Recovery Energy, Inc. Announces the Filing of Its 2012 Annual Report on Form 10K

Recovery Energy, Inc. Announces the Filing of Its 2012 Annual Report on Form
10K

DENVER, April 18, 2013 (GLOBE NEWSWIRE) -- Recovery Energy, Inc. (Nasdaq:RECV)
(the "Company"), an independent oil and gas exploration and production company
with operations and assets in the Denver-Julesburg (DJ) Basin, filed its 2012
annual report on Form 10K with the Securities and Exchange Commission (SEC).

Please access and review the Company's 2012 annual report on Form 10K which is
available free of charge at the SEC's website (www.sec.gov), or the Company's
website (www.recoveryenergyco.com).

About Recovery Energy, Inc.

Recovery Energy, Inc. (RECV) is a Denver-based independent oil and gas
exploration and production company that operates in the Denver-Julesburg (DJ)
Basin where it holds approximately 144,000 gross, 129,000 net acres. Recovery
Energy's focus is to grow reserves and production through a combination of
acquisitions and conventional and unconventional drilling activity, targeting
the various oil-bearing formations that produce in the DJ Basin.

This press release may include "forward-looking statements" as defined by the
Securities and Exchange Commission (the "SEC"), including statements, without
limitation, regarding the Company's expectations, beliefs, intentions or
strategies regarding the future. Such forward-looking statements relate to,
among other things the Company's: (1) proposed exploration and drilling
operations, (2) expected production and revenue, and (3) estimates regarding
the reserve potential of its properties. These statements are qualified by
important factors that could cause the Company's actual results to differ
materially from those reflected by the forward-looking statements. Such
factors include but are not limited to: (1) the Company's ability to finance
its continued exploration and drilling operations, (2) positive confirmation
of the reserves, production and operating expenses associated with the
Company's properties; and (3) the general risks associated with oil and gas
exploration and development, including those risks and factors described from
time to time in the Company's reports and registration statements filed with
the SEC.

CONTACT: MDC GROUP
         Investor and Media Relations:
         414-351-9758
 
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