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Alaska Pacific Energy Corp Enters Agreement with Black Gold Energy
Alaska Pacific Energy Corp Enters Agreement with Black Gold Energy.
About this update from Alaska Pacific Energy Corp.
[{"type":"text","content":"\n \n Normal\n 0\n \n \n \n \n false\n false\n false\n \n EN-US\n X-NONE\n X-NONE\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\n\nAlaska\nPacific Energy Corp Enters Agreement with Black Gold Energy\n\nMiami\nFl. May 17, 2013. Alaska Pacific Energy Corp. (PINKSHEETS: ASKE) announced this\nmorning that it has issued has entered into a consulting landman agreement\nBlack Gold Energy. The terms of the agreement call for Black Gold Energy\nPresident Jack W. Holmes and his associates and staff to act as a Land Man for\nAlaska Pacific. Specifically Jack and his team will evaluate the various\nacquisition opportunities that the company is and will consider. Additionally\nthe team will search for and bring deals to the company for acquisition. \n\nUntil\nnow the company has been outsourcing this work on a case by case basis. “This\nprocess has proven to be too slow to get the job done” said Alaska Pacific\nEnergy President Dominick Falso. “I believe that this will help us close some\ndeals…more importantly this move will help us feel comfortable that we are\ngetting the right deal…the right value.”\n\nBlack Gold Energy is a Louisiana based\noil and gas acquisition company. Mr. Holmes and partners have over three\ndecades of experience in the oil and gas industry. Black Gold Energy owns and\nmanages minerals and royalties in approximately 500,000 acres with more than\n2,500 producing oil and gas wells across the United States. Mr. Holmes\nindicated that he is “very excited and optimistic about the working with Alaska\nPacific Energy.”\n\n“We are very close to getting the funds\nthat we need for the Eagle Ford Shale property that I have been talking about”\ncontinued Mr. Falso. “The funders simply needed some answers to due diligence\nquestions that require someone with Jack’s experience to handle. There are\nconference calls/meetings scheduled within immediate future that should button\nup this deal as well as possibly one or two more. Everything seems to take\nlonger than we would like but I am very enthusiastic about the progress…I will\nkeep you posted.”\n\nSafe\nHarbor Statement: This release includes “forward-looking statements” within the\nmeaning of Section 27A of the Securities Act of 1933, as amended,...