Bison Petroleum Corp. Provides Corporate Update
September 23 2013 - 10:30AM
Bison Petroleum Corp. (OTCQB:BISN) hereafter "Bison" or "the
Company" is pleased to provide a corporate update, which highlights
some of the major advances the Company has made over the last
months.
Corporate Website Launched
The website provides an overview of the Company's operations,
management team, current projects including maps, facts and images.
The website also provides other valuable information such as news
releases, industry news, SEC Filings, stock quotes, charts and
contact details.
The site can be viewed at: www.Bison-Petroleum.com
Appointment of New Chief Executive Officer and President
Tony Martinez-Guzman brings Bison over 40 years of proven
management experience. With management and director roles for
several large multinational corporations, he is established in
business development, operations, accounting, contract and capital
investment negotiations. He has been charged with overseeing
business development, profit and loss management, strategic
planning, key account management, operations management, personnel
training and development, contract negotiations, budgeting and
forecasting within several large multinational corporations. He has
specifically directed capital investment negotiations and worked
closely with national and international contractors and third party
suppliers.
Acquisition of Independence Prospect, Bighorn Basin
The Company has entered into a Lease Purchase Agreement to
acquire the Independence Prospect. Under the terms of the
agreement, Bison will issue 1,000,000 shares of its common stock
(restricted) on the recording of the leases. The prospect is
located in one of America's most prolific basins: the Bighorn
Basin, Wyoming. The Company's goal is to develop near-term
production, expand its existing land package. The Company considers
Wyoming's long-lived oil reservoirs with low decline rates to be
particularly attractive to upstream MLP's, which industry observers
are expecting to grow in number and scope in the coming years. The
Company intends to provide further details regarding the
development of these leases in due course, while some technical
data is available on the Company's website, at
http://www.bison-petroleum.com/BisonReport2013.pdf.
"We are extremely pleased with the progress we have made, both
commercially and operationally. We intend to pursue an aggressive
growth program, and are looking to add experienced individuals to
the board of directors as we continue to investigate domestic
investment opportunities in the US, particularly in Wyoming."
Commented Tony Martinez-Guzman, Bison's Chief Executive
Officer.
About Bison Petroleum Corp.
Bison Petroleum, Corp., (OTCQB:BISN), is a publicly traded Oil
and Gas Exploration and Company, based in Salt Lake City, Utah,
dedicated to the exploration and development of domestic Energy in
the Bighorn Basin of the United States. More information can be
found on our website, www.Bison-Petroleum.com
Certain statements in this press release are forward-looking and
involve a number of risks and uncertainties. Such
forward-looking statements are within the meaning of that term in
Section 27A of the Securities Act of 1933, as amended and Section
21E of the Securities Exchange Act of 1934, as amended. Bison
Petroleum, Corp. bases these forward-looking statements on current
expectations and projections about future events, based on
information currently available. The forward-looking
statements contained in this press release may also include
statements relating to Bison Petroleum, Corp.'s anticipated
financial performance, business prospects, new developments,
strategies and similar matters. Bison Petroleum disclaims any
obligation to update any of its forward-looking statements, except
as may be required by law.
Cautionary Note to U.S. Investors
The United States Securities and Exchange Commission permits oil
and gas companies, in their filings with the SEC, to disclose only
reserves that comply with the definitions presented at Rule 4-10(a)
of Regulation S-X. We use certain terms in this press release that
the SEC's guidelines strictly prohibit us from including in filings
with the SEC. Examples of such disclosures would be statements
regarding "probable," "possible," or "recoverable" reserves among
others. U.S. Investors are urged to consider closely the disclosure
in our Form 10K, File No. 000-54574, available from us at Bison
Petroleum Corp., 2825 East Cottonwood Park, Utah, 84121.
CONTACT: Bison Petroleum, Corp.
2825 East Cottonwood Park
Suite 503
Salt Lake City
UT 84121
Tel: (801) 990 3180
Fax: (801) 990 3181
Web: www.Bison-Petroleum.com
Email: info@Bison-Petroleum.com
INVESTOR RELATIONS:
Email: ir@Bison-Petroleum.com
Toll Free: 1-866-247-6617 or 1-866-BIS-ON P
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