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Light Media and DCD Operating Partner to: Maximize Recoverable Oil and Gas Interests
Light Media and DCD Operating Partner to: Maximize Recoverable Oil and Gas Interests.
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[{"type":"text","content":"\t\t \t\t\t\t \t\tFOR IMMEDIATE RELEASE “Light Media and DCD Operating Partner to: Maximize Recoverable Oil and Gas Interests in Gillette, Wyoming\" \t\t\t\t November 1, 2010. Atlanta/Gillette. Further diversifying its portfolio, Light Media (OTC: LGMH) announced today that it has entered into a strategic alliance, with DCD Operating, granting Light Media the right to exclusively: (1) acquire 50% of DCD Operating; and (2) spearhead efforts to maximize DCD Operating's recoverable crude petroleum and natural gas interests located in Gillette, Wyoming (\"Energy Capital of the Nation\"). DCD Operating specializes in Crude Petroleum and Natural Gas extraction, in Wyoming, with over 28 years of oil and gas industry expertise. Financial terms of the transaction are undisclosed. For more information, click here: DCD Operating Oil and Gas Appraisal.\t\tIn \t\t2008, renowned Russian Petroleum expert \t\tDr. Vladimir Serebryakov\t\tauthored an appraisal of DCD Operating oil and gas interests estimating \t\tapproximately: 1,981,500 barrels of recoverable oil and \t\t1,420,400 mcf (thousand cubic feet) of recoverable natural \t\tgas. To view a copy of the 2008 DCD Operating ((61-pages) Appraisal Report \t\tcovering 28 Wells), click on the following link: DCD Operating Oil and Gas Appraisal (or copy/paste the following link in your web-browser to \t\tview the 2008 DCD Operating Inc. Appraisal Report): \t\t\t\thttps://acrobat.com/#d=xXAcyc6f57lDEVryud9jHw\t\t\t\t \t\t \tAbout Light Media:\tLight \t\tMedia (OTC: “LGMH”) is a diversified holding company for an array of assets. For more info., please \tvisit: \twww.LightMediaHoldings.com \tCautionary Note Regarding Forward-Looking Statements: This \t\tpress release contains statements, which may constitute \"forward-looking \t\tstatements\" within the meaning of the Securities Act of 1933 and the \t\tSecurities Exchange Act of 1934, as amended by the Private Securities \t\tLitigation Reform Act of 1995. Those statements include statements \t\tregarding the intent, belief or current expectations of Light Media (OTC: “LGMH”) \t\tand members of its management as well as the assumptions on which such \t\tstatements are based. Prospective investors are cautioned that any...