Tanke, Inc. announced New Joint Venture Agreement with Trophy Resources, Inc. The Agreement provides for an 'exclusivity contract' with Trophy Resources, Inc. for oil and gas properties. Initial leases in the first stage of the Agreement will be for mineral rights for 10 years. As the project moves forward, additional leases will be identified and added to the joint venture. This joint venture agreement is planned to be the stepping stone to a larger and potentially a major scale oil and gas development project on lands that have conventional oil and gas and heavy oil reserves. These mineral rights are not wildcat exploration as there is regional oil and gas development and infrastructure supporting this project. The near-term goal will be identifying targets that can quickly be brought on production in 2018 by using step out drilling opportunities and thus provide cash flow for both Trophy Resources, Inc. and Tanke, Inc. Longer term development plans will be put in place to best develop the opportunities established in this relationship.