Kentucky USA Energy Completes Reverse Merger with KY USA Energy

    LONDON, Ky., May 5 /PRNewswire-FirstCall/ -- Kentucky USA Energy, Inc.
 (OTC Bulletin Board:   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.
 
 
 

SOURCE Kentucky USA Energy, Inc.

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