Park Place Energy Corp. Representatives in Bulgaria
Park Place Energy Corp. Representatives in Bulgaria
Nov. 15, 2010 (PR Newswire) --
OTCBB:PKPL
FRANKFURT: 3P2
VANCOUVER - Park Place Energy Corp. ("Park Place" or "the Company") is pleased to announce that Company representatives are currently in Sofia, Bulgaria.
Representatives from the Company are conducting due diligence on several possible Bulgarian natural gas exploration joint venture opportunities. The Company intends to meet with active majors within the area as well as begin negotiating the terms of any possible joint venture arrangement at that time.
David Johnson, president Park Place Energy, stated "This is very exciting period for Park Place. There is interest from major producers within our core area of focus in north-eastern Bulgaria to work together and we look forward to discussing all possible options with them."
About Park Place
Park Place Energy Corp. is a North American oil and gas exploration company that is participating in high impact gas opportunities. The Company has assets in Saskatchewan that it is committed to developing. As well Park Place is committed to the acquisition of additional blue-sky shale gas opportunities. Park Places management is focused on optimizing profitability and enhancing shareholder value.
Certain information regarding the Corporation contained herein may constitute forward-looking statements. These statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although Park Place believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. These statements are subject to certain risks and uncertainties and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied. The Corporation is under no obligation to update or alter any forward-looking statement. These risks include operational and geological risks, the ability of the Corporation to raise necessary funds for exploration and the fact that the Corporation does not operate all its properties. Park Place's forward-looking statements are expressly qualified in their entirety by this cautionary statement.
SOURCE Park Place Energy Corp.
Investor Relations: 1 (877) 685 0076
Email: info@parkplaceenergy.com
Website: www.parkplaceenergy.com
Source: PR Newswire (November 15, 2010 - 3:30 AM EST)
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