Energy Finders, Inc. Announces Signing Of Final Contract

Dallas, TX — Energy Finders, Inc. announced that it has signed a definitive Earn-In Agreement with joint venture partners. The lead partner, Trinity Sands Energy LLC, et al, includes a professional staff of geologists and petroleum engineers with extensive experience in heavy oil projects.

The J.V. Group brings substantial capital and professional management expertise to the MEGA WEST PROJECT. Previously announced joint venture partner, Flair Petroleum, Inc. has withdrawn from the joint venture due to funding delays. A joint venture to develop a heavy oil and natural gas project in Southwest Texas was formed by International TME Resources, Inc., of which Energy Finders, Inc. is a principal partner. A total of 17,200 acres of land, more or less, has been acquired in the prospect MEGA WEST AREA. The Group has approved an additional lease budget of one million dollars.

The prospect is projected to contain more than 48 Million Barrels of recoverable Oil, per each 640 acres. A 60% recovery factor is projected for the Trinity Sands. The projected recoverable reserves for the current acreage block is 1.29 Billion Barrels of Oil.

Cores will be taken in the Trinity Oil Sands through the entire sand section. These cores will provide an update to previous cores that verify the existence of the Trinity Oil Sands. The sands measured 65% oil saturation, 30% porosity and permeabilities of 40,000 to 50,000 millidarcys.

Energy Finders, Inc. holds a 70% interest in the Joint Venture project while ITME earns a carried 30% net profit interest in the project and manages lease acquisition. Additional leases are currently being acquired.

SOURCE: Energy Finders, Inc.