Mogul Energy Inc (MGUY)

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PRESS RELEASE
Mogul Energy International, Inc. Announces Corporate Update
HOUSTON, TX – Mogul Energy International, Inc. (OTC: MGUY), an independent oil and gas exploration Company established to take advantage of low cost acquisition opportunities near other producing and proven oil...
Wednesday, May 19th 2021, 9:17 AM CDT
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HOUSTON, TX – Mogul Energy International, Inc. (OTC: MGUY), an independent oil and gas exploration Company established to take advantage of low cost acquisition opportunities near other producing and proven oil fields. Since our formation, we have engaged in activities related to financing of our operations, the acquisition of our property rights and the drilling of both development and exploratory wells, would like to update shareholders on its recent achievements and upcoming events.

To date:

• Mogul Energy International, Inc. is in good standing with the state of Delaware.
• The company OTCIQ application was accepted and application fee has been paid
• Key management has been announced
• Nicholas Thiele (CEO)

Nicholas Thiele, CEO, stated, “By the end of May when we have completed the OTCIQ application process, our shareholders will get a much clearer picture as to the vision of our company. We want to be very transparent with our shareholders at every step of the process as we transitioned from the old business to the new one.”

Over the next 30 days, we hope to:

• Finalize OTCIQ application and bring company’s disclosure statements current, thus removing the stop sign.
• Secure permanent office location