Showing posts with label Press Release Announcement. Show all posts
Showing posts with label Press Release Announcement. Show all posts

Saturday, December 10, 2011

Say What!? Business Conversations Gone Crazy

Half the time I do get to meet people who are like this, a caricature of the industry:

I Don't Understand What Anyone Is Saying Anymore - Dan Pallotta - Harvard Business Review

I agree with Dan Palotta, people should just keep things straightforward because what they usually mouth off is pretty much garbage.

Monday, February 8, 2010

Press Release Sample Announcement of a New Project

A Press Release sample announcement of a new project  as part of their annual report to key investors.

Breitling Oil and Gas Corp. Readies 2009 Drilling Plan For BREITLING-STAR #1 Project

Breitling Oil and Gas Corp. plans to spud the BREITLING-STAR #1, its first well in its Hardman Basin project, in the forth quarter of 2009.

Breitling presently owns a 25% working interest in approximately 850 acres onshore in Hardeman County, Texas. This leasehold position consists of multiple separate target areas that have been selected for exploration with the first being the BREITLING-STAR #1 project. The acreage may be prospective for both oil and conventional gas production, the company reports.

The company reports that is currently preparing to close the final investor funding for the project and late December 2009 is the earliest window during which Breitling can efficiently drill, complete and test the BREITLING-STAR #1 well while maintaining a tight control on project costs.

In preparation for drilling the BREITLING-STAR #1 well, Breitling has identified a drilling rig, surveyed the proposed well location, completed the initial site permitting phase of the project, and secured all bonds required for drilling within Texas and secured James Smith & Associates as the drilling operator. Construction of the BREITLING-STAR #1 well pad and access road is expected to be completed in early December.

Breitling has current oil and gas exploration projects all over the United States.

Friday, January 29, 2010

Press Release Announcement of Acquisition of New Company

A Press Release sample announcement of an acquisition of new company
Breitling Oil and Gas Announces Acquisition of Oklahoma Oil and Gas Company

Breitling Oil and Gas Corporation, a growing oil and gas drilling and exploration company, is pleased to announce that it has in place a preliminary agreement for the purchase of Southwest Energy Exploration of Oklahoma City, OK.

Irving, TX, December 31, 2009 (PressReleasePoint) -- Breitling Oil and Gas Corporation, a growing oil and gas drilling and exploration company, is pleased to announce that it has in place a preliminary agreement for the purchase of Southwest Energy Exploration of Oklahoma City, OK. Under the confidential terms of the agreement, which will go into effect January 1, 2010, and is subject to a number of conditions including the receipt by both parties of certain consents and releases, Southwest Energy Exploration will be a wholly owned operating subsidiary of Breitling Oil and Gas.

The purchase includes all Southwest Energy Exploration property, equipment and leases of developable land in Oklahoma and Texas. Management, which has over 30 years experience in the industry, is contracted to remain with the business for a minimum of five years. Southwest Energy Exploration was started in 2004 and remains a local leader in oil and natural gas exploration within the State of Oklahoma.

Chris Faulkner, CEO of Breitling, commented, "We are excited to bring Southwest Energy Exploration on board and look forward to its quick integration into the Breitling family of companies.” Additionally, Parker Hallam, COO of Breitling was quoted as saying, “We look forward to a very healthy and productive 2010 and continuing to grow our business units and revenue while satisfying both our clients and shareholders alike."

About Breitling Oil and Gas Corporation
Breitling Oil and Gas was founded in April 2003 to apply state-of-the-art petroleum and natural gas exploration and extraction technology to the development of onshore oil and natural gas projects. Our focus areas include Texas, Oklahoma and Louisiana. Breitling offers oil and gas investment opportunities through direct participation programs and oil and gas investment joint ventures which enable investors to participate in the potential cash flow and unique tax benefits associated with oil and gas investments. Especially important in a downturned economy, oil and gas investments allow savvy investors to diversify and reinforce their investment portfolios with a stable commodity that is in steady demand.

About Southwest Energy Exploration
Southwest Energy Exploration is an Oklahoma-based oil and gas exploration, development and production company with current operations throughout Oklahoma. Founded in 2004, the experienced management team has aggressively sought to acquire select properties within Oklahoma which provides immediate positive cash flow and development opportunities for future years.