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 April 24, 2009.

This press release announces that the Company has reached total depth ("TD") of 3,460 feet on its Swinney #1 well located on its leasehold in the New Albany Shale in western Kentucky. This well's log confirms that there is approximately 140 feet of shale formation encountered in this well and is showing strong gas to the surface. An additional gas zone which was not in the original reserves study, the Dutch Creek formation, was also encountered in the Swinney #1 well between 2,582 and 2,594 feet. Initial open flow tests from the Dutch Creek formation show an approximate potential flow of more than 150,000 cubic feet per day.

In addition, the press release provides substantive progress updates on the Company's drilling operations with respect to four of its other well locations, J & Johnston #4, Golden Eagle #1, Slinker #2, and Hunter Wells #4.

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.