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Native American Energy Group Issues Letter to Shareholders Recapping 2012 Accomplishments and Commenting on Year Ahead

ID: 1184072

(firmenpresse) - LAKE SUCCESS, NY -- (Marketwire) -- 01/03/13 -- (OTCQB: NAGP) (the "Company" and "NAGP") today posted a letter to its shareholders on the Company's web site, found at .

In the letter, senior management provides its shareholders with insight into key 2012 accomplishments, including:

Removal of DTC Global Lock

Balance Sheet Enhancements

Settlement of Litigation

Status of Enhanced Oil Recovery (EOR) Program in the Williston Basin in Montana

Update on Coal Bed Methane Assets in Cook Inlet, Alaska

Assessing EOR Opportunities in Oklahoma

Management also comments on NAGP's primary goals and objectives for 2013 and beyond, highlighting the following:

Development of Its Valuable Energy Assets

Formulating Effective Capital Formation Strategies

Attaining Robust, Positive Cash Flow from Its Montana Enhanced Oil Recovery Projects

Advancing Its Pipeline of New Business Development Opportunities

To view the letter in its entirety, please go to .

Native American Energy Group, Inc. is a New York-based, energy resource development and management company.

Further information on the Company can be accessed on the web at the following links:
, and
or via email at .

This release, as well as media publications and videos accessible on the NAGP's website and social media pages such as YouTube, Facebook or Twitter, include "forward-looking statements" as defined by the Securities and Exchange Commission ("SEC"). These forward-looking statements represent the Company's present expectations or beliefs concerning future events. The Company cautions that such statements are necessarily based on certain assumptions which are subject to risks and uncertainties, including, but not limited to, the timing and extent of changes in commodity prices for oil and gas, drilling, development and operating risks, counterparty risk, competition, environmental risks, litigation uncertainties, the availability of drilling rigs, workover rigs and other support services, legislative and/or judicial decisions and other government or Tribal regulations which could cause actual results to differ materially from those indicated herein. Further information on our business, including the risks inherent therein, is included in our filings with the SEC.









FOR MORE INFORMATION:
HANOVER+ELITE
Dodi Handy or Kathy Addison
407-585-1080
or via email at


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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 03.01.2013 - 11:07 Uhr
Sprache: Deutsch
News-ID 1184072
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LAKE SUCCESS, NY


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Alternative Energy


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"Native American Energy Group Issues Letter to Shareholders Recapping 2012 Accomplishments and Commenting on Year Ahead
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