announcement out - guatemalan oil n gas

Clean Global Energy to Acquire Interest in Guatemalan Oil and Gas Projects
• Acquisition of interest in oil & gas blocks with combined 400,000 exploration acres in the highly prospective South Peten Basin of Guatemala
• 51-101 certified reserves identifying proved plus probable (P1 and P2) reserve estimates of 2.3 MMBBL
• First well of current drill program spudded in June 2012
• Substantial capital equipment and infrastructure on the project, including a drilling rig, completion rig, drilling tangibles, pipelines, production tanks, staff camp and airstrip