Replies to post #10536 on Native American Energy Group Inc. (fka NAGP)

[davidmarkblack]

NAEG Announces Oil Sale and Purchase Agreement with Shell
FOREST HILLS, N.Y.—October 3, 2006 (BUSINESS WIRE)--

"Shell Trading buys and sells several million barrels of hydrocarbons per day in
physical markets, making it one of the largest petroleum supply and trading
organizations in the industry. The above SPA was consummated in August,
subsequent to the sample testing, approval and purchase, by Shell, of NAEG's
initial oil production from the Tribal 7-A and COX 7-1 wells located on the Fort
Peck Indian Reservation. Said contract shall be ongoing, and the purchase price
adjusted-to-market at regular intervals during which unlimited period, Shell will
acquire all future oil production from all NAEG wells in Montana."

http://www.nativeamericanenergy.com/pressreleases/shellpurchaseagreement.pdf