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Apex Resources Group Inc. Announces Status of Bastian Bay Gas Well State Lease 16152 at Plaquemines Parish, Louisiana.


Energy Editors/Business Editors

SALT LAKE CITY--(BUSINESS WIRE)--April 15, 2004

Apex Resources Group Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:APXR) announces status of Bastian Bastian, as a surname, may refer to:
  • Adolf Bastian
  • Ali Bastian
  • Bruce Bastian
  • Fritz Bastian
  • Gert Bastian
  • Henry Charlton Bastian
  • Mary Bastian
  • Noah Bastian
See also
  • Bastian Schweinsteiger
 Bay Gas Well State Lease 16152 at Plaquemines, Parish, Louisiana Louisiana (ləwē'zēăn`ə, lē'–), state in the S central United States. It is bounded by Mississippi, with the Mississippi R. .

Plaquemines Parish, Louisiana Plaquemines Parish (Cajun French: Paroisse Plaquemine) is the parish with the most combined land and water area in the U.S. state of Louisiana. The parish seat is Pointe à la Hache. As of 2000, the parish's population was 26,757.  

The operator (Royal "T" Oil) has notified all participants that the Gas Well at Bastian Bay has built to 900 lbs pressure and is increasing at a rate of 100 lbs per day. An Engineering report will be put together in the next few days to determine what further work is required to have a successful well. Apex Resources Group Inc. owns a 6.25% interest in this well and will generate a monthly income of an estimated $15,000.00 after interest and royalty payments. Apex will continue to analyze further gas exploration programs that Royal "T" Oil are developing.

Goliad County, Texas Goliad County is a county located in the U.S. state of Texas. As of 2000, the population is 6,928. Its county seat is Goliad6. Goliad is named for the Mexican Municipality of Goliad, which in turn is named for Father Miguel Hidalgo; "Goliad" is an anagram of Hidalgo,  

P.B. Energy Partners Ltd. has informed Apex Resources that EDDE EDDE Aerodrome Erfurt, Germany  Drilling has confirmed a scheduled move-in date of Monday Monday: see week. , April 19. The anticipated drill period to target depth is approximately 14 days on the Manahuilla Creek Prospect in Goliad County, Texas. Apex owns a net revenue share of 1.875% of 75% of the gas well upon completion.

Further updates will be released as work proceeds.

By the Board of Directors

Apex Resources Group Inc.

The foregoing contains forward looking statements. For this purpose any statements contained in this document that are not statements of historical fact may be deemed to be forward looking statements. Without limiting the foregoing, such words as "may," "will," "believes," "anticipates," "estimates," "continue," or comparable terminology intends to identify forward looking statements. These statements by their nature involve substantial risks and uncertainties and actual results may differ materially depending upon a variety of factors, including but not limited to, the successful negotiation and execution of the definitive acquisition agreement and receipt of certain exhibits and schedules requested by Apex Resources Group Inc.
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 15, 2004
Words:317
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