Xfuels Inc (XFLS)

[Jose Chavez]

Mr. Michael McLaren, CEO states: “This acquisition makes the most economical sense for the company & its shareholders as commodity & fuel prices continue to increase. We will be able to keep our rig movements to a minimum and cut diesel usage. Our team in Texas is already working to evaluate these properties and eager to get focused on the project and push these leases to their maximum potential.” Mr. McLaren further states, “As stated before our business strategy of "Acquire, Restore, Produce and Consolidate" fits perfectly with these leases & existing contracts where we can apply our world-class know how and stimulation technologies to maximize the potential of the production.”