Enterra Corp. (OTC-PINK: AUMY): Management Modification and Corporate Website Announcement
February 24 2014 - 12:30PM
Marketwired
Enterra Corp. (OTC-PINK: AUMY): Management Modification and
Corporate Website Announcement
SAN ANTONIO, TX--(Marketwired - Feb 24, 2014) - Enterra Corp.
(OTC-PINK: AUMY) is pleased to announce the release of its
corporate website, http://www.enterracorp.com, which provides an
in-depth description of the leases in Van Zandt County, Texas,
which currently produce approximately 60 barrels of oil per
day. Full production reports as filed with the Texas Railroad
Commission, spanning May through December, 2013, are
included. Enterra will receive its first oil payment from
sales made in the month of February, and each month thereafter.
The Company's Directors and
Officers have been replaced by: Thomas M. Gouger III, President and
Director; Amanda Hester, Secretary/Treasurer and Director; and
Lloyd Leo Tiller, Jr., Director and Chairman of the Board, all
residing in the State of Texas.
Enterra's strategy is 1) to
commence operations with the acquisition of a diversified portfolio
of producing oil wells for immediate revenue, 2) to add to this
portfolio with further acquisitions of producing wells, 3)
expanding with a drilling program of conservative, low-cost,
shallow-formation wells in a manner that can be supported by
existing oil revenue, and, 4) with these objectives having been
achieved, expanding to operations in deeper formations.
Some of the statements
contained in this press release are forward-looking statements and
information within the meaning of applicable securities laws.
Forward-looking statements and information can be identified by the
use of words such as "expects", "intends", "is expected",
"potential", "suggests" or variations of such words or phrases, or
statements that certain actions, events or results "may", "could",
"should", "would", "might" or "will" be taken, occur or be
achieved. Forward-looking statements and information are not
historical facts and are subject to a number of risks and
uncertainties beyond the company's control. Actual results and
developments are likely to differ, and may differ materially, from
those expressed or implied by the forward-looking statements
contained in this news release. Accordingly, readers should not
place undue reliance on forward-looking statements. The
Company undertakes no obligation to update publicly or otherwise
revise any forward-looking statements, except as may be required by
law.
Tom Gouger Tgouger@satx.rr.com
Uniti (NASDAQ:UNIT)
Historical Stock Chart
From Aug 2024 to Sep 2024
Uniti (NASDAQ:UNIT)
Historical Stock Chart
From Sep 2023 to Sep 2024