SmallCap Sentinel: From Russia with Oil -- Companies Drilling in Russia and the United States to Increase Production
IRVINE, Calif., Mar 30, 2005 (PRIMEZONE via COMTEX) -- SmallCap Sentinel announced today a report focusing on oil and gas company efforts in the United States and Russia has been made available to the public through financial courier StockUpTicks.com. "Some oil and gas companies are finding that Russian drilling operations paired with domestic ventures is the right blend for their business plan, diversifying their resources and ramping production simultaneously," stated SmallCap Sentinel analyst D.R. Clark.
Companies such as Teton Petroleum Company (AMEX:TPE), Apollo Resources (OTCBB: AOOR), British Petroleum (NYSE: BP), and Archer-Daniels-Midland Co. (NYSE: ADM) have all been involved in Russian oil and gas operations.
Today's report will detail one company's foray into this diversified strategy, focusing on Apollo Resources' drilling operations in the U.S. and Russia. The company currently has a production capability in excess of 1,000 barrels a day and is a producer, blender, and distributor of environmentally friendly biodiesel fuels with annual revenues of $1.8 million. Supplemental reports on the company will be available through the "Archives" section at StockUpTicks.com or free to subscribers via email.
Interested parties may view the information free of charge via this direct link: stockupticks.com
Statements made herein contain forward-looking statements and are subject to significant risks and uncertainties that will affect the results. SmallCap Sentinel and StockUpTicks.com are properties of Market Pathways Financial Relations Inc. (MP). MP provides no assurance as to the subject company's plans or ability to effect any proposed actions and cannot project its capabilities, intent, resources, or experience.
SOURCE: SmallCap Sentinel
Market Pathways and StockUpTicks
Shannon Squyres
949-955-1860
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