Hallmark Venture Group, Inc. (OTC: HLLK) announced today that its subsidiary, Humble Energy, Inc., has completed the acquisition of 60 producing natural gas wells in the Oklahoma/Arkansas gas fields. This brings the total number of wells owned by Humble Energy, Inc. to eighty-three (83). Humble Energy, Inc. is a natural gas producing company that receives royalties on the operation of gas wells. The maintenance and servicing of the wells is contracted to major oil and gas producing companies in the area.

Hallmark Venture Group, Inc. is developing Humble Energy, Inc. to take advantage of the tremendous demand for energy in the United States. A number of experts, such as T. Boone Pickens, and CNBC commentator, Chris Jarvis, have stated that natural gas is the only practical solution to the energy shortage. A battery can’t move an 18-wheeler truck. The technology isn’t there yet. Natural gas is the only present alternative. Many commercial vehicles have already converted to natural gas such as buses, taxis, and service trucks. This trend is just beginning. Humble Energy, Inc. plans to continue acquiring natural gas wells as rapidly as possible to take advantage of the expected growth in this industry in the near future. Hallmark Venture Group, Inc.’s president, Robert L. Cashman, states: “By purchasing existing, producing wells we eliminate most of the risk in the natural gas industry. We will never have the problem of drilling a dry hole! This business plan makes Humble Energy, Inc. profitable from day one.”

Hallmark Venture Group, Inc. is a mini-venture fund, investing in small to medium size companies that have the potential to grow rapidly and benefit from being a public company. As the companies develop, Hallmark leads them through the steps to become public causing Hallmark Venture Group, Inc. to enjoy a significant increase in its investment and, in turn, an increase in value for its shareholders.

Hallmark Venture Group, Inc. stock is traded on the OTC Pink Sheets under the symbol HLLK. For more information look at www.hallmarkventuregroup.com or contact Robert L. Cashman, President, at (714) 538-5214 or Bobc@hallmarkventuregroup.com.

The information contained herein contains certain forward looking statements within the meaning of Section 27A of the Securities Act, as amended and Section 21E of the Securities Exchange Act as amended and the Private Securities Litigation Reform Act of 1995 and is subject to the safe harbors created thereby. While the company believes that the assumptions underlying such forward looking information are reliable any of the assumptions could prove inaccurate and therefore there could be a difference between the actual and the predicted results.

Hallmark Venture (PK) (USOTC:HLLK)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Hallmark Venture (PK) Charts.
Hallmark Venture (PK) (USOTC:HLLK)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Hallmark Venture (PK) Charts.