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PNEG Announces Name Change to Falcon Crest Energy
Today, Panther Energy issued a corporate release discussing its new name change. The company also briefly touched upon business developments that it anticipates announcing between now and end of next quarter this year.
The company recently changed its name to “Falcon Crest Energy” after an objection from another industry participant to its prior selection of “Panther Energy”. Company CEO Patrick Johnson explained the reasoning behind the rebranding.
“Rather than lose focus on our ambitions of growing a profitable E&P company, we have decided at this time not to engage in any dispute(s) and rebrand ourselves with a fresh name, Falcon Crest Energy,” stated Company Chief Executive Officer Patrick Johnson.
Johnson pointed to the company’s additional rebranding as representative of Falcon Crest Energy’s ability to quickly react and remain strongly focused on corporate goals, especially in light of several new announcements that will be coming in the near future.
“While we had obtained the name legally from state of Nevada and had FINRA approval, we don’t want to engage in legal issues at this time. We have several pending transactions under review that we expect to announce between now and the end of the next quarter — we remain committed to those activities,” added Johnson. “We are thankful that in our early stages of building, our team and affiliates have the flexibility, as well as branding expertise to quickly change directions. The Panther Energy Inc. website will soon be taken down and prior e-mail addresses will be forwarded to our new Falcon Crest Energy email addresses.”
New email addresses are being issued, and Falcon Crest has released a new corporate logo. A new ticker reinforcing the new Falcon Crest brand will be announced in due time as well.
For more information, visit www.falconcrestenergy.com
