SEATTLE, Nov. 16, 2011 /PRNewswire/ — GeoBio Energy, Inc. (OTC: GBOE) (“GeoBio”) announced today the purchase of El Gas North America, LLC. The transaction closed on November 14, 2011. Larry Shelver, CEO of Geo Bio said today, “We are pleased to add El Gas North America and its General Manager, Mark Cangany, to our growing company. Mark brings a wealth of knowledge and years of experience in the gas services sector. His knowledge of the market will be invaluable.” El Gas North America, based in Houston, Texas, is the exclusive distributor in North America of the natural gas volume monitoring and correcting equipment and data recorder products of Czech Republic based, El Gas s.r.o.

The oil and gas industry historically customarily used pressure monitoring as the primary measure of quantity and for ensuring safety during production, transportation, and storage of the various petroleum products.

Until recently, the rotary 7, 14 or 30 day chart recorder has been the “standard” of many industries. These recorders use a round paper chart divided into daily segments and use inked pens on swing arms to record pressures and temperatures as lines on the slowly rotating chart. These charts are retrieved by a worker at a certain interval, a new chart installed, and the pens re-inked. The information is transported back to the office where it is recorded and readied for analysis.

The drawback to these “recorders” is that they have no ability to report in real time. Many cases of equipment failure over the years have been attributed to the lack of real time ability in these recorders.

El Gas North America markets a direct replacement, battery operated, solid-state unit for natural gas chart recorders that require no charts or weekly maintenance visits. The batteries for El Gas North America’s units only need to be replaced approximately every six years. The unit has the ability to transmit all data acquired via landline, cell and or FM modem, for downloading the data into the customer’s computer system at whatever interval the customer requests.

Pressure is mounting from the various environmental and regulatory agencies to incorporate this technology into the oil and gas companies operations and safety plans. Under the BAT (Best Available Technology) requirements, the major natural gas companies are this solution.

El Gas North America has the advantage of marketing a unit that has been successfully used in Europe for many years. The US competitors’ products in the natural gas data recording market have experienced reliability problems or units that do not zero in on the needs of the petroleum industry.

While the initial marketing will be primarily to large Natural Gas distributors in major metropolitan areas because of the large number of units potentially being purchased, the units have very wide use in the drilling, fracing, and well monitoring arena in North America. Virtually every gas well in production could use a wireless pressure monitor.

Sale of the products in the United States and Canada is subject to El Gas North America receiving UL approval and CSA approval, respectively, which applications are underway and which El Gas North America expects to receive by the close of January 2012. El Gas North America’s licensor, El Gas s.r.o., has APEX approval, the European equivalent required certification, on the products in Europe.

Mark Cangany of El Gas North America, commented, “I’m excited to be working with GeoBio and its management, which will provide additional experience and connections to help El Gas North America grow.”

About GeoBio Energy:

GeoBio Energy’s business model emphasizes the acquisition and operation of existing companies in the oil and gas services and energy industry. As oil and gas exploration continues in response to rising demand, preparing and monitoring drilling sites and obtaining peak production and efficiency from existing, aging wells becomes increasingly beneficial. GeoBio believes this demand to be a significant growth opportunity in its strategy to combine and consolidate companies in the oil and natural gas services and supporting products sector. Visit GeoBio’s web site: http://geobioinc.com

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This Press Release may contain forward-looking statements which can be generally identified as such because the context of the statement will include the words such as GBOE “expects,” “should,” “believes,” “intends,” “anticipates” or words of similar import. Such forward-looking statements are subject to certain risks and uncertainties including the financial performance of GBOE, which could cause actual results, performance or achievements of GBOE to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements.

This Press Release does not constitute or form any part of any offer or invitation to sell or issue or any solicitation of any offer to purchase or subscribe for any securities in any jurisdiction, nor shall it (or any part of it) or the fact of its distribution form the basis of, or be relied upon in connection with, or act as any inducement to enter into, any contract or commitment therefore.

“Forward-looking statements,” as defined in the Private Securities Litigation Reform Act of 1995, may be included in this press release. These statements relate to future events and/or our future financial performance. These statements are only predictions and may differ materially from actual future events or results. GBOE disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. Risks particularly associated with our current business include, but are not limited to the risks associated with our ability to (i) obtain UL approval and CSA approval FOR SALE OF El Gas North America’s products in the US and Canada (ii) obtain the necessary financing to complete and capitalize our prospective acquisitions and other targeted companies and to finance operations and generate sufficient revenue and obtain profitability, (iii) obtain additional financing as needed, (iv) manage changes in general economic and business conditions (both generally and in the natural gas and oil services and the energy industry), (v) react to actions of our competitors, (vi) develop new services and markets for our services, (vii) identify and manage risks in connection with acquisitions (viii) evaluate and effect the level of demand and market acceptance of our services and (ix) make necessary changes to our business strategies.

CONTACT: GeoBio Energy Corporation
Investor Relations
Joseph J. Malone
www.valuecorptrading.com
786-375-0556
info@geobioinc.com

SOURCE GeoBio Energy, Inc.