American International Ventures, Inc. has entered into a joint venture agreement with PT Musi Bumi Energi an Indonesia Corportion. MBE has an 8,855 hectare (21,881 acre) coal concession, located at Musi Banyuasin, South Sumatera, Indonesia. Coal reserves of approximately one hundred million (100,000,000) metric tons (Pre-Jorc estimate) of low rank subbituminous coal reserves located on said concession. The intent of this joint venture is to develop Coal to Liquids (CTL) plants using coal reserves located on the joint venture coal concessions. The first phase of this development will consist of one coal to liquid plant that consumes 2,000 tons of coal per day producing 8,000 barrels of Synthetic Crude Oil (SCO) per day.