Listing Announcement of a rapidly expanding oil company (ticker IWPO): International Western Petroleum Corporation is admitted to GXG Markets FQ
(Thomson Reuters ONE) -
The Board of Directors of International Western Petroleum Corporation are
pleased to announce the company have been successfully listed on GXG Markets
First Quote with ticker symbol 'IWPO'. The company is advised by Agem Capital in
London.
International Western Petroleum Corporation is a New-Brunswick, Canada-based
global oil company specializing in value-added acquisitions of hydrocarbon
assets with a focus on the North-American region.
The company completed the acquisition of Texas-based International Western Oil
Corporation in 2013 with proven reserves and rich international track records.
As a revenue-generating production company, the new wholly owned subsidiary has
been recently restructured with equity injection by private placements, and has
been drilling new wells in the state of Texas, USA with successful results. The
subsidiary, which has a long history of successful international operations,
enhances asset based cashflow for International Western Petroleum. Thanks to a
globally competitive, strategically experienced management team, the company
secured several lucrative oil leases in the prolific Bend Arch region of West
Texas with very attractive hydrocarbon imaging geological survey results,
possessing approximately 1000 acres at present.
While significant capital is expected to be generated from oil sales from late
2013 on, the management of International Western Petroleum Corporation intends
to expand operations to acquire more production wells and new leases for new
explorations in West Texas, Tennessee, Oklahoma, Kentucky and Louisiana.
www.iwpetro.com
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: International Western Petroleum Corporation via Thomson Reuters ONE
[HUG#1725138]
Unternehmensinformation / Kurzprofil:
Datum: 04.09.2013 - 09:00 Uhr
Sprache: Deutsch
News-ID 293236
Anzahl Zeichen: 2399
contact information:
Town:
Moncton
Kategorie:
Business News
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