Apollo Resources Subsidiary Signs Biodiesel Storage Agreement.DALLAS -- Apollo Resources International, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AOOR AOOR Annals Of Operations Research ) today announced that its 50% owned subsidiary, Earth Biofuels, has strengthened its distribution position in Mississippi through an agreement with Southland Oil Company, located in Jackson, Miss. This agreement will allow Earth Biofuels to include biodiesel in five bulk storage locations throughout the state, making the fuel more accessible statewide. "This agreement supports our efforts in formalizing franchise agreements with independent fuel station owners to provide more fuel at the retail level. Retail sales at our Jackson location have increased substantially, and demand across the state warrants additional locations," stated Tommy Johnson
Tommy Johnson (1896 – November 1 1956) was an influential American delta blues musician who recorded in the late 1920s. , CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Earth Biofuels. Apollo Resources International (www.apolloresources.com) is a public energy company focused on the acquisition and development of upstream oil & natural gas production assets. In the Four Corners area of New Mexico New Mexico, state in the SW United States. At its northwestern corner are the so-called Four Corners, where Colorado, New Mexico, Arizona, and Utah meet at right angles; New Mexico is also bordered by Oklahoma (NE), Texas (E, S), and Mexico (S). , Apollo has over 1.5 million barrels of oil in recoverable reserves and 10 billion cubic feet of natural gas reserves. Apollo owns approximately 1,800 miles of pipeline easements EASEMENTS, estates. An easement is defined to be a liberty privilege or advantage, which one man may have in the lands of another, without profit; it may arise by deed or prescription. Vide 1 Serg. & Rawle 298; 5 Barn. & Cr. 221; 3 Barn. & Cr. 339; 3 Bing. R. 118; 3 McCord, R. and pipelines in Oklahoma, Texas, Kansas, and Illinois. Apollo also has government certified 4.3 million barrels of oil in recoverable reserves through the acquisition of JSC JSC Johnson Space Center (NASA) JSC Joint Stock Company JSC Java Studio Creator JSC Joint Steering Committee JSC Joint Standing Committee JSC Journal of Symbolic Computation JSC Joint Scientific Committee Kaliningradneft in the Russian province of Kaliningrad. Additionally, the Company evaluates and develops existing and future alternative energy sources, such as biodiesel fuel. 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. |
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