RGNO Regions Actively Exploring Synergistic Opportunities

Regions Actively Exploring Synergistic OpportunitiesBusiness Wire "US Press Releases "
DALLAS--(BUSINESS WIRE)--
Regions Oil and Gas (Pink Sheets: 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.
Source: Regions Oil and Gas