America Asia Petroleum Corp. (fka AAPU)

[dd753a]

FYI-Shale Oil are Revived...Mobilestream Oil Announces a Request From Qcell OU Ltd. for a Qoute on a 5,000,000 Ton Per Year Oil Shale Production Plant in Estonia

WEST BERLIN, N.J., Aug 22, 2006 /PRNewswire-FirstCall via COMTEX/ -- Mobilestream Oil, Inc. (OTC Pink Sheets: MSRM) is pleased to announce that Qcell OU Ltd. of Estonia, has requested a quote from Mobilestream Oil for an oil shale production plant in Estonia to process 5,000,000 tons of oil shale per year. Representatives from Qcell OU Ltd. ( http://qcell.ee ) have confirmed that they will visit Mobilestream Oil's facility in West Berlin, New Jersey in mid September of 2006 to discuss the use of Mobilestream Oil's technology for the oil extraction operations in the countries of Estonia, Latvia and Lithuania.
After negotiations and a period of study, a corresponding license agreement with Qcell, if granted, will give exclusive rights to act, install, operate and benefit from Mobilestream Oil's technology for oil shale production.
According to an article published in the August 2005 edition of World Oil magazine, entitled "Hopes for Shale Oil are Revived," Suncor Energy built a $250,000,000 dollar demonstration plant to develop the Stuart oil shale deposit, located near Gladston. However, it is believed that this facility only has the ability to process approximately 2,100,000 tons per year of oil shale.
Mobilestream Oil is confident that its quote for the Estonia facility should be significantly lower in cost than that of Suncor's production facility, all while processing 5,000,000 tons of oil shale per year, twice that of Suncor's facility.
About Mobilestream
Mobilestream Oil, Inc. is an innovative oil and natural gas exploration company focused on using our proprietary technologies for reverse polymerization and pyrolysis of materials and to maximize the output of under- utilized and non-producing oil wells in order to squeeze out every last ounce of production. Increasing prices continue to make primary and less conventional methods for extracting oil more cost-effective, and while Mobilestream Oil is relatively small compared to some of the larger players in the industry, our size is our advantage as we feel we can more quickly and effectively capitalize on expeditious opportunities. Using these same proprietary technologies, Mobilestream has successfully broken down tires into the tires' component parts, capturing for resale virtually all of the raw materials used to manufacture the tires.
This news release contains forward-looking statements regarding Mobilestream's business strategies and future plan of operations. Forward- looking statements involve known and unknown risks and uncertainties. The company's risk and uncertainties include: intense price competition, economic, political and regulatory uncertainties, and the need to raise additional capital for growth and expansion. The forward-looking statements contained in this news release speak only as of the date hereof and Mobilestream disclaims any obligation to provide public updates, revisions or amendments to any forward-looking statements made herein to reflect changes in Mobilestream's expectations or future events.
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Mobilestream Oil, Inc.
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SOURCE Global Resource Corporation
Oil Shale..