COQ Rooster Energy Ltd

ROOSTER ENERGY LTD. (the "Company") (www.roosterenergyltd.com (TSX VENTURE:COQ)
announces that it has filed on SEDAR (www.sedar.com) Amended Consolidated
Financial Statements of Rooster Energy, LLC for the Three Months Ended March 31,
2012 and 2011. The financial statements have been amended to record additional
accruals for expected plug and abandonment costs for the period ended March 31,
2012. As a result, the plug and abandonment expense was increased by
(US)$2,362,072 on the consolidated statement of income (loss) and comprehensive
income (loss) and the liability for asset retirement obligations was increased
by the same amount on the consolidated balance sheet. 


Additionally, the consolidated statement of changes in member equity has been
amended to present the separate components of member equity between stated share
capital of (US)$12,250,000 and retained earnings (deficit) for the periods
presented. 


Investors are welcome to visit our website at www.roosterenergyltd.com or
contact the following for all corporate updates and investor inquiries:


United States Securities Matters

This press release does not constitute an offer to sell or a solicitation of an
offer to buy any securities in the United States. The securities of the Company
have not been and will not be registered under the United States Securities Act
of 1933, as amended (the "US Securities Act") or any state securities laws and
may not be offered or sold within the United States or to U.S. persons unless
registered under the U.S. Securities Act and applicable state securities laws or
an exemption from such registration is available.

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