Business
Blue Earth Resources (OTCPINK: BERI) Letter to Shareholders
Blue Earth Resources (OTCPINK: BERI) Letter to Shareholders.
About this update from Blue Earth Resources, Inc.
[{"type":"text","content":"\n\n\n\n\n\n\n\nBlue Earth Resources (OTCPINK: BERI) Letter to Shareholders\n\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:\"0in\";\n}\n\n\n\n\n\n\n\n\n\n\nBlue Earth Resources (OTCPINK: BERI) Letter to Shareholders\n\nPR Newswire\n\nINVER GROVE HEIGHTS, Minn., May 6, 2013\n\n\n\n\n\n\n\nINVER GROVE HEIGHTS, Minn., May 6, 2013 /PRNewswire/ -- Petro Resources, Inc., a wholly owned subsidiary of Blue Earth Resources, Inc. (OTCPINK: BERI),\n\n\nDear Shareholders: \n\n\nAlthough 2012 was a difficult year for us, the Company is now well positioned for future success. We are optimistic about our change in our business strategy. \n\n\nBlue Earth Resources, Inc. (BERI) formerly Century Controls International, Inc. is a Utah corporation. Our operating subsidiary, PetroResources, Inc. (Petro) was incorporated in Nevada in 2006. Petro has engaged in the acquisition and asset management of royalty, and overriding royalty interests, and/or non-operating working interests in producing oil and gas properties in the United States. \n\n\nIn early 2013 the Board of Directors and the management team of Blue Earth determined a fundamental shift in its business model from acquiring non-operating working interest well to active well operations and acquiring majority interest in its wells. This change was brought about through the acquisition of key management and properties in Louisiana and Texas. The management team brings over 80 years of experience in the oil and gas industry. With the addition of 2 new key oil & gas management and board personnel BERI has become unique in the sense that BERI...