News

GREENHUNTER ENERGY ELECTS
RENATO T. BERTANI TO BOARD OF DIRECTORS

GRAPEVINE, TEXAS, October 3, 2007 - GreenHunter Energy, Inc. announced today Renato T. Bertani, age 54, has been elected as a director of the Company effective today.

Mr. Bertani is presently the President and CEO of Thompson & Knight Global Energy Services, LLC, a subsidiary of Thompson & Knight, an internationally recognized law firm established in 1887 with approximately 420 lawyers.

Up until December 2006, he previously served as President of Petrobras America, Inc., a subsidiary of the Brazilian state company based in Houston, Texas.  At Petrobras, Mr. Bertani was responsible for a successful investment plan and the construction of a portfolio of exploration and production assets, as well as the company’s acquisition and planned expansion of a major refinery in Pasadena, Texas.  Mr.  Bertani dedicated over 30 years of his professional and managerial services to Petrobras, having occupied several senior level management positions, among them Director of International E & P activities and Managing Director of Petrobras UK. Petrobras is also one of the largest traders of renewable fuels in the world.

Mr. Bertani has over 30 years of international experience in exploration and production projects, acquisitions, and divestments of assets located in several Latin American countries (particularly Brazil, Colombia, Bolivia, and Argentina), West Africa, UK, and the Gulf of Mexico. 

Mr. Bertani is Vice President of the World Petroleum Council, responsible for the technical program for the next World Petroleum Congress that will take place in Madrid, in 2008, and President of the Brazil Texas Chamber of Commerce. He also serves on the advisory board of the Center for International Studies of the St. Thomas University. Mr. Bertani holds a PH.D. in Sedimentary Geology and Geochemistry from the University of Illinois. 

Commenting on Mr. Bertani’s board election, Mr. Gary C. Evans, Chairman and CEO of GreenHunter Energy, Inc. stated, “We are delighted to add Renato Bertani to our Company’s Board of Directors.  He will become our Company’s first independent board member.  We are convinced that his reputation and business connections within Brazil and throughout Latin America will prove to be most valuable to GreenHunter Energy, especially as we expand our footprint not only here in the United States, but also internationally.”

GreenHunter Energy is focused on the renewable energy sectors of wind, solar, biofuels, and biomass power plants.  Our assets consist of leases of real property for future development of wind energy projects located in Montana, New Mexico and California, a former waste oil and chemical refinery currently being converted to the nation’s largest biodiesel refinery located in Houston, Texas, and a biomass power plant located in El Centro, California. Headquartered in Grapevine, Texas, GreenHunter Energy was formed to be the first publicly traded renewable energy company that provides to investors a portfolio of diversified assets in the alternative energy sector.

Forward-Looking Statements
Any statements in this press release about future expectations and prospects for GreenHunter Energy and its business and other statements containing the words “believes”, “anticipates”, “plans”, “expects”, “will” and similar expressions constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including the substantial capital expenditures required to fund its operations, the ability of the Company to implement its business plan, government regulation and competition. GreenHunter Energy undertakes no obligation to update these forward-looking statements in the future.

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For Further Information Contact:
GreenHunter Energy, Inc.
Gary C. Evans
1048 Texan Trail
Grapevine, TX 76051
Tel: (972) 410-1044