Business
Eagle Oil Holding Company Inc. (EGOH:OTC) purchases the Morrison Lease
Eagle Oil Holding Company Inc. (EGOH:OTC) purchases the Morrison Lease.
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\nConnie Helwig, sole director of Eagle Oil Holding Company\nInc., is pleased to announce that the Morrison lease has been purchased\nby Eagle Oil from Drake Gold Resources Inc. (DKGR:OTC) in exchange for a\nconvertible note. \n\nThis large lease located in Venango County, Pennsylvania\nconsists of 396 acres with 60 wells. The Net Revenue Interest is 87.5%. Monies\nhave been wired to the operator to get a complete analysis of this lease\nas well as our previously acquired Frank Farm lease.\n\nMs. Helwig states the following, \"this new acquisition gives Eagle Oil a\nsignificant presence in Venango County, PA.\nWe intend to develop the lease by reworking the existing wells and drilling for\nnew wells.\"\n\nFurther updates will be forthcoming.\n\n \n\nForward- Looking\nStatements\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\nStates Securities and Exchange Commission.\n\nContact I...