SOURCE: Maverick Energy Group LTD

April 12, 2007 10:22 ET

Maverick Energy Group, LTD Retains Phoenix IR Associates for Shareholder Relations Program

SAN ANTONIO, TX -- (MARKET WIRE) -- April 12, 2007 -- Maverick Energy Group, LTD (PINKSHEETS: MKGP) a member of Z2, LLC (Z2) is pleased to announce the retention of Houston, Texas-based Phoenix IR Associates, Inc. to design and execute a fully integrated, interactive shareholder relations program for the company. Phoenix was chosen primarily because of the extensive experience its staff has working with emerging companies in the oil and gas industry.

The goal of the program will be to increase the flow of news and information from Maverick Energy to its shareholders and the general public as well as to make it easier for interested parties to speak with an authorized Maverick representative immediately when they have questions concerning the company and its operations.

"Maverick Energy holds its shareholders in the highest esteem and understands the importance of keeping them informed of developments within the company. Phoenix IR Associates has proven that it truly understands our industry as well as what matters most to the shareholders of rapidly growing companies like ours. This is why we have chosen Phoenix IR Associates to coordinate our shareholder relations program. This move will provide Maverick Energy's shareholders with a dedicated representative that is always available to personally provide the most up-to-date company information while also allowing our management team to concentrate on growing our company and building long-term shareholder equity," says Jim McCabe, CEO of Maverick Energy Group, LTD.

About Maverick Energy Group, LTD

Maverick Energy Group LTD, based in San Antonio, TX, is engaged in the domestic exploration and production of crude oil and natural gas. Its management team has over 150 combined years of experience in the oil & gas and financial services industries. Maverick Energy is the Operator of the "Big Foot Field" in Texas, which was originally developed by Royal Dutch Shell (RDS-A). The Big Foot Field has approximately 300 production wells in the field of which approximately 240 are presently revenue producing. Maverick is also the part owner of several producing natural gas wells and owns additional natural gas leases in West Virginia. The President of Maverick also serves as Chief Financial Officer of Z2, LLC. For more information on Maverick Energy, please visit the company's website at: or

This release includes forward-looking statements, which are based on certain assumptions and reflects management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: general global economic conditions; general industry and market conditions and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify and develop and achieve commercial success for new products and technologies; the level of expenditures necessary to maintain and improve the quality of products and services; changes in technology; changes in laws and regulations, includes codes and standards, intellectual property rights, and tax matters; the uncertainty of the oil & gas market; including the geopolitical environment not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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