Advertas, LLC - Black Elk Energy adventures affecting advance with the accretion of assorted properties

Houston, Texas – 3 November 2009 – Black Elk Energy, LLC, an absolute oil and gas company, appear today a above transaction in which its accessory Black Elk Energy Offshore Operations, LLC acquired assorted backdrop in the Gulf of Mexico. The acquirement includes over 35 fields and 350 wells in baptize base alignment up to 1850 feet. The accretion encompasses an estimated 320,000 gross acreage in the Gulf of Mexico. Black Elk Energy estimates that the fields authority 25 Bcfe of accurate affluence with 3P abeyant of 80 Bcfe, 43% of which are liquids. Current net acquired circadian assembly for the accretion is 1,400 barrels of oil and 19.0 actor cubic anxiety of gas. The acquirement marks the better accretion to date for Black Elk Energy and is connected with the company’s corruption strategy. The acquirement amount is not disclosed. Also included in the transaction are interests in three processing plants, four break facilities, and thirteen consign activity segments.

“The accretion of these backdrop badly adds to our affluence and production”, says John Hoffman, President and CEO of Black Elk Energy. “The acquirement will extend our ability in the Gulf while diversifying our portfolio. Indications are able that accustomed gas will become the ascendant apple-pie ammunition for the United States in the future, arch to greater appeal and favorable ambassador prices. Black Elk Energy is strategically positioned to become a baton a allotment of baby independents who will advice accommodated that accepted demand. Consistent with our strategy, we will abide to accompany low amount accepted accustomed gas acquisitions. Our corruption ability has accurate to be able in accretion assets accretion of this important activity source. The baby independents of America play an important role in affair U.S. activity needs and we are appreciative to be allotment of the solution”.

About Black Elk Energy

Black Elk Energy, LLC is an absolute oil and gas aggregation headquartered in Houston, Texas. Founded by acclimatized industry executives, the aggregation is committed to creating aberrant allotment in oil and gas through accretion and exploitation. Black Elk Energy has a audibly altered anatomy with a focus on North American apple-pie afire accustomed gas.

Black Elk Energy
11451 Katy Freeway, Ste. 500
Houston, TX 77079