American Biofuels Inc C.ABS.H

RESULTS!!LAST YEARS TAE WELL DRILLED BY ODE!

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TransAmerican Energy logs significant oil and gas zones at Morton Field June 14, 2006 TransAmerican Energy Inc. (TSX-V Symbol: TAE) (“TransAmerican” or the “Company”) announces that we successfully cleaned out the previously drilled Ashland Rogers 10-4 well at Morton Field, Scott County, Mississippi to a depth of 14,700 feet and ran evaluation logs. A Baker-Atlas pulsed neutron log reveals over 300 feet of apparently undrained hydrocarbons in an interval immediately below previous perforations of 14342-48. Those perforations initially yielded over 600 barrels of oil per day in 1977. Mr. Gilbert Talafuse, the Company’s geologist, reported that in addition to the above interval, numerous other zones appear to be productive in the well. TransAmerican is installing test tanks and facilities and plans to test the well immediately _____________________________________________________________________ TransAmerican Energy Plans Deep Well Reentry in Morton Field April 20, 2006, Vancouver, British Columbia, TransAmerican Energy Inc. (TSX Venture: TAE) is pleased to announce that it is now preparing the location at Rogers Estate 10-4 #1 well in Morton Field, Scott County, Mississippi for a drilling rig. TransAmerican plans to reenter this well and drill out cement plugs that had been placed at the surface and at 14,300 feet in 1976. Subsequently, the isolating packer at 14,339 feet will be removed, the well is to be reperforated and then a test of the first perforated zone will again be conducted. The company also plans to run a new sophisticated cased hole log to evaluate several other zones in the well that appear productive. The estimated costs to reenter this well to 14,400 ft are approximately $250,000. _____________________________________________________________________