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big gttom

01/18/12 8:58 PM

#22307 RE: oilsleuth #22305

At 10 Jan Empire Energy held no shares in East Africa Oil Company and it (i.e. EAOC) therefore could not be its (i.e. EEGC) subsidiary company.



Where do you get the above statement?
From your paintbox?

The 8k says this:
On January 10, 2012, Empire Energy Corporation International issued a press release, as follows:


Empire and its new JV partner NBD Partners moves to bid on Ugandan East African Rift Valley oil and gas licenses, through its new UK subsidiary East African Oil Company Limited


LEAWOOD, Kan., Tuesday, January 10th, 2012 / - Empire Energy Corporation International (Empire) (Pink Sheets: EEGC.PK - News) announces that the Empire board has approved, with certain conditions, the acquisition of East African Oil Company Limited, an entity registered in the United Kingdom. East African Oil Company Limited intends to bid on certain oil and gas interests identified through recent commissioned studies by Global Explor (www.globalexplor.com) and discoveries which justify searching for petroleum within the East African Rift System in Uganda, Kenya, Zambia and Tanzania. The acquisition will assist Empire with international expansion within the African oil and gas sector and the opportunity to acquire early stage exploration and potential development projects with reasonable prospects for success.

You've trully taken part of above in the following information out of context:

through its new UK subsidiary East African Oil Company Limited


and painted them with a falsehood of alleged lies and deciept when the 8k further defines the above quote with the following:

Empire Energy Corporation International (Empire) (Pink Sheets: EEGC.PK - News) announces that the Empire board has approved, with certain conditions, the acquisition of East African Oil Company Limited, an entity registered in the United Kingdom.



So what part of those certain conditions don't you understand?