Business
RJD Green, Inc. Announces Earthlinc Environmental Enters Acquisition Discussion
RJD Green, Inc. Announces Earthlinc Environmental Enters Acquisition Discussion.
About this update from Rjd Green Inc.
[{"type":"text","content":"\n\n TULSA, OK, Feb. 21, 2018 (GLOBE NEWSWIRE) -- RJD Green, Inc. (OTC: RJDG), today announced the Earthlinc Environmental Division has entered formal discussions for acquisition of two operating oil & gas properties located strategically in the Mid-America region.\n  The combined properties reflect over 4,700 contiguous acres with existing production with net operating profit of over $33,000 monthly. The properties offer excellent drilling capability in 1,500 feet shallow well zoning. Both properties have complete geology reporting and engineered proven reserves. It is projected that with secondary enhancement of existing wells and an orderly drilling and completion program, revenue can be grown ten-fold.  RJD Green management states; “We hope to have reached terms of acquisition within thirty days. If an LOI agreement is reached, the targeted closing date would be within ninety days of reaching a letter of intent.” About Earthlinc Earthlinc Environmental Services Division is launching Field Services Operations focused on providing environmental related services initially in the energy sector.  Services include: management and implementation of emergency response and long-term remediation management and response. Related services which will offered include: tank battery construction, trucking, and oil & gas field maintenance, pipeline maintenance. Acquisition & operation of oil and gas properties is a parallel focus of the division About RJD Green, Inc.  The Company operates as a holding company with a focus of acquiring and managing assets and companies. RJD Green operates in three divisions: RJD Green Healthcare Services Division, which owns IOSOFT Inc., a company that provides discrete payment technologies, services and software that can be integrated into targeted offerings for healthcare provider networks, hospitals, healthcare payers and individual providers; Earthlinc Environmental Services Division, which provides green environmental services and technologies; and Silex Holdings Division, which is engaged in specialty construction and industrial manufacturing and fills a market niche between the Home Depots and local contractors. Silex offers installed granite/other counter tops, cabinets and related products to the residential builder, commercial contractor, remodel cont...