NaturalGasStocks.com Features
Exclusive Article on Developments in Kansas Coal Bed Methane Industry
POINT ROBERTS, WA - MARKET
WIRE - 07/13/04
InvestorIdeas.com and
NaturalGasStocks.com feature an exclusive article on developments in
Kansas' Coal Bed Methane industry and the mergers and acquisitions that
are currently shaking it up in "Kansas Coal Bed Methane - new life
for an old industry."
The site does not make
recommendations, but offers a unique information portal to investors to
research news, articles, and recent research.
Excerpt from the article by
Allen Gibson:
Three years on, the land rush
is largely over, but the mergers and acquisitions rush is in full swing.
The President of Evergreen Resources, Mark Sexton, noted recently on
Kudlow and Cramer, "the cheapest oil and gas around right now is on
Wall Street." With energy companies' valuations not even remotely
reflecting the current energy prices, he says, a lot of companies are
garnering commodity value via M&A activities.
Evergreen, one of the biggest
and most expert CBM companies in the US, is being consumed in a $2.1
billion dollar merger by Pioneer Natural Resources. But for some reason,
Evergreen's massive CBM land position in Kansas is being spun-off prior
to the merger. Rumors are flying that Evergreen's CEO still wants the
play. The head of Heartland Oil and Gas, whose leases are basically
surrounded by Evergreen's, says, "It begs the question as to why
Evergreen wanted to keep the CBM play out of the merger with
Pioneer?"
For the full article click here: www.NaturalGasStocks.com/Companies/NaturalGas/News/Kansas_Coal_Bed_Methane.asp.
Media are free to reproduce
the article in whole or in part provided the author and
NaturalGasStocks.com are credited.
NaturalGasStocks.com includes
a growing list of public companies in the sector. The following is a
partial list of companies involved in natural gas: www.NaturalGasStocks.com/Companies/HOGC/News/NaturalGasStocksList.asp
Featured Companies:
Heartland Oil & Gas Corp.
(OTC BB: HOGC), a Coal Bed Methane (CBM) company whose operations are
located in the Forest City Basin in the state of Kansas.
Petrol Oil and Gas, Inc. (OTC
BB: POIG), whose primary objective is the development of Coal Bed Methane
in Eastern Kansas and Western Missouri. During the past two years, Petrol
leased approximately 165,000 acres located in and around Coffey County,
Kansas, and in nearby Missouri.
ECON Investor Relations Inc. owns www.InvestorIdeas.com
and www.NaturalGasStocks.com
Disclaimer: The site does not
make recommendations but offers an information portal to investors to
research news, articles, and recent research. Its featured companies,
Heartland Oil & Gas Corp. and Petrol Oil and Gas Inc., compensate the
site, but the current list of stocks is provided as a free research tool.
Compensation specifics:
Heartland Oil & Gas Corp. $2000 -- per month and 10,000 options at
$3.50. Petrol Oil and Gas, Inc. $4000 -- per month and $6000 per month in
144 shares.
Forward-Looking
Statement: The statements in this press release regarding any implied or
perceived benefits from the Coal Creek Project, plans to drill additional
CBM gas wells, anticipated revenues, the actual number of supportable
wells, the acquisition of additional oil or gas leases, maintaining
mineral lease rights, and any other effects resulting from any of the
above are forward-looking statements. Such statements involve risks and
uncertainties, including, but not limited to, the continued production of
gas at historical rates, costs of operations, delays, and any other
difficulties related to producing minerals such as oil or gas, continued
maintenance of the oil field and properties, price of oil or gas,
marketing and sales of produced minerals, risks and effects of legal and
administrative proceedings and governmental regulation, future financial
and operational results, competition, general economic conditions, and
the ability to manage and continue growth.
Should one or more of these risks or uncertainties materialize, or should
underlying assumptions prove incorrect, actual outcomes may vary
materially from those indicated. Important factors that could cause
actual results to differ materially from the forward-looking statements
we make in this news release include market conditions and those set
forth in reports or documents we file from time to time with the SEC. We
undertake no obligation to revise or update such statements to reflect
current events or circumstances after the date hereof or to reflect the
occurrence of unanticipated events.
Source:
Petrol Oil and Gas Inc.
Petrol Oil
and Gas, Inc. is a featured company on
www.NaturalGasStocks.com
Contact:
Investor Information:
Petrol Oil and Gas Inc.
702-454-7318
www.petroloilandgas.com
or
CEOcast,
Inc. for Petrol Oil and Gas
Ed
Lewis, 212-732-4300 x 225