PETROL OIL & GAS SECURES $6.64 MILLION IN EQUITY FINANCING
September 15, 2004 (Press Release) --
PETROL OIL & GAS SECURES $6.64 MILLION IN EQUITY FINANCING
Petrol Oil and Gas Inc. (OTCBB: POIG) announces closing of an equity private placement with gross proceeds of $6,640,000. Energy Capital Solutions LLC of Dallas, Texas acted as placement agent with assistance from Pritchard Capital Partners. Funds raised from the unit offering are planned to be used to initiate field development of Petrol’s Coal Bed Methane ("CBM") project on its Coal Creek Project in Coffey Co. Kansas, acquire additional mineral acreage and producing properties, and for general working capital.
Disclaimer: www.investorideas.com/about/disclaimer
Full news: www.investorideas.com/Companies/ViewDocument.asp?ID=2181
Petrol Oil and Gas Inc. (OTCBB: POIG) announces closing of an equity private placement with gross proceeds of $6,640,000. Energy Capital Solutions LLC of Dallas, Texas acted as placement agent with assistance from Pritchard Capital Partners. Funds raised from the unit offering are planned to be used to initiate field development of Petrol’s Coal Bed Methane ("CBM") project on its Coal Creek Project in Coffey Co. Kansas, acquire additional mineral acreage and producing properties, and for general working capital.
Disclaimer: www.investorideas.com/about/disclaimer
Full news: www.investorideas.com/Companies/ViewDocument.asp?ID=2181
Email
Print
SPAM
