Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : The Microcap Kitchen: Stocks 5¢ to $5 -- Ignore unavailable to you. Want to Upgrade?

To: D. K. G. who wrote (30600)	3/16/2005 4:24:24 PM
From: ACAN	Respond to of 120406

D.K.G. AOOR - news on their plans for their ALTERNATIVE FUEL DEPOTS , etc.Press Release Source: Apollo Resources International, Inc. Last 0.74(high 84/ low 62) Apollo Resources International Announces Biodiesel Refinery Project Wednesday March 16, 2:07 pm ET Apollo Resources International Announces Biodiesel Refinery Project Wednesday March 16, 2:07 pm ET DALLAS--(BUSINESS WIRE)--March 16, 2005--Apollo Alternative Fuels, Inc., a wholly-owned subsidiary of Apollo Resources International, Inc. (OTCBB:AOOR - News), today announced that Earth Biofuels Inc. has selected southeastern Oklahoma as the location to construct its second biodiesel refinery. Apollo Alternative Fuels, through its 50% ownership in Earth Biofuels, will be the first biodiesel producer serving both the retail and wholesale markets in the state of Oklahoma and the Dallas/Fort Worth Metroplex area. The new biodiesel refinery is projected to produce approximately 10 million gallons of pure biodiesel fuel per year, which equates to 50 million gallons of blended government grade B20 biodiesel fuel per year. Earth Biofuels CEO, Tommy Johnson, stated, "Due to the nationwide private and government demand for biodiesel fuel, we wish to expand upon the success of our first biodiesel refinery in Mississippi. We plan to construct the refinery in conjunction with a local strategic partner. The state of Oklahoma, with its various state, local, and rural economic development incentives, as well as its proximity to fueling stations along the US-75 and I-35 highway corridors, makes this location an excellent choice for our new refinery's construction." Tommy Johnson, who also serves as President of Apollo Alternative Fuels, continued, "We anticipate announcing the execution of definitive agreements with our local strategic partner within 30 days." Apollo Resources International is a public energy company focused on the acquisition and development of upstream oil and natural gas production assets. Additionally, the Company evaluates and develops existing and future economically viable alternative energy sources. Allan