Acadian Energy Inc. Announces Planned Debt to Share Conversion and Internal Option Agreement

Acadian Energy Inc. (TSX VENTURE:ACX) -- (the "Corporation" or "Acadian")
announced today that two of its directors and majority shareholders have agreed
to convert $1,495,000 of indebtedness into Restricted Voting Common shares in
the capital of the Corporation and to grant an option to purchase a portion of
the Restricted Voting Common shares that they own to third parties. The debt
conversion and grant of the options is subject to regulatory approval including
approval by the TSX Venture Exchange. 


As announced April 9, 2013, the Board of Directors is diligently pursuing new
opportunities for Acadian in light of its current low cash balance. These moves
will eliminate the largest element of debt on the Corporation's balance sheet in
order to make it more attractive for new ventures.


The indebtedness is held by John McDevitt and Gilbert Smith or parties
controlled by them. The conversion is to be at a rate of $1.00 per share which
would result in an additional 1,495,000 Restricted Voting Common shares being
issued. There are currently 2,505,748 Voting Common shares and 3,539,157
Restricted Voting Common shares issued and outstanding.


The option to purchase is for 1,850,000 Restricted Voting Common shares. It is
in favour of three directors, Mark Lawrence (Interim CEO), Andrew Wilkes and
Kevin Stulp and an officer, Timothy C. Williams (CFO). The option price is
$0.015 per share and the exercise period is a term of 5 years. 


Also as announced on April 9, 2013, the Corporation has over the past year and a
half, moved away from pursuing its initial New Albany Shale natural gas
opportunities as a result of the dramatic decline in pricing and attendant lack
of funding to pursue drilling activities. Since then, the Corporation has
examined a number of oil exploration opportunities, with joint ventures that
would need various levels of funding to develop. A lack of support in the junior
oil exploration market has not produced a financeable opportunity.


The Board has thus recently been pursuing reverse takeover transactions with
other corporations in similar and different business sectors who can make use of
the Corporation's unique capital structure that generally enables US private
company shares to be swapped with Canadian listed shares on a tax free rollover
basis. This makes Acadian particularly amenable for those companies with US
operations and who would benefit from listing their shares on a Canadian
exchange. In addition, the Corporation is not required to currently report to
the SEC. However, the Corporation is able to examine possible transactions based
globally.


There can be no assurance that a suitable transaction will be found that meets
all of our criteria. 


Additional Corporation information is also obtainable on the Corporation's web
site www.acadianenergy.com.


About Acadian:

Acadian is a junior exploration and production company which is focused on the
exploration and development of New Albany shale oil and natural gas in the
Illinois Basin. The Corporation continues exploration development of the oil
potential of the New Albany Shale. Acadian trades on the TSX Venture Exchange
under the symbol ACX.


This communication to shareholders and the public contains certain
forward-looking statements. Actual results may differ materially from those
indicated by such statements. All statements, other than statements of
historical fact, included herein, including, without limitations statements
regarding future production, are forward-looking statements that involve various
risks and uncertainties. There can be no assurance that such statements will
prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Acadian Energy Inc.
Mark Lawrence
Interim CEO
281-751-7720
mlawrence@acadianenergy.com
www.acadianenergy.com

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