American Natural Energy Corporation Announces Capital Raise



    TULSA, Okla., June 4 /CNW/ --  American Natural Energy Corporation
("ANEC") (TSX Venture: ANR.U) previously announced on May 21, 2009 that it
intends to seek to raise additional capital, subject to TSX Venture Exchange
approval, proposed to be used to fund the previously announced transaction
with Dune Energy, Inc. and for working capital purposes.  The offering has
been amended to offer up to 50 million shares of ANEC's common stock at a
price of US$0.03 per share. Subscribers' subscriptions will be held by an
escrow agent pending the receipt of funds necessary to close the Dune
transaction as previously announced. The offering will terminate on July 31,
2009, unless extended by ANEC to no later than August 31, 2009.  If completed,
such a transaction will result in dilution to the present holders of ANEC's
Common Stock.  The offer and sale of such securities by ANEC to the
subscribers has not been and will not be registered under the U.S. Securities
Act of 1933, as amended (the "Act"), and such securities may not be offered or
sold in the United States absent registration under the Act or an available
exemption from the registration requirements. Such offer and sale of its
securities is intended to be made pursuant to the exemption from the
registration requirements of the U.S. Securities Act afforded by Regulation D
and in reliance upon Regulation S under that Act and will result in the
issuance of "restricted securities" as defined in Rule 144 under the Act.
There can be no assurance that ANEC will be successful in raising the
additional capital through the sale of its Common Stock.

    ANEC is a Tulsa, Oklahoma based independent exploration and production
company with operations in St. Charles Parish, Louisiana.  For further
information please contact Michael Paulk, CEO at 918-481-1440 or Steven P.
Ensz, CFO at 281-367-5588.
    

    ON BEHALF OF THE BOARD OF DIRECTORS

    "MICHAEL PAULK"

    Michael Paulk
    President & CEO

    
    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.

    This Press Release may contain statements which constitute
forward-looking statements within the meaning of the US Private Securities
Litigation Reform Act of 1995, including statements regarding the plans,
intentions, beliefs and current expectations of ANEC, its directors, or its
officers with respect to the future business, well drilling and operating
activities and performance of ANEC. Forward-looking statements also include
the plans and intentions of ANEC to offer and sell shares of its Common Stock
and its ability to complete such a transaction. Investors are cautioned that
any such forward-looking statements are not guarantees of future performance
and involve risks and uncertainties. The actual results and outcome of events
may differ materially from those in the forward-looking statements as a result
of various factors.  The levels of and fluctuations in the prices for natural
gas and oil and the demand for those commodities, the outcome of ANEC's
development and exploration activities, including the success of its current
and proposed well drilling activities and the availability of capital to
pursue those activities could affect ANEC and its future prospects. ANEC's
inability to raise additional capital would adversely affect its ability to
pursue its drilling program and its liquidity.  Important additional factors
that could cause such differences are described in ANEC's periodic reports and
other filings made with the Securities and Exchange Commission and may be
viewed at the Commission's Website at http://www.sec.gov.
    





    




For further information:

For further information: Michael Paulk, CEO, +1-918-481-1440, or Steven
P. Ensz, CFO, +1-281-367-5588, both of American Natural Energy Corporation Web
Site: http://www.annrg.com/

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American Natural Energy Corporation

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