ALAS International Holdings, Inc. announces it has signed a contract with Trafalgar Energy Limited (TEL) to supply and operate a hotel accommodation and field work vessel for technical support at (TEL) the oil rigs in Nigeria, both companies will also formed joint venture company to operate this venture for five years, the vessel will be chartered to major oil Company. In addition Trafalgar Energy Ltd. has agreed to make and completely fund an outright purchase of the subject vessel from PVE and PVE has agreed take a portion of the purchase price to purchase an equity position in Trafalgar Energy Ltd. The business of the joint venture will be in accordance with its business plan which was approved by both parties to maximize achievable maintainable profits this agreement was made this 20th day of March 2013.