DBRM news Daybreak Enters Into Oil Sales Agreement
Wednesday June 28, 3:56 pm ET
SPOKANE, Wash., June 28 /PRNewswire-FirstCall/ -- Daybreak Oil and Gas, Inc. (OTC Bulletin Board: DBRM.OB - News) a Washington Corporation, today announced that Daybreak has entered into an agreement to sell its oil production from the F-1 well located in NE Louisiana. Daybreak will transport the oil production via truck to a local refinery and will not incur any transportation costs under the agreement.
Daybreak in other news today announced it has initiated the preparation involved with the permitting process for a drilling location on the North Schuteston project in St. Landry Parish, Louisiana.
The Richter No. 1 Well will test a low risk 3-D seismic supported anomaly. A pipeline is located approximately 2 miles from this well location.
For information about Daybreak Oil and Gas, Inc., please contact:
Eric Moe Telephone: 509-467-8204
Email: emoe27@aol.com
Mike McIntyre Telephone: 604-484-6243
Email: mmac10@shaw.ca
"Safe Harbor" Statement under Private Securities Litigation Reform Act of 1995: Certain statements contained herein constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Information contained herein contains "forward-looking statements" which can be identified by the use of forward-looking terminology such as "believe," "expect," "may," "should," "up to," "approximately," "likely," or "anticipates" or the negative thereof or given that the future results covered by such forward looking statements will be achieved. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.
Source: Daybreak Oil and Gas, Inc.
