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To: DanielleC who wrote (3733)	7/28/2000 9:45:51 AM
From: DanielleC	Read Replies (1) \| Respond to of 17315

Found this on OKOK: About Oklahoma Energy Update coming SOON! The Company's properties consist of 104 acres located in Cyril, Oklahoma on which is located an oil refinery capable of producing up to 5,000 barrels of oil per day. The refinery includes tanks to store crude oil and related products, an office building, a lunch and changing facility, a test lab and computer facility, a warehouse and shop and a truck loading facility. The Company is now pursuing financing which will enable it to renew its financing arrangements and allow it to start up operations of the Cyril Refinery again. Management expects to commence as soon as feasible storage for crude oil for the Federal government and others in the existing tank farm, utilizing the nearby Enron facilities/pipelines. The next phase is the start-up of the refinery and distribution of the hydrogen. Management intends to engage in the manufacture and distribution of mobile fuel cells for automobiles, trucks and buses. The primary function of the refinery will be to concentrate on the development of alternative fuel resources, particularly hydrogen. Management believes the railroad at site is cable of the efficient distribution of hydrogen fuel cells for stationary power systems for commercial and residential uses. The EPA process and the development of the hydrogen technology are expected to extend over a period of 4-7 years. Hydrogen is an abundant natural pollution-free alternative fuel that is anticipated to power energy needs for the 21st century. The unique centralized location of the Oklahoma refinery is ideally located to serve North American demand for hydrogen energy and to be a nucleus in the evolving market place for alternative fuels. The logistical position of the improved refinery is capable of assisting the embryonic trend to environmentally safer, less expensive energy resources. Although, there are vastly larger energy companies that have infinite financial resources to advance into the alternative fuel market. Management intends to maintain the current status quo as it aggressively seeks the fulfillment of its strategic goals. The Company expects by June 2000 to conclude its negotiations with Region Six of the Environmental Protection Agency and the State of Oklahoma. Management intends to obtain the requisite permits from the necessary government agencies to reconstruct and reactivate the existing refinery after the clean-up in compliance with EPA requirements. President and Chief Executive Officer Jan Schutze became President in April 2000. Mr. Schutze is a geologist, specializing in environmental management. Contact Number: Outstanding Shares: 47,530,755 Estimated Float: source: Filings with the SEC by OKOK