October 19, 2009 (FinancialWire) — Southwest Resources, Inc., formerly known as Apollo Drilling, Inc. (OTC: SWRS), announced that the company is in the process of redefining its corporate platform to include not only the development of petroleum-based production assets, but also to encompass the development and production of other natural resource assets such as raw specialty gases and precious metals. The new platform is a direct response to the current credit and equity markets and potential upswing in commodity prices.

Under the new corporate platform the company will take the following proactive steps:

 * Issue 1.5 million shares of common stock to Evolution Fuels, Inc. (Evolution) in settlement of a note payable of $150,000 owing to Evolution.

 * Acquire a majority and controlling interest in Duke Mining L.L.C. (Duke). Premere Resources, Inc., will own a minority and non- controlling interest in Duke Mining. Duke owns the mining rights to 640 acres of land in the state of Utah with significant placer deposits of precious metals.

 * Exchange a $710,000 note payable due to Premere Resources, Inc. for an 8% interest in Duke and a $200,000 note payable bearing an interest rate of 6.5% per annum.

 * Acquire 40 acres of oil and gas properties in Creek County, Oklahoma.

  * Actively pursue the accumulation of domestic oil and gas producing properties that will match the scale of the business and further expand the company’s asset base.

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