Business
Eagle Oil Holding (EGOH:OTC) Sells Morrison Lease and Acquires an NRI in a Producing Lease.
Eagle Oil Holding (EGOH:OTC) Sells Morrison Lease and Acquires an NRI in a Producing 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\nDecember 4, 2013 \n\nEagle Oil Holding Company (EGOH:OTC) is pleased to announce that it has sold\nits Morrison lease and, simultaneously, acquired a net revenue interest in\nanother producing lease located in Venango County. \n\nEagle Oil has kept its Frank Farm lease which will now be the focus of\ndevelopment since it only has 12 wells. \n\nConnie Helwig stated that \"I am pleased that Eagle Oil has now become a\nproducing oil company with the acquisition of a net revenue interest in a\nproducing lease. As part of our strategy\nto focus on the most economical resource applications, this acquisition brings\nbenefit to both the company and its shareholders immediately.\"\n\nThe Company will provide further details on this acquisition shortly. \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...