Houston / Kemah, Texas – August 15, 2011 Delta Seaboard International, Inc. (OTCBB: HMDI) ("Delta") reported an increase in revenues of $541,916, or 26.5%, to $2,586,998 for the three months ended June 30, 2011, compared to $2,045,082 for the three months ended June 30, 2010. During the six months ended June 30, 2011, Delta had revenues of $5,209,697, compared to $4,283,740 during the six-month period ended June 30, 2010, representing an increase of $925,957, or 21.6%. Rig service revenues increased for the three and six months ended June 30, 2011, compared to the same period in the prior year by $477,126 and $645,563, respectively.  Rig service revenues have increased due to major maintenance on two rigs during 2010.  These rigs are operating in 2011.  Pipe sales increased for the three and six months ended June 30, 2011, compared to the same period in the prior year by $64,790 and $280,394, respectively. Drilling activities have significantly increased during the six months ended June 30, 2011, compared to the same period in the prior year.

Delta had net income of $9,528 for the six months ended June 30, 2011, compared to a net loss of $802,290 for the six months ended June 30, 2010, an improvement of $811,818 from the prior period. Earnings before interest, taxes, depreciation and amortization ("EBITDA") for the six months ended June 30, 2011 was $300,684, or $0.00 per share, an improvement of $807,122, compared to EBITDA for the six months ended June 30, 2010, which reflected a loss of $506,438, or $0.01 per share. Our net income of $9,528 for the six months ended June 30, 2011 included interest expense, taxes, and depreciation and amortization of $75,534, $11,237, and $204,385, respectively. Our net loss of $802,290 for the six months ended June 30, 2010 included interest expense, taxes, and depreciation and amortization of $85,265, $10,276, and $200,311, respectively.

Delta had a net loss of $7,172 for the three months ended June 30, 2011, compared to a net loss of $134,568 for the three months ended June 30, 2010, an improvement of $127,396 from the prior period. Earnings before interest, taxes, depreciation and amortization ("EBITDA") for the three months ended June 30, 2011 was $144,624, or $0.00 per share, compared to $12,218, or $0.00 per share, for the three months ended June 30, 2010, an improvement of $132,406 from the prior period. Our net loss of $7,172 for the three months ended June 30, 2011 included interest expense, taxes, and depreciation and amortization of $35,699, $4,861, and $111,236, respectively. Our net loss of $134,568 for the three months ended June 30, 2010 included interest expense, taxes, and depreciation and amortization of $44,899, $4,878, and $97,009, respectively.

Operating expenses increased by $382,665, to $2,588,300 for the three months ended June 30, 2011, compared to operating expenses of $2,205,635 for the three months ended June 30, 2010. Operating expenses increased due to higher rig service and pipe revenues.  Operating expenses decreased by $625,664, to $5,163,260 for the six months ended June 30, 2011, compared to operating expenses of $5,788,924 for the six months ended June 30, 2010.  Cost of sales for the six months ended June 30, 2011 was $2,302,768, compared to $2,406,385 during the same period in the prior year, a decrease of $103,617.  Margins on pipe sales were 27% for the six months ended June 30, 2011, compared to 17% for the six months ended June 30, 2010. The increase in margins was due to the sale of high-priced pipe from inventory during the six months ended June 30, 2010. General and administrative expenses were $2,860,492 for the six months ended June 30, 2011, compared to $3,382,539 for the six-month period ended June 30, 2010, a decrease of $522,047 from the prior period.  For the six months ended June 30, 2010, general and administrative expenses include non-cash stock-based compensation of $858,790 primarily to the executive officers of Delta Seaboard in consideration for extending their employment agreements. Non-cash stock-based compensation for the six months ended June 30, 2011 was $127,500.  General and administrative expenses related to rig service revenues have increased as a result of the increase in revenues during the six months ended June 30, 2011, compared to the six months ended June 30, 2010.

Delta had an operating loss of $1,302 during the three months ended June 30, 2011, compared to $160,553 during the three months ended June 30, 2010, an improvement of $159,251 from the prior period. Delta had operating income of $46,437 during the six months ended June 30, 2011, compared to an operating loss of $1,505,184 during the six months ended June 30, 2010, an improvement of $1,551,621 from the prior period.

Other expenses during the three month period ended June 30, 2011 were $1,009, compared to other income of $30,863 during the same period in the prior year, a decrease in other income of $31,872 from the prior period. Other expenses during the six-month period ended June 30, 2011 were $25,672, compared to other income of $713,170 during the same period in the prior year, a decrease in other income of $738,842 from the prior period. Other income for the six months ended June 30, 2010 included the receipt of a $700,000 cash settlement for its claims in an insurance lawsuit.  Other income for the three and six months ended June 30, 2010 included $76,710 for a bankruptcy settlement with one of Delta's customers.

For more detailed information, please refer to our June 30, 2011 Form 10-Q filing with the SEC, which was filed on August 15, 2011.

Investor Relations: Rebekah Ruthstrom Tel: 281-334-9479 email: amin@americanii.com