December 4, 2013
Eagle Oil Holding Company (EGOH:OTC) is pleased to announce that it has sold
its Morrison lease and, simultaneously, acquired a net revenue interest in
another producing lease located in Venango County.
Eagle Oil has kept its Frank Farm lease which will now be the focus of
development since it only has 12 wells.
Connie Helwig stated that "I am pleased that Eagle Oil has now become a
producing oil company with the acquisition of a net revenue interest in a
producing lease. As part of our strategy
to focus on the most economical resource applications, this acquisition brings
benefit to both the company and its shareholders immediately."
The Company will provide further details on this acquisition shortly.
Forward- Looking Statements
Safe Harbor Statement: This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by Eagle Oil Holding Co. are ?forward-looking statements? within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the Company's expectations include, but are not limited to, those factors that are disclosed under the heading "Risk Factors" and elsewhere in documents filed by the Company from time to time with the United States Securities and Exchange Commission.
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