Regions Oil and Gas Takes Steps to Move Up to A More Senior Exchange
Business Wire News ReleasesPublished: 09/24/07 03:33 PM
Regions Oil and Gas, Inc. (Pink Sheets: RGNO) announced today they have scheduled a meeting with legal council to explore what steps are necessary for Regions to become fully reporting and to begin trading on a more senior exchange. The meeting will take place at Regions corporate offices in Dallas, Texas on Thursday September 27, 2007.
“I am excited that we are taking steps to bring Regions to the next level. We have been discussing this possibility for some time now and we believe we are in a position to move from just talking about it, to taking the steps to make it happen. We have signed the necessary paperwork with a prominent securities lawyer to aid us in this process and if the results of this meeting are positive, we will move forward in an expedited fashion. From start to finish this move may take a while to complete, but I think our existing shareholders and potential new ones will see that we are real and that they can expect great things from Regions,” stated Jerry Griggs, President Regions Oil and Gas, Inc.
Disclaimer:
Statements released by Regions Oil and Gas, Inc. that are not purely historical are forward looking within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the company's expectations, hopes, intentions and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the company's business prospects and performance. The company's actual results could differ materially from those in such forward-looking statements. Risk factors include but are not limited to general economic, competitive, governmental and technological factors. The company does not undertake any responsibility to update the forward-looking statements contained in this release.
Contacts:
Regions Oil & Gas, Inc.
Jerry Griggs, 1-877-9REGION
www.regionsoil.com
Regions Actively Exploring Synergistic Opportunities
Business Wire News ReleasesPublished: 11/13/07 07:35 AM
Regions Oil and Gas (RGNO) announced today that it is actively exploring synergistic opportunities to enhance shareholder value. Greg Dartez, the Companies Chief Financial Officer says, “We had a week in the field to really evaluate things and look at our current plan.” He further went on to say, “It appears to management that we could utilize our pink sheet status to acquire synergistic products and businesses and we plan to spend the balance of this year really evaluating the best way to do this.”
About Regions Oil & Gas, Inc.: Regions Oil & Gas Corporation (“Regions” or the “Company”) was formed to initiate, manage, acquire, supervise and operate oil and gas ventures and to otherwise engage in the oil and gas industry and exploration business. Their philosophy and strategy is “Bringing New Life to Old Forgotten Fields.” The fields in question were generally produced in the early 1900’s with the mind set and technology created during the industry’s infancy. As a result, these wells have large amounts of oil still in reserves.
Disclaimer:
Statements released by Regions Oil and Gas, Inc. that are not purely historical are forward looking within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the company's expectations, hopes, intentions and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the company's business prospects and performance. The company's actual results could differ materially from those in such forward-looking statements. Risk factors include but are not limited to general economic, competitive, governmental and technological factors. The company does not undertake any responsibility to update the forward-looking statements contained in this release.
Contacts:
Regions Oil & Gas, Inc.
Jerry Griggs, 1-877-9REGION
www.regionsoil.com
Regions Engages Strategic Growth Consultant
Business Wire News ReleasesPublished: 11/20/07 11:13 AM
Regions Oil and Gas (RGNO) announced today that it has engaged a strategic growth consultant to work with the Company on its business and growth strategies and objectives. These strategies and objectives are broken down into two categories: Business operations and Oil field operations/expansion. The areas of focus for the business operations category include:
Establishment of an investor relations department
Automation of back end operations
Exploring alternative funding options
The company is also looking to expand on their strategy of bringing new life to old forgotten fields by:
Documenting methods and procedures of successful field practices
Bringing successful field practices and techniques to new geographic areas
Expansion into oil field services sector
Large scale Caney-Woodford Shale lease acquisitions
Large scale Coalbed Methane lease acquisitions
“From my conversations with shareholders I have learned there is one common issue that keeps coming up, current and up to date company information. Hopefully our share holders will see that we are working to be able provide them with the information they need. This addition to the team should show we have been listening and are taking action to address their concerns,” said Jerry Griggs, Chief Executive Officer Regions Oil and Gas.
About Regions Oil & Gas, Inc.: Regions Oil & Gas Corporation (“Regions” or the “Company”) was formed to initiate, manage, acquire, supervise and operate oil and gas ventures and to otherwise engage in the oil and gas industry and exploration business. Their philosophy and strategy is “Bringing New Life to Old Forgotten Fields.” The fields in question were generally produced in the early 1900’s with the mind set and technology created during the industry’s infancy. As a result, these wells have large amounts of oil still in reserves.
Disclaimer:
Statements released by Regions Oil and Gas, Inc. that are not purely historical are forward looking within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the company's expectations, hopes, intentions and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the company's business prospects and performance. The company's actual results could differ materially from those in such forward-looking statements. Risk factors include but are not limited to general economic, competitive, governmental and technological factors. The company does not undertake any responsibility to update the forward-looking statements contained in this release.
Contacts:
Regions Oil & Gas, Inc.
Jerry Griggs, 1-877-9REGION
www.regionsoil.com
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