Friday, June 08, 2012 7:24:41 AM
COIL had a spike on Wed news (at bottom).
Some board DD: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=76347373
20M Outstanding
14M Restricted
6M Float
100M Authorized
OJAI, Calif., Jun 06, 2012 (BUSINESS WIRE) -- Citadel Exploration, Inc. (COIL:OTC:QB), is pleased to announce that it has completed the preliminary surveys required by the County of San Benito for project Indian.
Reports have been generated from the findings in the surveys and submitted to the county for review. "I am very pleased with the findings in these reports and the proposed methods to mitigate disruption to the environment, and other potential sensitive elements, are very manageable," said Armen Nahabedian, President and CEO of Citadel Exploration, Inc.
"As an operator in California it is important to work closely and effectively with all local agencies that supervise drilling operations. California agencies demand the highest level of adherence to health, safety and environmental regulations. Citadel Exploration, Inc. will continue to adhere to these measures and believes that devoting extra attention to these issues in the earliest stages may benefit us greatly as operations progress," Mr. Nahabedian continued.
About Citadel Exploration, Inc.
Headquartered in Ojai, Calif., Citadel Exploration, Inc. (COIL:OTC:QB) COIL is an oil and gas exploration and production company with operations in the Salinas Basin of California. COIL has a broad portfolio of capital investment opportunities arising from the management's extensive knowledge of the geology and the history of oil and gas exploration and development in California, as well as a long-term presence and familiarity and relationships with other companies engaged in oil and gas industry in California.
For more information on the company, visit www.citadelexploration.com.
Some board DD: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=76347373
20M Outstanding
14M Restricted
6M Float
100M Authorized
OJAI, Calif., Jun 06, 2012 (BUSINESS WIRE) -- Citadel Exploration, Inc. (COIL:OTC:QB), is pleased to announce that it has completed the preliminary surveys required by the County of San Benito for project Indian.
Reports have been generated from the findings in the surveys and submitted to the county for review. "I am very pleased with the findings in these reports and the proposed methods to mitigate disruption to the environment, and other potential sensitive elements, are very manageable," said Armen Nahabedian, President and CEO of Citadel Exploration, Inc.
"As an operator in California it is important to work closely and effectively with all local agencies that supervise drilling operations. California agencies demand the highest level of adherence to health, safety and environmental regulations. Citadel Exploration, Inc. will continue to adhere to these measures and believes that devoting extra attention to these issues in the earliest stages may benefit us greatly as operations progress," Mr. Nahabedian continued.
About Citadel Exploration, Inc.
Headquartered in Ojai, Calif., Citadel Exploration, Inc. (COIL:OTC:QB) COIL is an oil and gas exploration and production company with operations in the Salinas Basin of California. COIL has a broad portfolio of capital investment opportunities arising from the management's extensive knowledge of the geology and the history of oil and gas exploration and development in California, as well as a long-term presence and familiarity and relationships with other companies engaged in oil and gas industry in California.
For more information on the company, visit www.citadelexploration.com.
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