DGAP-News: Northwest Oil&Gas Trading Company, Inc.: Wheeler-Gaswell has been opened to sales
(firmenpresse) - Northwest Oil&Gas Trading Company, Inc. / Key word(s): Miscellaneous
20.10.2010 16:15
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In addition to the Newsrelease last week, the company approves, that the
Wheeler-gaswell has been opened at Oct. 19th to sales. Pursuant to the
regulations production begun with a reduced pressure and will be increased
within the next four weeks. The monthly productionrate will be seen at the
homepage of the Alabama State Oil and Gas Board ( please look at
http://www.gsa.state.al.us/ogb/database.aspx - 'Well Name' = 'Northwest' ).
With that Northwest Oil&Gas Trading Company, Inc. performs to a
production company and looks forward to a stable and lasting cash flow.
About Northwest Oil&Gas Trading Company, Inc.: Northwest Oil&Gas
Trading Company, Inc. is a young and upcoming exploration and production
company pursuing the primary goal of activating or reactivating oil- and
gas-reserves.
Disclaimer/Predictive statements: This notification serves only general
purposes and is not meant as a tender to purchase or sell shares of
Northwest Oil&Gas Trading Company, Inc.. Some statements in this
notification are so-called forward-looking statements under the U.S.
Private Securities Litigation Reform Act of 1995. These assertions are
based on current expectations, estimates and forecasts as well as currently
available information. The future-oriented assertions are not to be
understood as guarantees of the cited prospective developments and results.
The statements are not based on historical background, but rather represent
predictive position statements and assumptions subject to risks and
uncertainties which could cause actual events or results to differ
materially from those reflected in the forward-looking statements and
assumptions, including, but not exclusively, certain delays beyond the
control of the company with respect to the beginning and duration of
exploration and production, uncertainties regarding future and/or
unexpected costs, fluctuations in commodity prices, the inability or
failure to obtain adequate financing on a timely basis, changes in the
national and local laws, contestations of legal possession of the property,
hazards effecting the environment, on-site accidents, unusual or unexpected
geological formations, flooding and other natural catastrophes, the risk of
inadequate insurance or the inability to conclude an insurance contract and
other risks, as well as also entirely unknown risks, uncertainties and
factors which could lead to situations where the actual results, financial
situation, developments or performance of the company considerably deviate
from those which were expressly or implicitly assumed in these statements
or assumptions. Should one or more of these risks and uncertainties
materialize, or should underlying assumptions prove incorrect, actual
results may vary materially from those described in forward-looking
statements.
Magnolia, October 20th, 2010
Northwest Oil&Gas Trading Company, Inc.
info(at)northwestoil.org
20.10.2010 16:15 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Datum: 20.10.2010 - 16:15 Uhr
Sprache: Deutsch
News-ID 32377
Anzahl Zeichen: 0
contact information:
Kategorie:
Business News
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