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CenGroup Receives Approval for Operations.


Oil Recovery Projects to Begin near Baku

VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography
 & BAKU, Azerbaijan -- CenGroup Petroleum Corporation (PINK SHEETS:CPCO CPCO Central Port Call Office
CPCO Certified Pest Control Operator's Association of Florida (Tamarac, Florida) 
) announced today that it has received authorization to recover oil from several sites in and around the Azeri capital city of Baku. This came about after the recent environmental clean-up declarations announced by Azeri President, Ilhan Aliyev. CenGroup has pre-fabricated extraction and transportation equipment in anticipation of the President's announcement. Now, with a container of sorbent sorbent /sor·bent/ (sor´bent) an agent that sorbs; see absorbent and adsorbent.

sorbent

an agent that sorbs.
 in transit from the USA, the Company is gearing up operations. EnviroMop[TM] will continue shipping sorbent from the USA until the Baku manufacturing plant is operational.

About: CenGroup Petroleum Corporation was developed to take advantage of an opportunity to recover surface oil in the Caspian Sea Caspian Sea (kăs`pēən), Lat. Mare Caspium or Mare Hyrcanium, salt lake, c.144,000 sq mi (373,000 sq km), between Europe and Asia; the largest lake in the world.  Region and to reclaim the oil to productive use while environmentally restoring the land, sea, and shore. Over the past five years the Company has singularly positioned itself in this lucrative region by developing relationships within the Azerbaijan government. It has been estimated that there are approximately 250 million barrels of surface oil lying on water and land in the Caspian Sea Region, with nearly 1 million new barrels of oil leaking to the surface each year. For more information, please visit their web site at www.CenGroupPetroleumCorp.com.

This Press Release contains "forward-looking" statements that are made pursuant to the Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. These are statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as "may," "will," "expects," "projects," "anticipates," "estimates," "believes," "intends," "plans," "should," "seeks," and similar expressions. These statements reflect management's beliefs and are based upon information currently available. Accordingly, such forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 involve known and unknown risks, uncertainties and other factors, which could cause CenGroup's actual results, performance or achievements to differ materially from those expressed in or implied in such statements. The aforementioned risks and uncertainties may include, but are not limited to, risks associated with possible petroleum market fluctuations and geopolitical ge·o·pol·i·tics  
n. (used with a sing. verb)
1. The study of the relationship among politics and geography, demography, and economics, especially with respect to the foreign policy of a nation.

2.
a.
 conditions in the region of which CenGroup's oil recovery and reclamation business takes place. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information set forth in this Press Release including such forward-looking statements.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 27, 2006
Words:384
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