PINECREST ENERGY INC. ANNOUNCES FILING OF ITS INTERIM SEPTEMBER 30, 2010
FINANCIAL STATEMENTS

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

TSX Venture Exchange: PRY

CALGARY, Nov. 25 /CNW/ - Pinecrest Energy Inc. (the "Company" or "Pinecrest") is pleased to announce that it has filed on SEDAR its unaudited consolidated financial statements and related Management's Discussion and Analysis ("MD&A") for the two month period ended September 30, 2010. The statements are available for review at www.sedar.com or www.pinecrestenergy.com.

The Company has recently received regulatory approval to change its year end to December 31 and effective immediately, will be reporting based on the December 31 year end reporting timelines.

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.

For further information:

Pinecrest Energy Inc.
Suite 500, 255 - 5th Avenue S.W.
Calgary, Alberta T2P 3G6

Wade Becker, President and CEO

or

Dan Toews, V.P. Finance & CFO

Tel: [phone] or
Fax: [phone]