|
Thread Index GrandSlam Stock displeasure
Hello, kimbery
This Weeks Big Gainer "GFPE" Our Last Pick
Was up over 275% in 3 Days Don't Miss Out.
Ticker: GFPE . PK
Current Price: .16
Hot Spot Rating: 5/5 @@@@@
****L}597}J8J)5max597}1J6LL12J1wJ6L****
CARENCRO, La.--(BUSINESS WIRE)--Gulf Petroleum
Exchange, Inc. (PINK SHEETS:GFPE - News) announced
today the retention of a renowned certified geologist,
Mr. Sheldon Turrill. Mr. Turrill has been retained to
evaluate the purchase of the 75 oil and gas wells in
the Appalachian and Illinois Basin that Gulf recently
signed a Letter of Intent to acquire.
Mr. Turrill has a stellar reputation and a long history
of geological surveys, appraisals and completions of oil
and gas wells in the Appalachian and Illinois Basins. Oil
was discovered in the Appalachian Basin in 1859 and in
Illinois Basin in 1904. Cumulatively the Basins have
produced more than 5 billion barrels of oil and 50 trillion
cubic feet of natural gas. After more than a century of
production, equal or greater quantities of resources are
still waiting to be tapped. The Appalachian Basin is
180,000 square miles and is the largest onshore basin in
the United States. This area remains relatively unexplored;
current estimates of remaining resources (including proved
reserves) are in the range of 4.8 billion barrels of oil
and 79 to 96 trillion cubic feet of natural gas.
Warren "Skip" Wheeler, President of Gulf Petroleum Exchange,
Inc., stated, "The company gained an enormous asset when Mr.
Turrill agreed to work with us on a continuing basis."
Mr. Sheldon Turrill, certified geologist, stated, "I have
worked with Skip on several occasions in the past, and I am
looking forward to doing so again."
About Sheldon Turrill
Mr. Turrill has been associated with various phases of the
geological engineering, appraisals, completions and producing
of many hundreds of wells in the Appalachian Basin. Among
Mr. Turrill's past clients are Sun Oil Company (NYSE: SUN
News); Sohio Petroleum; Gulf Oil, currently owned by Chevron
Corp. (NASDAQ: CVX - News); Kaiser Aluminum; TRW, currently
owned by Experian; Youngstown Steel; New Jersey Zinc; Gulf
& Western; Lubrizol (NYSE: LZ - News); Morgan Adhesives;
and Combustion Engineering. Mr. Turrill's professional
affiliations: American Association of Petroleum Geologists
(Certified Petroleum Geologist -- 1137), American Institute
of Professional Geological Scientists, (Certified Professional
Geological Scientist 3304) and Certified Professional Geologist,
Florida - 332.
About Gulf Petroleum Exchange:
Gulf Petroleum Exchange, a multi-faceted energy company, combines
the experience of its people with the strength of its strategic
alliances to create profitable projects within three aspects of
energy enhancement: oil and gas production, the removal of sulfur
compounds from hydrocarbon-based fuels, and sales of the resultant
products.
Forward-Looking Statements:
Statements herein which contain "forward-looking statements," as
defined in the Private Litigation Reform Act of 1995, concerning
potential developments affecting the business, prospects, financial
condition and other aspects of the company to which this release
pertains. The actual results described above may differ materially
from projections in such forward-looking statements. Significant
deviations in magnitude, timing and other factors may result from
business risks and uncertainties including the company's dependence
on third parties, general market and economic conditions, technical
factors, the availability of capital, receipt of revenues and other
factors, many of which are beyond the control of the company.
weak glibbest eagre global diagnosis denominator
spottable fishnet vegetive.
<- Previous Message | Next Message -> Thread Index |
|
