To: Honor+Integrity who wrote (2477 ) 12/29/1999 2:00:00 PM From: LANCE B Respond to of 4792
AIGI- THIS IS SOME ATTENTION GRABBING NEWS.. (PR NEWSWIRE) ADAIR INTERNATIONAL OIL AND GAS, INC. (AIGI) Selected by Bus ADAIR INTERNATIONAL OIL AND GAS, INC. (AIGI) Selected by Business World News To Be a High Growth Company for the New Millennium HOUSTON, Dec. 29 /PRNewswire/ -- BUSINESS WORLD NEWS selected ADAIR INTERNATIONAL OIL AND GAS, INC. (OTC Bulletin Board: AIGI) (AIGI) to be high growth company for the new millennium and sent its news team to the company's Houston office where they shot the Business News segment that will be aired nation wide during January or February 2000. TVA is the producer of the Television Show, BUSINESS WORLD NEWS; "SPOT LIGHT ON SUCCESS" which is a 30 minute television newsmagazine show that profiles successful and innovative business leaders and their companies. "Spot Light on Success" is aired on the major cable networks such as CNBC, Discovery, The Learning Channel and BRAVO as well as other CBS affiliates. The company outlined its goals with the projects under development during the production segment and Mr. Geno Brunto, Senior Producer stated, "'Spotlight on Success', was extremely impressed with ADAIR and predicts it will be one of the high flyers of the new millennium." ADAIR is active in Yemen, Colombia and Mid-Continent U.S. and has a number of natural gas fired power plants under development as well as the recently signed agreement with the Yemen Government for oil exploration in Block 20 which offsets the Marib Field. The Marib Field is one of the most prolific in the world with approximately 160,000 barrels a day of production. ADAIR was also recently awarded a $500,000 grant from the TRADE DEVELOPMENT AUTHORITY (PR NEWSWIRE) ADAIR INTERNATIONAL OIL AND GAS, INC. (AIGI) Selected by Bus ADAIR INTERNATIONAL OIL AND GAS, INC. (AIGI) Selected by Business World News To Be a High Growth Company for the New Millennium HOUSTON, Dec. 29 /PRNewswire/ -- BUSINESS WORLD NEWS selected ADAIR INTERNATIONAL OIL AND GAS, INC. (OTC Bulletin Board: AIGI) (AIGI) to be high growth company for the new millennium and sent its news team to the company's Houston office where they shot the Business News segment that will be aired nation wide during January or February 2000. TVA is the producer of the Television Show, BUSINESS WORLD NEWS; "SPOT LIGHT ON SUCCESS" which is a 30 minute television newsmagazine show that profiles successful and innovative business leaders and their companies. "Spot Light on Success" is aired on the major cable networks such as CNBC, Discovery, The Learning Channel and BRAVO as well as other CBS affiliates. The company outlined its goals with the projects under development during the production segment and Mr. Geno Brunto, Senior Producer stated, "'Spotlight on Success', was extremely impressed with ADAIR and predicts it will be one of the high flyers of the new millennium." ADAIR is active in Yemen, Colombia and Mid-Continent U.S. and has a number of natural gas fired power plants under development as well as the recently signed agreement with the Yemen Government for oil exploration in Block 20 which offsets the Marib Field. The Marib Field is one of the most prolific in the world with approximately 160,000 barrels a day of production. ADAIR was also recently awarded a $500,000 grant from the TRADE DEVELOPMENT AUTHORITY (TDA) to conduct the feasibility for a co-generation/ Sugar Refinery in Aden Free Port Zone, Republic of Yemen. The project is estimated to have a capital cost of $50 to $75 million USD with contingent financing being arranged through Ex-Im Bank, OPIC and Foreign Investors from the Middle East. This news release contains forward looking statements within the meaning of Securities Litigation Reform Act that involves risk and uncertainties, including exploration, development, operational, marketing, and implementation risks, other facts described from time to time in the company's public available SEC reports which could cause results to differ materiality. SOURCE ADAIR INTERNATIONAL OIL & GAS, INC. -0- 12/29/1999 /CONTACT: John W. Adair of ADAIR INTERNATIONAL OIL & GAS, INC., 713-621-8241/ /Web site: aigionline.com (AIGI) CO: ADAIR INTERNATIONAL OIL & GAS, INC. ST: Texas IN: OIL SU: *** end of story *** *** end of story ***