Business
Eagle Oil Holding Company Inc. (EGOH:OTC) enters in to discussions to sell its Leases
Eagle Oil Holding Company Inc. (EGOH:OTC) enters in to discussions to sell its Leases.
About this update from Green Stream Holdings Inc.
[{"type":"text","content":"\n \n Normal\n 0\n \n \n \n \n \n \n MicrosoftInternetExplorer4\n \n\n\nEagle Oil Holding Company has entered in to discussions to\nsell its two\nleases, namely, the Frank Farm and Morrison lease. The discussions were\nunsolicited. Simultaneously with the sale, Eagle Oil will purchase a net\nrevenue interest in a producing oil lease as well as enter into another\njoint venture shortly thereafter.\n\nConnie Helwig states the following, \"The unsolicited interest in our two\nleases highlights their value. We have entered the beginning stages of\ndiscussions and, if this is fruitful, we will acquire a small net revenue\ninterest of a producing lease that will not require any additional capital.\nThe joint venture that we enter into, however, will need some additional\nmonies. Eagle Oil wants to continue to have a presence in Venango\n County,\nPennsylvania.\"\n\nUpdates will be forthcoming.\n\nForward- Looking Statements\n\nSafe Harbor Statement: This press release contains\nforward-looking statements that reflect the Company's current expectation\nregarding future events. Actual events could differ materially and\nsubstantially from those projected herein and depend on a number of factors.\nCertain statements in this release, and other written or oral statements made\nby Eagle Oil Holding Co. are ?forward-looking statements? within the meaning of\nSection 27A of the Securities Act of 1933 and Section 21E of the Securities\nExchange Act of 1934. You should not place undue reliance on forward-looking\nstatements since they involve known and unknown risks, uncertainties and other\nfactors which are, in some cases, beyond the Company's control and which could,\nand likely will, materially affect actual results, levels of activity,\nperformance or achievements. The Company assumes no obligation to publicly\nupdate or revise these forward-looking statements for any reason, or to update\nthe reasons actual results could differ materially from those anticipated in\nthese forward-looking statements, even if new information becomes available in\nthe future. Important factors that could cause actual results to differ\nmaterially from the Company's expectations include, but are not limited to,\nthose factors that are disclosed under the heading \"Risk Factors\" and\nelsewhere in documents filed by the Company from time to time with the United...