AltaCanada announces release of Q1 2010 financial results

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

TSX-V SYMBOL: ANG

CALGARY, May 28 /CNW/ - AltaCanada Energy Corp. (the "Corporation") announces that it has provided results for the quarter ending March 31, 2010.

A complete report is available on SEDAR or on our website www.altacanada.com or from the Corporation.

The Corporation is engaged in the acquisition, exploitation and production of crude oil and natural gas reserves in Western Canada and Montana. For more information on the Corporation, visit www.altacanada.com.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

SOURCE ALTACANADA ENERGY CORP.

For further information: For further information: Don Foulkes, President & CEO, Telephone: (403) 265-9091 (ext 248), Fax: (403) 265-9021, Email: info@altacanada.com; Don Jackson, Exec VP & COO, Telephone: (403) 265-9091 (ext 234), Fax: (403) 265-9021

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ALTACANADA ENERGY CORP.

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