Tony
I am still Diggin it, lol...... its been a long wait but the news is getting better and better now if only the stock price would co operate,
Friday August 25, 3:30 pm Eastern Time
Press Release
SOURCE: Digital Gas, Inc.
Digital Gas Announces Contract Offers and the Naming of a New Director
NEW YORK, Aug. 25 /PRNewswire/ -- Digital Gas, Inc. (DIGG - Pink Sheets) today announced that it has been offered four oil & gas contracts in China and that it has named An Ping, an international management consultant, to its Board of Directors effective immediately.
Two of China's oil & gas Administrations have critically reviewed four separate contract proposals tendered by Digital and the respective Administrations have decided that Digital shall be offered two production sharing and hydrocarbon enhancement contracts and two contracts calling for the utilization of Digital's exclusive oil & gas reservoir enhancement technologies.
Commenting on this latest development from China, Mr. W. Brian Lunan, a Director of Digital Gas, stated that ``the team's hard work, diligence and communication with the Chinese has resulted in this breakthrough.'' With respect to the production sharing and hydrocarbon enhancement contracts, Mr. Lunan added that ``Digital Gas will conduct an extensive technical audit using its proprietary Stage Gate Process on the contract area before signing.'' Mr. Lunan is the creator of the Stage Gate Process.
An Ping, who has held positions at Airbus Industries, Forbes, Next Corp. and Radio France International in cities such as Bejing, Tokyo, Paris and Hong Kong and New York, has extensive worldwide experience in business negotiations and management. She will advise the company in establishing additional strategic alliances in China and throughout Asia.
Digital Gas is continuing to develop its existing opportunities in China, as well as add to the scope of this business when new opportunities arise. |
