Summary of KENTUCKY USA ENERGY, INC.

Item 7.01. Regulation FD Disclosure

Attached hereto as Exhibit 99.1 is a press release issued by Kentucky USA Energy, Inc. (the "Company") on March 24, 2009.

This press release announces that the Company has reached total depth ("TD") of 2,732 feet on its Hunter Wells #4 well located on its leasehold in the New Albany Shale. Further, the Hunter Wells #4 well has been evaluated and determined to be commercially viable and the well's drilling log confirms that there is approximately 166 feet of shale formation encountered in this well. An additional gas zone which was not included in the original reserves study, the Dutch Creek formation, was also discovered in the Hunter Wells #4 well between 2,598 and 2,610 feet, and the Company expects to complete this additional zone first.

In addition, the press release provides an update on the Company's drilling operations at its Slinker #2 well and is expected to reach TD this week. Also, the Company's drilling contractor has mobilized its rig to the Company's next drilling location, B. Johnson #2, and is expected to spud-in and begin drilling that well later this week.

Pursuant to General Instruction B.2 of Form 8-K, the information in this Form 8-K, including the exhibit, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, and are not incorporated by reference into any filing of the Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing.