Business
KIT Announces Name Change to Bayou Bend Petroleum Ltd.
KIT Announces Name Change to Bayou Bend Petroleum Ltd..
About this update from Shamaran Petroleum Corp.
[{"type":"text","content":"\n\n\n\n/NOT FOR DISTRIBUTION TO A US NEWSWIRE SERVICE OR FOR DISSEMINATION IN\n\n\nTHE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY\n\n\nCONSTITUTE A VIOLATION OF US SECURITIES LAW./\n\n\nFiles Summary Report on Gas Prospects\n\n\nVANCOUVER, Feb. 7 /CNW/ - (KIT - TSXV) ... Kit Resources Ltd. (\"Kit\" or\n\"the Company\") is pleased to announce that the change of its name, to Bayou\nBend Petroleum Ltd., has been approved by the regulatory authorities.\nEffective with the commencement of trading on the TSX Venture Exchange on\nFebruary 9, 2007, the Company's shares will trade under its new name. The new\ntrading symbol will be \"BBP\".\n\n\nIn addition, the Company announces that it has received a summary report\non the oil and gas assets that it proposes to acquire as part of its\nacquisition of all of the membership interests of Summit Energy Company,\nL.L.C. The report, entitled \"Summary Report of Kit Resources Ltd.'s Interests\nin 15 Gas Prospects and One Re-Work Program in Marsh Island, Iberia Parish,\nLouisiana\" was prepared for the Company by Petrotech Engineering Ltd. and will\nbe filed on SEDAR, at www.sedar.com under the Company's profile.\n\n\nOn behalf of the Board\n\n\nKit Resources Ltd.\n\n\n\"Matthew J. Mason\"\n\n\n---------------------------\n\n\nMatthew J. Mason, President\n\n\nForward-looking statements: This document contains statements about\nexpected or anticipated future events and financial results that are\nforward-looking in nature and as a result, are subject to certain risks and\nuncertainties, such as general economic, market and business conditions, the\nregulatory process and actions, technical issues, new legislation, competitive\nand general economic factors and conditions, the uncertainties resulting from\npotential delays or changes in plans, the occurrence of unexpected events, and\nthe Company's capability to execute and implement its future plans. Actual\nresults may differ materially from those projected by management. For such\nstatements, we claim the safe harbour for forward-looking statements within\nthe meaning of the Private Securities Legislation Reform Act of 1995.\n\n\nThe TSX Venture Exchange has not reviewed and does not accept\n\n\nresponsibility for the adequacy or accuracy of this release.\n\n\n","length":2370,"tagName":"div"}]