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Thursday, June 23, 2011 9:07:33 AM
LAS VEGAS, NEVADA, Jun 23 (MARKET WIRE) --
American Community Development, Inc. (PINK SHEETS: ACDP) retains
prominent domestic and international geophysicist to design and implement a seismic program, for ACDP's Sofia Oil & Gas Exploration Project in New Mexico. Mel Marshall of Calgary AB, Canada; has been engaged by ACDP to initiate a seismic program comprised of reprocessing the existing 35 miles of seismic with a view to focusing on the 4300' - 4500' zone; and as well design additional seismic lines considered appropriate to pin pointing
locations for our proposed 6 test well program. Mr. Marshall designed and supervised the shooting of the existing 35 miles of seismic, and therefore ACDP is fortunate to have his familiarity and availability to advance our project.
Mel Marshall obtained his Bachelor of Science (Geophysics) from the University of Calgary in 1985. He has been in the exploration industry for 25 years and a practicing member of APEGGA (Association of Professional Engineers, Geologists and Geophysicists of Alberta) for the last 20 years. He has worked in both North and South America on various structural and stratigraphic play types, in various roles from Geophysicist to Exploration Vice President. He is currently running his
own consulting business that provides both technical and management services to the exploration industry.
Management Comment: "ACDP considers itself fortunate to have the
opportunity to participate in such a large scale oil and gas play
resident onshore in the USA. The combination of continued restrictions on offshore drilling, turmoil in the far east, and surging oil prices (recently over $100 per barrel), all of which affects demand - supply balance; makes this an attractive and timely business opportunity to fast track shareholder value."
About American Community Development, Inc.:
ACDP is an emerging domestic oil and gas company, and will be focused on exploiting oil and gas reserves onshore within the USA. ACDP is in the process of assembling a seasoned team of managers and technical professionals in the areas of geology, geophysics, engineering, and legal. ACDP is positioning itself for aggressive asset growth and shareholder value enhancement.
This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended; such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements.
The Company may experience significant fluctuations in operating results due to a number of economic, competitive and other factors. These factors could cause operations to vary significantly from those in prior periods, and those projected in forward-looking statements. Information with respect to these factors, which could materially affect the Company and its operations, are included on certain forms the Company files with the Securities and Exchange Commission.
Contacts:
American Community Development, Inc.
Bruce A. Thomson, B.A.Sc.
President & CEO
702-605-0145
info@acdp-ir.com
www.acdp-ir.com
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