Far Vista Petroleum Corp Announces a Major Development That May Increase Shareholders Value By Tenfold
September 26 2013 - 9:05AM
Access Wire
Levittown,
NY, September 26, 2013 - (Accesswire) - Far Vista
Petroleum Corp. (OTCPink: FVSTA) is pleased to announce an
impressive opportunity for the Company and its
shareholders.
The
Company had announced on July 15, 2013 that it is interacting with
Russian operators in the oil/gas industry with the goal of building
a strong vertically integrated petroleum company based on
opportunities available in the Russian Federation. This will be
accomplished through acquisitions of interests to develop crude oil
sites with proven reserves by means of equity investment or joint
ventures in oil/gas operations. Its first acquisition is that of
CJSC Chedty Neft.
The
Board has been presented with a compelling proposition and will
study the matter over the coming days and then report to its
shareholders this coming Tuesday, October 1st at 4:00PM. This
additional project shall exceed all expectations of the Company's
plan for growth and shall maximize the Company's revenues
substantially.
The
President adds, "Our main goal is to increase our footprint in this
industry and, this proposition may augment shareholders' value
tenfold. We are moving in a much faster rate than
expected."
About Far
Vista Petroleum Corp
Far Vista
Petroleum Corp has the business objectives of interacting with
Russian operators in the oil/gas industry with the goal of building
a strong vertically integrated petroleum company based on
opportunities available in the Russian Federation. This will be
accomplished through acquisitions of interests to develop crude oil
sites with proven reserves by means of equity investment or joint
ventures in oil/gas operations. Its first acquisition is that of
CJSC Chedty Neft.
Contact:
Maxim
Sushchenko
EMAIL:
info@farvistapetro.com
Forward-Looking
Statements
This news
release contains "forward-looking statements," as that term is
defined in Section 27A of the United States Securities Act of 1933
and Section 21E of the Securities Exchange Act of 1934. Statements
in this press release that are not purely historical are
forward-looking statements and include any statements regarding
beliefs, plans, expectations or intentions regarding the
future.
Actual
results could differ from those projected in any forward-looking
statements due to numerous factors. Such factors include the
fluctuations in the price of gold and in the event of severe
weather conditions. These forward-looking statements are made as of
the date of this news release, and the Company assumes no
obligation to update the forward-looking statements, or to update
the reasons why actual results could differ from those projected in
the forward-looking statements. Although the Company believes that
any beliefs, plans, expectations and intentions contained in this
press release are reasonable, there can be no assurance that such
beliefs, plans, expectations or intentions will prove to be
accurate.
SOURCE
Far
Vista Petroleum Corp.
Far Vista Petroleum (CE) (USOTC:FVSTA)
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