Apollo Resources International Closes on Stock Purchase of Bio-Diesel Producer.

DALLAS -- Apollo Resources International, Inc. (OTCBB:AOOR) today announced that the Company has completed a stock purchase agreement with Earth Biofuels, Inc., a producer and distributor of biodiesel fuels. Under the agreement, Apollo Resources owns 50% of the stock in Earth Biofuels, a pioneer

Biodiesel, the only EPA-certified alternative fuel under the Clean Air Act Section 211 (B), made headlines last October when President Bush and John Kerry debated alternative fuels during the presidential debates. Substantial biodiesel tax credits were signed into law shortly thereafter.

Tommy Johnson, CEO of Earth Biofuels, stated, "There are now several factors driving the economic viability of bio-diesel fuel production and distribution. The American JOBS Creation Act of 2004 has spurred investment in the industry through substantial tax benefits of up to $1.00 per gallon for producers of bio-diesel fuel, and the Commodity Credit Corporation is now subsidizing as much as $0.60 per gallon to the producers."

Earth Biofuels president, Bruce Blackwell, added, "To give an example of the level of demand, the US Department of Defense awarded a contract for over 400 million gallons of bio-diesel, yet less than 30 million gallons of biodiesel was produced domestically in all of 2004. We expect to see even more demand for biodiesel fuel due to events such as the B2 Minnesota Mandate signed in March, 2002 that is estimated to require 16 million gallons of biodiesel in 2005."

Added Mr. Johnson, "Other announcements such as John Deere's (NYSE:DE) announcement that it is using 2% biodiesel (B2) fuel as its preferred factory fill in the US, and DaimlerChrysler's (NYSE:DCX) announcement that its Jeep Liberty CRD vehicles will be fueled with soy-based B5 (5 percent biodiesel) at its plant in Toledo, Ohio continue to drive demand."

More information regarding biodiesel fuel can be found on the website, www.biodiesel.org.

Apollo Resources International is a public energy company focused on the acquisition and development of upstream oil & natural gas production assets. Additionally, the Company evaluates and develops existing and future alternative energy sources.

This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.