Golden Apple Oil and Gas Inc Press Release (GAPJ:PK)
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Date: Tue, 29 Nov 2005 10:19:27 +0000 (GMT)If you have trouble seeing this e-mail, please Click hereGolden Apple Oil & Gas Inc.
GAPJ:PK
LATEST NEWS
Golden Apple Oil & Gas, Inc. Announces Acquisition of a New Property in Southern Quebec
PHOENIX, Nov 8, 2005 (PRIMEZONE via COMTEX) -- The board of directors of Golden Apple Oil and Gas Inc. is pleased to announce the acquisition of a significant oil and gas property located in southern Quebec, Canada. The property consists of 17,976 hectares of land, issued under Quebec Cookshire permit no. 2003PG756. In the coming weeks the company will be on-site initiating its drilling program.
"Our goal is to establish commercial reserves from strategic positions in high potential exploration properties in order to create and deliver shareholder value," stated Jay Budd, President and CEO of Golden Apple. "In the implementation of this strategy, the Company focuses on material positions that are capable of providing significant growth through exploration." more
Jay Budd, President and CEOGolden Apple Oil & Gas, Inc.
About Golden Apple Oil & Gas Inc.
Golden Apple Oil & Gas Inc. is an independent petroleum exploration company that applies advanced technologies to systematically explore and develop oil and natural gas opportunities. We focus our activities where we believe technology can be used effectively to maximize our return on capital invested by reducing drilling risk and enhancing our ability to cost effectively grow reserves and production volumes. For more information, please visit www.goldenappleoil.com
Click the link below for more information on potential in the region:Gas and Oil in Quebec
This media release may contain forward-looking statements regarding, but not limited to, management, market potential, distributor success, market size, international sales, marketing, future events and performance of the Company which involve risks and uncertainties that could materially affect actual results. Investors should refer to documents that the Company intends to file with the SEC for a description of certain factors that could cause actual results to vary from current expectations and the forward-looking statements contained in this media release.
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