Kentucky USA Energy Completes Reverse Merger with KY USA Energy

LONDON, Ky., May 5 /PRNewswire-FirstCall/ -- Kentucky USA Energy, Inc. OTCBulletinBoard: KYUS today announced that it has consummated a reverse merger with KY USA Energy, Inc., a privately held Kentucky corporation. Kentucky USA Energy will continue to implement KY USA Energy's business plan and will retain KY USA Energy's senior management, led by Steven D. Eversole, CEO and Sam Winer, CFO.

Commenting on the announcement, Kentucky USA Energy's new CEO, Steven D. Eversole, said, "The successful completion of the merger represents a major milestone for Kentucky USA Energy, positioning the company for accelerated growth. We are excited about the future of our company. We expect that the corporate visibility provided by this merger will lead to and enable us to complete certain financings and leasehold acquisitions, allowing us to accelerate our drilling and development activities."

Under the terms of the merger agreement, KY USA Energy's shareholders will receive shares of Kentucky USA Energy in exchange for their shares of KY USA Energy.

About Kentucky USA Energy, Inc.

Kentucky USA Energy is a publicly held, independent energy company whose principal activities are to acquire, explore and develop oil and gas resource properties, with a primary focus initially on shale gas in the Illinois Basin in western Kentucky. More information about the Company may be found at www.kusaenergy.com.

Certain statements in this news release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties. Words such as "expects", "intends", "plans", "may", "could", "should", "anticipates", "likely", "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Actual results may differ materially from those currently anticipated due to a number of factors beyond the reasonable control of Kentucky USA Energy, including, but not limited to, the availability and pricing of additional capital to finance operations and leasehold acquisitions and the viability of the shale gas fields in the Illinois Basin. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of this release. We assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release. Additional information on risks and other factors that may affect the business and financial results of Kentucky USA Energy can be found in the filings of Kentucky USA Energy with the U.S. Securities and Exchange Commission.