Green Stream Holdings Inc (GSFI)

[sharky]

Operator plans to begin the reconditioning of an initial group of 5 wells at the Company's East Texas field, and increase the groups of wells at 5 well intervals, until the total reaches 20 wells in the first round of development. Additionally, the Operator plans to also service the compliance requirements of the Texas Rail Road Commission.

The Agreement represents the continuing Company strategy to capitalize on its oil assets through outsourcing the reconditioning of its wells and restoring pumping operations with no additional capital from the Company. The Agreement will potentially include up to 120 wells. More details will be forth coming in the next few weeks.

About Eagle Oil: Eagle Oil (EGOH) (www.eagleoilholdingco.com) is an independent energy company in the East Texas oil and gas region. The Company owns a 73% working interest in 173 wells on its 927 acres located in the Historic Woodbine Oil Field.

The Operator is a Texas company that has been active in the US oil and gas market, including its own energy operations and production.