WRNW NEWS ~ TULSA, Okla., Nov 14, 2007 (PrimeNewswire via COMTEX) -- Well Renewal, Inc.
(Pink Sheets:WRNW), an emergent, rapidly growing diversified oil and gas
regional operator specializing in oil and gas exploration, enhanced recovery
methods of abandoned, low-production oil properties, and oil field services, is
pleased to announce a dividend for all shareholders of record as of December 3,
2007. According to the details of this dividend, each shareholder shall receive
one share of Diversified Oil and Gas Holdings, Limited (Other OTC:DVFI) for
every sixteen shares of WRNW owned as of December 3, 2007.
David Rees, WRNW CEO, stated, "We feel that this dividend enhances shareholder
value for each of our shareholders." Mr. Rees continued, "This marks the
beginning of an exciting partnership with DVFI that we anticipate will enrich
the value of WRNW."
About Well Renewal, Inc.
Well Renewal, Inc., headquartered in Tulsa, Oklahoma, is principally engaged in
oil and gas exploration as well as enhancement and recovery of abandoned and low
production oil properties, and oil field services, and is actively acquiring
businesses in the oil and gas industry.
About Diversified Oil & Gas Holdings, Ltd.
Diversified Oil & Gas Holdings Limited is a diversified investment venture
capital firm. Its principal business is focused on exploiting and distributing
domestic oil and gas reserves. The domestic fuel market is presently estimated
to exceed $10 billion.
Statements in this press release relating to plans, strategies, economic
performance and trends, projections of results of specific activities or
investments, and other statements that are not descriptions of historical facts
may be forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. Forward-looking information
is inherently subject to risks and uncertainties, and actual results could
differ materially from those currently anticipated due to a number of factors,
which include but are not limited to, risk factors inherent in doing business.
Forward-looking statements may be identified by terms such as "may," "will,"
"should," "could," "expects," "plans," "intends," "anticipates," "believes,"
"estimates," "predicts," "forecasts," "potential," or "continue," or similar
terms or the negative of these terms. Although we believe that the expectations
reflected in the forward-looking statements are reasonable, we cannot guarantee
future results, levels of activity, performance or achievements. The company has
no obligation to update these forward-looking statements.
This news release was distributed by PrimeNewswire, www.primenewswire.com
SOURCE: Well Renewal, Inc.
By Staff
CONTACT: Well Renewal, Inc. David Rees, CEO 918-585-5101 info@wellrenewal.com
(C) Copyright 2007 PrimeNewswire, Inc. All rights reserved.
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IND USTRY KEYWORD: Energy Industries
SUBJECT CODE: OIL
ENERGY
DIVIDEND
Dividend Reports and Estimates
