Native American Energy Group, Inc. Engages Sichenzia Ross Friedman Ference LLP as Special Counsel

FOREST HILLS, NY--(Marketwire - May 4, 2012) - Native American Energy Group, Inc. (OTCQB: NAGP) (PINKSHEETS: NAGP) announced today that they have retained attorney Harvey Kesner, Esq. of the New York law firm of Sichenzia Ross Friedman Ference LLP as Special Counsel to represent it in the Global Lock matter with the Depository Trust Company, subsidiary of Depository Trust & Clearing Corporation ("DTC"). NAGP has been seeking to re-establish full service clearance and settlement privileges with DTC in order to provide its shareholders with electronic clearance and settlement, which can only be authorized by DTC.

Recently, the Securities and Exchange Commission directed DTC to provide due process and appeal rights for issuers that are denied access to the full services of DTC. NAGP desires to facilitate the post-trade settlement of securities transactions and has pursued re-authorization with DTC for an extended period. NAGP's common stock is currently settled only by physical delivery of paper stock certificates.

About Native American Energy Group, Inc.
Native American Energy Group, Inc. is a New York-based, energy resource development and management company with three principal planned projects: development and management of its oil & gas interests and operations in the Williston Basin, Montana; development of coal-bed methane natural gas ("CBM") in the Cook Inlet Basin in Alaska; and planned implementation of vertical-axis wind turbine power generation technology for the production of clean, cost-efficient green energy on Native American tribal lands throughout the USA, including Alaska. Currently, NAGP is focused on its five well enhanced oil recovery program in the Williston Basin. For more information, please visit www.nativeamericanenergy.com or email NAGP@efcg.net.

Forward-Looking Statements
This release, (as well as media publications and videos accessible on our website and YouTube page: http://www.youtube.com/nativeamericanenergy), includes "forward-looking statements" as defined by the SEC. Any statements in this news release that are not historical facts are forward-looking statements that involve risks and uncertainties. Words such as "estimate," "expect," "would," "target," "goal," "potential," and forms of those words and others indicate forward-looking statements. These statements are based on certain assumptions made by the Company based on management's experience and perception of historical trends, current conditions, anticipated future developments and other factors believed to be appropriate. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company, which may cause actual results to differ materially from those implied or expressed by the forward-looking statements. Further information on our business are discussed in the Company's filings with the SEC, including its Annual Report on Form 10-K under the headings "Business" and "Management's Discussion and Analysis of Financial Condition and Results of Operations". Our business is subject to various risks and uncertainties, including those described in our Registration Statement on Form 10 filed with the SEC, under the heading "Risk Factors."