ESP Resources, Inc. (OTCBB:ESPI) (the "Company" or "ESP Resources"), an oil and gas services company offering analytical services and essential custom-blended oil and gas well chemicals which improve production yields and overall efficiencies, announced that it has signed a Reseller and License Agreement ("Agreement") with a Cyprus-based petroleum trade company, HY-Test Petroleum Limited, ("HY-Test"), as the exclusive reseller of the Company's petrochemical products in Germany, France, United Kingdom, Netherlands, Belgium, Sweden, Norway, Denmark, Kazakhstan, Luxembourg, Azerbaijan, Indonesia, Malaysia and Singapore.

HY-Test maintains representative offices in the Netherlands and Indonesia and supplies materials to clients within the oil and gas, chemical and petrochemical, corrosion protection, pipeline construction and refining industries. HY-Test has extensive relationships with several of the national oil companies and international pipeline companies located in the represented countries in Europe and the Far East.

The Agreement is for an initial term of two years and is subject to minimum purchase requirements by HY-Test. Through this Agreement, the Company anticipates testing opportunities to begin in several of the represented countries during the 3rd and 4th quarters of 2011. One of the Company's senior field technicians has been assigned to HY-Test to test several products in the Company's petrochemical product system in conjunction with the current activities of HY-Test within the next 90 days. ESP Resources expects that the recently signed agreement with BPT Americas, in conjunction with the HY-Test agreement, will provide it with a significant geographic chemical product representation on several continents.

"Based on our meetings with HY-Test, they expect frequent evaluations of our entire petrochemical product line to occur in the near future so that they can continue to expand our products and services to the countries assigned in our agreement," stated David Dugas, President of ESP Resources. "As we boost our testing activities in the contract countries over the next six months, the impact on our company's growth can be significant for our revenue, profits and our international presence," Dugas stated further.

About ESP Resources, Inc.:

ESP Resources, Inc. is a publicly-traded (OTCBB:ESPI) oil and gas services company offering analytical services and essential custom-blended oil and gas well chemicals which improve production yields and overall efficiencies. Through its wholly owned subsidiary, ESP Petrochemicals, Inc., the Company distributes its product line throughout the oil and gas producing regions of Louisiana, Texas, Mississippi, Alabama, Arkansas and Oklahoma. The Company also distributes internationally though oil and gas service companies in other prolific oil and gas well regions throughout the world. The Company's senior management has over 100 years of combined operating experience in the petrochemical industry. More information is available on the Company's Website at www.espchem.com.

Legal Notice Regarding Forward-Looking Statements:

This press release contains "forward looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Forward looking statements are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective," "prospective," and similar expressions or that events or conditions "will," "would," "may," "can," "could" or "should" occur. Information concerning oil or natural gas reserve estimates may also be deemed to be forward looking statements, as it constitutes a prediction of what might be found to be present when and if a project is actually developed. Actual results may differ materially from those currently anticipated due to a number of factors beyond the reasonable control of the Company. It is important to note that actual outcomes and actual results could differ materially from those in such forward-looking statements.

Readers are cautioned not to place undue reliance on the forward-looking statements made in this press release. In evaluating these statements, you should consider the risks discussed, from time to time, in the reports we file with the U.S. Securities & Exchange Commission. For a discussion of some of the risks and important factors that could affect the Company's future results and financial condition, see the Company's Form 10-Ks and 10-Qs on file with the U.S. Securities & Exchange Commission.

CONTACT: David Dugas, President
         ESP Resources, Inc.
         david.dugas@espchem.com
         (337) 706-7056