Wall Street Resources, Inc. Releases a Research Report on Arete Industries, Inc.
June 23 2011 - 7:49AM
Arête Industries, Inc. (OTCQB:ARET) today announces the release of
a Research Report on the Company by Mr. Paul Silver, Director of
Research for Wall Street Resources, Inc. The 25-page report
includes detailed information on the Company's business model,
products, industry, valuation, management and risks.
The free report is available at:
www.wallstreetresources.net/Arete.asp
Donald Prosser, Chairman and Chief Executive Officer of Arête
Industries, Inc. commented, "Following our recent acquisition of
certain oil and gas assets, Arête Industries is positioned to
report significant production and revenue growth over the next few
years. The report is a key part of articulating our growth
story to the investment community."
Paul Silver stated, "Arête Industries is an oil and gas play
with strong prospects. The Company owns leases in the Powder
River Basin, one of the richest petroleum provinces in the Rocky
Mountains. In addition to its leasehold properties, it is led by a
management team with over 50 years of combined experience in the
energy and financial markets."
Make sure you are first to receive timely information on Arête
Industries when it hits the newswire. Sign up for Arête's email
news alert system today at:
http://www.areteindustries.com/alerts
About the Company
The Company is the operator of a gas gathering system and holds
oil and gas properties in the Rocky Mountain Region of the United
States. For additional information on the Company visit our
website at http://www.areteindustries.com/
Statement as to Forward Looking Statements.
Certain statements contained herein, which are not historical,
are forward-looking statements that are subject to risks and
uncertainties not known or disclosed herein that could cause actual
results to differ materially from those expressed herein. These
statements may include projections and other "forward-looking
statements" within the meaning of the federal securities laws. Any
such projections or statements reflect Arête's current views about
future events and financial performance. No assurances can be given
that such events or performance will occur as projected and actual
results may differ materially from those projected. Important
factors that could cause the actual results to differ materially
from those projected include, without limitation, whether the
Company will be able to pay its $9.5 million promissory note due
July 1, 2011, the Company's dependence on its management, the
Company's lack of capital, changes in prices for crude oil and
natural gas, the ability of management to execute plans to meet the
Company's goals and other risks inherent in the Company's
businesses that are detailed in the Company's Securities and
Exchange Commission ("SEC") filings. Readers are encouraged to
review these risks in our SEC filings.
CONTACT: Arete Investor Relations:
Gerald Kieft
The WSR Group
772-219-7525
IR@theWSRgroup.com
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