Green Energy Resources ( NASDAQ OTC GRGR )  has received a new export order for delivery of wood biomass to Europe.The order,  contracted in British pounds, is for 40,000 tons delivered  or about $2.6 million dollars. The shipment is subject to ship scheduling and planned for later this year. Record  european currency exchange rates are pushing buyer  interest and  demand for  biomass orders to Europe. The shipment will be the first biomass export to the UK from North America.

 High oil prices make alternative energy production very cost effective to power producers. Oil is nearing $80 per barrel and US consumption in 2007 is exceeding that of 2006. The US dollar is currently about .45cents to the British pound  and about .62 cents on the Euro. Green Energy Resources has targeted  a 20%  market share of European biomass imports by 2011. The European biomass market should exceed $1 billion dollars by 2010 according to various European agencies.

In other news, biomass continues to be the workhorse of  the renewable energy industry leading solar and wind energy production by more than double according to the US Department of Energy 2006 statistics. Wood for cellulostic ethanol continues to gain interest and momentum .Corn prices have skyrocketed due to the rush to make ethanol biofuels.

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.