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Monday, 10/27/2003 10:21:24 AM

Monday, October 27, 2003 10:21:24 AM

Post# of 7045
APXR news.....
SALT LAKE CITY, Oct 27, 2003 (BUSINESS WIRE) --

Apex Resources Group (OTCBB:APXR) announces signing of gas well drilling agreement.

Apex Resources Group Inc. has signed an agreement to participate in a gas well drilling prospect in Goliad County, Texas at Manahuilla Creek. The operator, PB Energy USA, Inc. has agreed to assign to Western Gas Corporation 2.5% Participating Interest Share in the prospect for a cost of $7,500.00. Western Gas will have a net revenue share of 1.875% of 75% of the well upon completion. PB Energy expects drilling to a depth of 6400 feet to begin in the Spring of 2004.

Apex has taken the time to redesign the website. Information on existing projects has been updated and posting materials will be much easier. The new design should also be clear and easy for visitors to navigate.

By the Board of Directors Apex Resources Group Inc. Investor Relations - Roger Reynolds Suite 1600 - 136 East South Temple Salt Lake City, Utah, 84111 801 363.2599 www.apexresourcesgroup.com

The foregoing contains forward looking statements. For this purpose any statements contained in this document that are not statements of historical fact may be deemed to be forward looking statements. Without limiting the foregoing, such words as 'may', 'will', 'believes', 'anticipates', 'estimates', 'continue', or comparable terminology intends to identify forward looking statements. These statements by their nature involve substantial risks and uncertainties and actual results may differ materially depending upon a variety of factors, including but not limited to, the successful negotiation and execution of the definitive acquisition agreement and receipt of certain exhibits and schedules requested by Apex Resources Group Inc.

SOURCE: Apex Resources Group Inc.

Apex Resources Group Inc. Roger Reynolds, 801-363-2599 (Investor Relations)




"Aim low Sheriff...They're ride'n snakes"
as usual...JMHO..SMD

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