsx.ca or on SEDAR at www.sedar.com.

This release includes certain statements that may be deemed "forward looking statements". All statements in this release, other than statements of historical facts, which address future activities including the closing of the financing, exploration drilling and activity, and events or developments that the Corporation intends, plans, anticipates, believes, estimates or expects are forward looking statements. Actual results may differ materially. Although the Corporation believes such forward looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward looking statements. Factors that could cause results to differ materially from those in the forward looking statements include, but are not limited to: market conditions and difficulties of raising funds in this economic environment, availability and costing of exploration contractors; exploration success; continued availability of capital government regulations, laws and charges; environmental developments; exploitation economics; and generally the economic, market, financial and business conditions in the present volatile and uncertain economic period. Investors are cautioned that any statements are not guarantees of future performance and actual results or developments may differ materially from those stated in the forward looking statements. The Corporation does not intend, and does not assume any obligation, to update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by West Isle Energy Inc. This news release shall not constitute an offer to sell or the solicitation of any offer to buy securities in any jurisdiction.

The CNSX Exchange accepts no responsibility for the adequacy or accuracy of this release.

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