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CKGR MERGER OFF TO THE RACES!!

Chilmark Entertainment Group, Inc. Announces Merger With Integrated Bio-Energy Resources
PR Newswire - November 01, 2006 11:02

SOUTHAVEN, Miss., Nov 01, 2006 /PRNewswire-FirstCall via COMTEX/ -- Steve Strauss, President and CEO of Chilmark Entertainment Group, Inc. (OTC Pink Sheets: CKGR) announced the acquisition of Integrated Bio-Energy Resources. Integrated Bio-Energy Resources is a consortium of Palm Oil Growers who have pooled their assets with the assistance of various Caribbean Governments to produce Bio-Gasoline and Bio-Diesel. The demand for an alternative fuel source has sparked a world wide demand for Bio-Fuel and the tropical climate of the region is a natural environment for building the production facility. The refinery that is being built is anticipated to have the capacity to produce 1,000,000 barrels per week of Bio-Fuel.

Some of the advantages of Palm Oil in this region are the low cost of production, ample resources and the waste product is sold as fertilizer. There are vehicles, generators, and other engines in several countries currently utilizing Bio-Fuels exclusively.

The acquisition of Integrated Bio-Energy Resources creates a very promising opportunity for our shareholders. As part of the merger agreement the name of the company will be changing to Integrated Bio-Energy Resources and our current trading symbol "CKGR" will be changing upon the approval of the appropriate authorities. We welcome this wonderful opportunity and thank the majority of the shareholders for approving this acquisition and the Board of Directors unanimous approval effective November 1, 2006.

The Affiliates

The Chilmark Entertainment Group's present affiliate-partners are Chilmark Media Ltd, Chilmark Artist Development LLC, and Chilmark Music LLC, and Video B Gone, LLC. Chilmark Entertainment Group, Inc. holds or has an equity stake of a minimum of fifty percent (50%) in each affiliate. These affiliate companies are variously engaged in distributing mobile entertainment product, record production and sales, music publishing, blocking digital piracy, talent management, consulting, marketing and concert production. The Company's business model provides an ideal working environment for the present entrepreneur-affiliates. The affiliate's time, energy and creative skills can be focused on their projects and not on financing or other administrative matters.

Safe Harbor Forward-Looking Statements

Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the companies' actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.

Company Contact

Tom Dean

310-910-6597

SOURCE Chilmark Entertainment Group, Inc.

Tom Dean of Chilmark Entertainment Group, Inc., [phone]

http://www.prnewswire.com

Copyright (C) 2006 PR Newswire. All rights reserved



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