Pinnacle Group/Maverick Energy (fka PGPU)

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PGPU/Maverick Energy Group Announces Name and Symbol Change
Pinnacle Group Unlimited (PINKSHEETS: PGPU) is pleased to announce a name change to Maverick Energy Group Ltd as well as a symbol change to (PINKSHEETS: MKGP).

Effective Oct. 3rd, 2006 a new symbol and new name has gone into effect for PGPU.PK to MKGP.PK. The company made the change to better reflect its core business model.

All previous news can be found under PGPU.PK in most news services or please go to the company web site at www.maverickenergygroup.com.

Maverick Energy Group Ltd (formerly Pinnacle Group Unlimited, Inc) is the Operator of the "Big Foot Field" in Texas originally developed by Royal Dutch Shell (RDS-A) and recently valued at approximately $19 million. It has approximately 300 production wells in the field of which approximately 240 are presently revenue producing. PGPU/Maverick is also the part owner of several producing natural gas wells and owns additional natural gas leases in West Virginia.

Further information can be found at http://www.maverickenergygroup.com/ or www.pinksheets.com.

This release includes forward-looking statements, which are based on certain assumptions and reflects management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success for new products and technologies; the level of expenditures necessary to maintain and improve the quality of products and services; changes in technology; changes in laws and regulations, includes codes and standards, intellectual property rights, and tax matters; the uncertainty of the oil & gas market; including the geopolitical environment not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.



Source: Market Wire (October 5, 2006 - 10:11 AM EST)

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