VanEck Vectors Global Alternative Energy ETF files amended documents on SEDAR by 24hgold

News Release

May 14, 2008

Opal Energy files amended documents on SEDAR

As a result of a review conducted by the British Columbia Securities Commission, Opal Energy has issued the following press release to clarify its disclosure:

In response to comments received from the British Columbia Securities Commission (the "BCSC") as part of a review of its continuous disclosure filings, Opal Energy Corp. (the "Company") (TSX-V: OPA), has amended and re-filed the following documents with the System for Electronic Document Analysis and Retrieval ("SEDAR");

interim MD&A for the three months ended March 31, 2007,

interim MD&A for the six months ended June 30, 2007,

interim MD&A for the nine months ended September 30, 2007,

annual MD&A for the year ended December 31, 2007.

All re-filed documents have been marked "Amended and Restated" and are now accessible from SEDAR's Web site: www.sedar.com . The Company has also filed amended 52-109F1 and 52-109F2 Certification of annual and interim filings for the Company's CEO and CFO for each of the amended MD&A's.

The Company has amended the MD&As in order to provide an expanded discussion of the results of operations and each of the periods in the MD&A's has been expanded to provide greater discussion of significant changes to the Company's results of operations, including a breakdown of the nature and purpose of consulting expenses, professional fees and stock based compensation expenses. The Company has also added detail in each of the MD&As pertaining to:

the nature of various quarterly expenditures for the periods reported compared to the prior year;

quarterly results when compared to the previous quarters;

description of ongoing arrangements for related-party transactions,

accounting policies that the Company expects to adopt subsequent to its December 31, 2007 year-end.

Further, the company has removed text that does not meet the BCSC's definition of "plain language" in each of the cover letters for the MDA's that have been re-filed. The interim MD&A's have been revised to remove language stating that the Company assumes no obligation to update its forward-looking statements to reflect subsequent information or events.

CONTACT FOR MORE INFORMATION Mr. Blake Harvey Telephone: (604) 630-4909	OR: Website: www.OPALenergy.ca E-mail: info@OPALenergy.ca
On behalf of the Board of Directors Opal Energy Corp
Ronald E Oligney Chairman of the Board	Barry Williamson CEO and Director
This release includes certain statements that may be deemed forward-looking statements. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, production activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, production and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required under the securities laws, Opal does not assume a duty to update these forward-looking statements. For more information on the Company, Investors should review the Company's filings that are available at www.sedar.com .
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release

Opal Energy Corp
Corporate Office:
Suite 951- 409 Granville St.
Vancouver, B.C., V6C 1T2
CANADA

Opal Energy Inc.
United States Headquarters
410 W. Grand Parkway S.
Suite 350, Katy, TX, 77494
USA

Opal Energy Inc.
South Texas Operations:
One O'Connor Plaza, Suite 420
Victoria, TX, 77901
USA

Légende
	Production
	Mine développement
	Découverte
	Exploration
	Ancien producteur
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