Apollo Resources International Appoints President Of Subsidiary.

DALLAS -- Apollo Resources International, Inc. (OTCBB:AOOR) today announced it has appointed Mr. Vladimir Kolavski as President of its wholly-owned subsidiary, Apollo Eurasia, Inc. Apollo Eurasia, Inc. recently finalized the acquisition of a 90% interest in Kaliningradneft, a Russian oil production company for which Mr. Kolavski served as Chairman for 6 years. Mr. Kolavski will continue to be responsible for the oversight and management of Kaliningradneft's current oil production, as well as planned oil and gas acquisitions to further increase Apollo Eurasia's reserve base. Under Mr. Kolavski's leadership, Apollo Eurasia will focus on oil and gas acquisitions and related opportunities primarily in Russia, CIS, and Eastern Europe.

Mr. Kolavski is also joining the Board of Directors of Apollo Resources International, Inc.

Mr. Kolavski is co-founder of Kaliningradneft and has served in an executive capacity since inception. Over the past 15 years Mr. Kolavski has owned a number of primarily oil and gas related businesses in Kaliningrad Russia, and he is considered to be a prominent member of the Kaliningrad business community. Following his graduation from the Russian Military Academy, Mr. Kolavski served 25 years in the Russian Military Service and was honorably discharged with the rank of Colonel.

Apollo Resources International is a public energy company focused on the acquisition and development of upstream oil & natural gas production assets. Additionally, the Company evaluates and develops existing and future alternative energy sources.

This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.