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Wednesday, 11/09/2011 5:42:22 PM

Wednesday, November 09, 2011 5:42:22 PM

Post# of 2661
American Community Development, Inc. (PINK SHEETS:ACDP) has commenced negotiations to acquire significant oil and gas production with significant additional proven reserves; from CJSC Chedty Neft of Russia. ACDP expects to execute a Letter of Intent shortly at which time more details will be announced.

Management Comment: "A production acquisition with significant proven and possible additional reserves complements our large scale blue sky Sofia exploration project in New Mexico, USA", commented Bruce Thomson, B.A.Sc.; President of ACDP. [/b

http://ih.advfn.com/p.php?pid=nmona&article=49872266&symbol=ACDP

http://www.primexoil.com/