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Nevtah/Black Sands Energy's Oil Sands Extraction Technology Presented to Government Officials in Utah

Nevtah Capital Management (PINKSHEETS: NTAH) and its joint venture partner, Black Sands Energy, will present a patented technology and the efficiently working extraction unit to a variety of government officials on Tuesday, October 30, 2007 at 10:00 in the morning in Salt Lake City, Utah. The presentation will include a brief 6 minute video which gives an overview of the technology and details of the working extraction unit (view the video at http://youtube.com/watch?v=dBDWGPbrj54). This will be followed by a presentation by Mr. Frank Glinton, President of Black Sands Energy Corporation.

In attendance will be representatives of Governor Jon Huntsman, Jr., representatives of Senator Orrin Hatch and Senator Robert Bennett, as well as commissioners and departments that oversee Utah's land leases. Additionally, representatives from Utah's Department of Energy, Utah's Energy Advisory Board, and various energy experts are expected to attend. Also in attendance will be representatives from several major oil companies and major investors in Utah.

Among other topics that will be discussed will be the acquisition of new leases and establishing a working relationship and coordination with the Utah's government in order to complete the building and installation of the joint venture's first commercial (up-scaled, with a capacity of over 2,000 barrels of oil per day) closed-loop extraction units in Utah. This patented, closed-loop production process uses benign, non-toxic solvents, so that both cost and environmental impact issues are solved. Direct mining and extraction costs are estimated at $12.00 to $13.00 USD per barrel, which offers payouts similar to conventional oil drilling and produces oil with an API of 18-20.

This patented, closed-loop extraction process was featured in a June 2007 Report issued by the U.S. Department of Energy and the offices of Petroleum Reserves, Naval Petroleum and Oil Shale Reserves. The Report, titled "Secure Fuels From Domestic Resources, The Continuing Evolution of America's Oil Shale & Tar Sands Industries," was posted on the DOE/FE/Petroleum Reserves website and can be viewed in it's entirety on the Company's website home page: www.nevtahoilsands.com.

For more information, please contact Paul Davey, Investor Services at 778-389-0915 or email: paul@nevtahoilsands.com. Or contact Daniel P. Kesonen, Chairman & CEO of Nevtah Capital Management at 561-626-9901.

Nevtah Capital Management adheres to the provisions, regulations and specifications of the Safe Harbor Act.