Micron Enviro Systems, Inc. Negotiating on Ukrainian Oil and Gas Prospects.Business Editors VANCOUVER, British Columbia--(BUSINESS WIRE)--April 22, 2004 Micron Enviro en·vi·ro n. pl. en·vi·ros Informal An environmentalist. Systems, Inc. ("MSEV") (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :MSEV) wishes to announce that it has entered into negotiations to participate in a possible partnership on one of several of the approximate 100 prime oil and gas pools within the Ukraine. MSEV would be one of a few different companies' that would make up the partnership. One of MSEV's consultants has assembled as·sem·ble v. as·sem·bled, as·sem·bling, as·sem·bles v.tr. 1. To bring or call together into a group or whole: assembled the jury. 2. a technical and legal team from Calgary and Chicago to assist into the negotiations. Meetings are ongoing between the consultant and senior Ukrainian officials. MSEV hopes to have a decision regarding this tremendous opportunity within the next few weeks. Bernie McDougall, president of MSEV stated, "This project could be an extremely large prospect. It is still in the early stages but if MSEV were able to participate in a prospect of this magnitude it could add significant value to the company. The consultant has developed a relationship with Ukrainian officials, and if a deal can be consummated con·sum·mate tr.v. con·sum·mat·ed, con·sum·mat·ing, con·sum·mates 1. a. To bring to completion or fruition; conclude: consummate a business transaction. b. , MSEV would make up a portion of the consortium of companies developing the prospect. It is quite exciting to think about, but it is stressed that it is still in the early stages. However, we are going to continue to be very active with our ongoing projects in Texas over the coming weeks. Our goal is to become a mid range oil gas company and it is projects like we have and are negotiating on that could help MSEV achieve this goal." MSEV is an emerging oil and gas company that has both oil and gas producing properties. MSEV's goal is to become a mid-range oil and gas producer that focuses on the exploration, discovery and delivery of gas and oil to the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. marketplace. MSEV currently has thirteen independent sources of oil and/or gas revenue. MSEV's production is from nine oil wells in Canada and three wells producing both oil and gas revenue in Texas. MSEV is currently involved in four separate multi-well oil and gas prospects, and we continue to look for additional projects that would contribute in building market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. . If you have any questions, please call MSEV at (604) 646-6903. If you would like to be added to MSEV's update email list, please send an email to info@micronenviro.com requesting to be added. This press release contains 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. that involve risks and uncertainties. The statements in this release are 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. provision 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. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. These statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to differ materially from results expressed or implied by forward-looking statements. These risks and uncertainties include, among other things, volatility of oil and gas prices, product demand, market competition, and imprecision im·pre·cise adj. Not precise. im  pre·cise ly adv. of
reserve estimates, and actual ability to recovery oil and gas that is
present or represented to the company by the operator. For further
information regarding any of MSEV's projects, percentage
ownerships, working and net revenue interests and any associated costs
please refer to www.sec.gov. You should independently investigate and
fully understand all risks before making investment decisions.
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