LAS VEGAS, May 29, 2014 /PRNewswire/ - Bakken Energy
Corp formerly Orofino Gold Corp. ( OTC: ORFG) is pleased to
announce that its wholly owned subsidiary Nations Oil and Gas has
signed a letter of Intent with Indigo Resources, Ltd to set up
Joint Venture to access assets in Oil and Gas related properties in
the Uinta Basin.
The purpose of the Joint Venture between both parties is to
access Oil and Gas feed stock for Indigo and also to acquire land
for "rail terminals'' to deliver product. The plan is to do build
outs, get them permitted for leases, contracts, available resource
and intellectual property. Currently Indigo through the joint
venture intends to purchase up to 150,000 barrels of oil per week
through Nations Oil and Gas relationships in the Uinta Basin.
Michael Naumu, President of
Nations Oil and Gas stated, We could not be more pleased with our
relationship that has started with indigo to set up our joint
venute with them. They have the assets and we have the
relationships to do a tremendous amount of business together. We
plan to close this joint venture as soon as we can complete our
contracts for feed stock."
Forward-Looking Statements: These statements are not
guarantees of future performance and involve certain risks and
uncertainties that are difficult to predict. Actual results could
vary materially from the description contained herein due to many
risk factors that affect the industry the Company operates in and
other risk factors listed from time to time in the Company's
Securities and Exchange Commission (SEC) filings under "risk
factors" and elsewhere. The forward-looking statements contained in
this press release speak only as of the date on which they are
made, and the Company does not undertake any obligation to update
any forward-looking statement to reflect events or circumstances
after the date of this press release.
SOURCE Bakken Energy Corp.