MGRN News:

April 30 - Monogram Energy, Inc. Completes Its First Sale

Monogram Energy, Inc. (OTC: MGRN), an independent energy company engaged in the acquisition, development, and exploitation of oil and gas properties, announced that the company has generated its first sale from the 5 wells on the T.W. Martin Lease. Monogram Energy is expecting to see continued increases in their revenue from the ongoing sale of their successful work-over projects and from future lease acquisitions. This sale, in the amount of $18,000.00, represents the first round of oil to be sold, and additional sales are expected to take place within the next 30 - 45 days.

With oil prices reaching as high as $119.00 a barrel, Monogram Energy, Inc. is positioning itself to capitalize from a growing domestic industry. "We are extremely pleased to get this first sale under our belts — it's just the beginning for us," stated Billy King, Chief Executive Officer of Monogram Energy, Inc. The company is looking to acquire another 6 - 8 leases by year's end. Mr. King became interested in the production of oil & gas during his ten years of employment as an attorney for the Halliburton Company, and with his representation of independent oil companies during his years as a private practitioner. Monogram Energy's goal is to maintain a high risk/reward profile, thereby enabling them to return the most value to its shareholders.