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News Admin
 
Date
 28/11/2006
News Provider
 Mahamad Rodzi Abdul Ghani
News Source
 PRNewswire
Headline
 Chilmark Entertainment Group, Inc./Integrated Bio-Energy Resources, Inc. Announce Purchase of Acreage

27/11/06 NEW YORK (PRNewswire) -- Scott Wagman CEO and President -- Integrated Bio-Energy Resources, Inc. (OTC Pink Sheets: CKGR - News) announced today as the result of the Company's trip to the Caricom region that the Company has entered into an agreement to immediately purchase a 25% interest in 6,000 acres of palm oil farms.

The 6,000 acres are part of a 400,000 acre tract designated by the governments of the region for palm oil farming for Bio-Diesel Fuel. Upon completion of the building of the first plant and refinery, the additional 75% will be owned by Integrated.
 
The agreement allows for the balance of the 400,000 acres to be purchased as production requirements are needed to meet the operational needs of the refineries capacities. The Company plans to manage the entire process from farming through refining to control the quality and the price of the refined Bio-Diesel fuel.

This is one of the first steps in our plan to work closely with the governments and the growers in the region so that we can produce our goal of over 3 million gallons of Bio-Diesel fuel per day by the year 2012. The cooperation from all parties to this transaction helps to insure our over-all success."

Chilmark Entertainment Group, Inc. has merged with Integrated Bio-Energy Resources, Inc. and the company will change the name and the symbol to reflect the true business of the company in the near future.

Safe Harbor Forward-Looking Statements

Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the companies' actual results in future periods to differ materially from forecasted results. Such risks and uncertainties include, but are not limited to, market conditions, competitive factors, the ability to successfully complete additional financings and other risks.

ECONOMICS & INDUSTRY DEVELOPMENT DIVISION
Malaysian Palm Oil Board ( MPOB ) Lot 6, SS6, Jalan Perbandaran, 47301 Kelana Jaya, Selangor Darul Ehsan, MALAYSIA.
Tel : 603 - 7802 2800 || Fax : 603 - 7803 3533