Enerlabs and BlueHawk Energy to merge

Enerlabs, Inc. and BlueHawk Energy, Inc. are merging and will take BlueHawk’s name. The newly merged corporation will operate under BlueHawk Energy, Inc.’s senior management, with oil and gas executive David Scull as its chief executive officer.

“We are extremely enthusiastic about the prospect of merging with Enerlabs, Inc. and the opportunity to take the Company in a significantly new, high growth direction,” said Mr. Scull. “The energy world is changing and we want to get out in front of those changes with our strategically focused vision and valuable export project.”

BlueHawk Energy, Inc. (BHE) is developing a natural gas product with intent to export to Asia. This project presents an important business opportunity, one that connects Asia’s significant natural gas demands with the United States’ abundant, lower cost natural gas supplies.

“The prospective merger with BlueHawk Energy, Inc. is a very unique and highly desirable opportunity for Enerlabs,” said George Shaw, CEO of Enerlabs. “BHE’s impressive project leverages our experience with upstream natural gas field development as well as energy related laboratory test services.”

BHE’s project has the same basic business model as that of one of the few publicly-traded U.S. energy companies which continues to trade at high levels: Cheniere Energy. This business model centers on three core characteristics: natural gas-based product; all production is exported and production is pre-sold via take or pay, long-term contracts.