News | October 24, 2006

Heartland Energy Receives Shipment Of Ethanol Production Equipment

Alexandria, LA - Heartland Energy Group Inc. announced recently that it has received the shipment of ethanol production equipment from Dogwood Energy, LLC. As part of a previously signed agreement, Heartland Energy will exclusively sell and market Dogwood's full line of ethanol stills and related ethanol products in the Louisiana territory. In addition, the agreement grants Heartland Energy, first option rights to the territories of Arkansas, Texas, and Oklahoma.

Under the agreement, Flex Fuel America, Heartland Energy's product sales and marketing subsidiary, will represent Dogwood's full line of products including the home- and farm-based ethanol still, Bio-Diesel Production kit, and several ancillary alternative energy related products. Ethanol can be produced through a home-based distilling process utilizing ethanol stills. These stills enable the annual production of ten thousand gallons of ethanol for home-based stills and ten million gallons for larger commercial based stills.

Ethanol Industry
The growing interest in ethanol, a clean, corn-based renewable resource, has paralleled the escalating price of gas and the urgent need to break the country's dependence on crude oil. Recently, the three automobile manufacturers, GM, Ford, and DaimlerChrysler, appealed to Congress for incentives to increase the number of gas stations that offer blends of ethanol. Last year, Microsoft co-founder Bill Gates pumped $84M into Pacific Ethanol. Sir Richard Branson, chairman of the Virgin Group and worth an estimated $3B, has plans to invest $300 to $400 M to produce and market this alternative fuel.

SOURCE: Heartland Energy Group Inc.