SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jim Bishop who started this subject6/25/2001 9:48:20 AM
From: Jim Bishop  Read Replies (1) of 150070
 
ABRG Ambra Resources Group Inc. And Venture Energy Inc. Announce The Purchase Of A
Working Interest In A Ten Well Drilling Program In Wharton County, Texas


Business Editors

VANCOUVER, British Columbia--(BUSINESS WIRE)--June 25, 2001--
Ambra Resources Group Inc. (OTCBB:ABRG) and Venture Energy Inc. have
each purchased a working interest in a Ten Well Drilling Program in
Wharton County, Texas.
The major partner and operator is Consolidated Petroleum Partners
1, LLC of Austin, Texas. The first Well of the Ten Well Drilling
Program is currently being drilled and the second and third Wells will
start drilling immediately. The Company has done a thorough analysis
of this proposal and has had it cleared through Legal Counsel in
Austin.
Each Company has purchased a 1% working interest as a starting
point and will consider larger percentage participation in future
programs with Consolidated Petroleum Partners 1, LLC. Results of the
drilling program will be released when received from the Operator.
Ambra Resources Group Inc. is fully funded, has no major debt and
is looking for future growth opportunities.
By the Board of Directors, Ambra Resources Group Inc.

--30--DS/se*

CONTACT: Ambra Resources Group Inc.
John Hickey, 800/698-3377 or 604/669-2723
www.ambraresources.com

KEYWORD: TEXAS INTERNATIONAL CANADA
INDUSTRY KEYWORD: ENERGY OIL/GAS MERGERS/ACQ

Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire.com




*** end of story ***
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext