$PDGO Announces Acquisition of 100% Interest in 58 Oil and Gas Wells and 600 Acres of Land
in Oklahoma
New York, New – Paradigm Oil and Gas, Inc. (OTCBB: PDGO), a leading energy company, is
thrilled to announce the successful acquisition of a 100% interest in 58 oil and gas wells along
with 600 acres of land in Oklahoma. The asset was acquired by a PDGO-related company with
full integration into PDGO to be completed upon the asset being audited. This strategic move
further solidifies PDGO’s commitment to growth and innovation in the energy sector.
The acquisition of these assets represents a significant milestone for PDGO, providing a
substantial increase in its portfolio and operational footprint. With this acquisition, PDGO is
poised to capitalize on the potential for growth and development in the region, leveraging its
expertise and resources to maximize value for shareholders and stakeholders alike.
“We are excited to announce the acquisition of these assets, which align perfectly with our
strategic objectives,” said Paul Rachmuth, President of PDGO. “This investment underscores our
confidence in the long-term potential of the energy sector and reaffirms our commitment to
driving sustainable growth and value creation.”
The acquired assets comprise 58 oil and gas wells strategically located in Oklahoma, a region
known for its rich energy resources. Additionally, PDGO has gained ownership of 600 acres of
land, providing ample opportunities for further exploration and development activities.
PDGO remains dedicated to responsible and sustainable energy production, prioritizing
environmental stewardship and community engagement in all its operations. The company will
leverage its expertise and resources to optimize the performance of the newly acquired assets
while adhering to the highest standards of safety, environmental protection, and regulatory
compliance.
With this acquisition, PDGO is well-positioned to capitalize on emerging opportunities in the
energy market, driving value for its shareholders and contributing to the economic development
of the regions in which it operates.
For more information about PDGO and its recent acquisition, please visit pdgoinc.net or contact
the company at 646-543-1838.
About the Company
Paradigm Oil and Gas, Inc. (OTCBB: PDGO) is a holding company. PDGO is a leading
energy company committed to driving sustainable growth and value creation in the energy
sector. With a focus on responsible energy production and innovation, PDGO leverages its
expertise and resources to deliver superior performance and maximize value for shareholders and
stakeholders.
Safe Harbor
This release contains statements that constitute forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. These statements appear in a number of
places in this release and include all statements that are not statements of historical fact
regarding the intent, belief or current expectations of the Company, its directors or its
officers with respect to, among other things: (i) financing plans; (ii) trends affecting its
financial condition or results of operations; (iii) growth strategy and operating strategy.
The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and
similar expressions and variations thereof are intended to identify forward-looking
statements. Investors are cautioned that any such forward-looking statements are not
guarantees of future performance and involve risks and uncertainties, many of which
are beyond the Company’s ability to control, and that actual results may differ materially
from those projected in the forward-looking statements because of various factors. More
information about the potential factors that could affect the business and financial
results is and will be included in the Company’s filings with the Securities and Exchange
Commission and/or OTC Markets.
Certification:
April 15, 2024
/s/ Paul Rachmuth CEO
Contact Details:
447 Broadway
2nd Floor, Unit 103
New York, NY 10013
info@pdgoinc.net
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