LONGVIEW, Texas, Nov. 17, 2010 /PRNewswire/ -- Eagle Oil Holding
Company, Inc. (Pink Sheets: EGOH) ("Eagle Oil") announced
today that it has retained Petro Lucre LLC to provide merger &
acquisition advisory services. Eagle Oil plans to work with Petro
Lucre to explore mid to long term development strategies as well as
potential for joint venture arrangements on East Texas operations.
President Brian Wilmot said, "We
began working with Petro Lucre LLC over the last couple months to
explore opportunities as we prepare our 2011 production, merger
& acquisition objectives. Petro Lucre LLC was highly
recommended as a firm that could provide us project and finance
resources to expedite this plan and they have already introduced us
to working strategies and potential partners."
Petro Lucre LLC is a U.S.-based oil industry consulting
and vertically integrated investor relations firm that
works with private and public oil & gas companies to meet their
financing, merger, acquisition and development goals. Find out more
information here: http://PetroLucre.com
"We are very active in the East
Texas oil fields and work with our interests and contacts in
developing new ways to produce oil & gas through reworking and
using new techniques to maximize recovery. The Siler lease held by
Eagle Oil is what attracted us to the company and it is our
objective to find a strategy that will best work for the
shareholders and all parties involved," stated John Mink, General Manager of Petro Lucre
LLC.
Eagle Oil Holding Company, Inc. (Eagle) is a U.S. public company
in the oil and gas industry. The Company strategy is to secure
existing production fields and use modern techniques to increase
the amount of oil and gas flows from the fields. Find out more
information here: http://EagleOilHoldingCo.com
This is not an offer to buy or sell securities. Oil
investment carries very high risks. Please read our full disclaimer
before making any decisions.
http://PetroLucre.com/Disclaimer.html
SOURCE Eagle Oil Holding Company, Inc.