NEW YORK, Aug. 1, 2012 /PRNewswire/ -- Lighthouse
Petroleum, Inc. (OTC Pink: LHPT) and Paradigm Oil and Gas,
Inc. (OTC Pink: PDGO) is pleased to announce a shareholders call
scheduled for August 10, 2012
4:30 PM EDT. During the call
management will discuss corporate developments, oil production and
the Masterson Reames projects that Lighthouse is currently under a
LOI Agreement to be acquired.
Management will also discuss consolidation strategy for
potential merger with Paradigm Oil and Gas, Inc., a public company
trading under the stock symbol (PDGO).
The conference call will be a lecture style hosted by CEO
Todd Violette. Shareholders that
have questions they wanted answered on the call may email them to
tviolette@lighthouselhpt.com prior to the call.
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Call in
number
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1-559-670-1000
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Participant Code
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321599#
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About Lighthouse Petroleum, Inc.
Lighthouse Petroleum, Inc. is in the initial development as a
junior oil and gas company. Lighthouse's initial focus will be on
acquiring abandoned wells and land leases believed to still have
sustainable development opportunities. Lighthouse believes the use
of modern technology will enable the company to reduce it risk in
the initial phase of development and open up new
opportunities. Lighthouse plans to create a base cash flow
from reentering these wells and establish the network to acquire
additional land asset in our targeted areas. The management's
focus is on acquiring and developing assets located in the Permian
Basin and Arch-Fort Worth Basin. Lighthouse is a growth
orientated junior Oil & Gas Company that trades on the OTC
markets under the symbol "LHPT".
About Paradigm Oil and Gas Inc.
Paradigm Oil and Gas Inc. (OTC Pink: PDGO) identifies and
acquires energy properties with previously discovered known oil and
gas reserves that have not either been fully produced from, or
fully developed and defined. For more information about Paradigm
Oil & Gas, visit the website at www.ParadigmOilInc.com.
Forward Looking Statement
This release contains "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E the Securities Exchange Act of 1934, as amended and
such forward-looking statements are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. "Forward-looking statements" describe future expectations,
plans, results, or strategies and are generally preceded by words
such as "may," "future," "plan" or "planned," "will" or "should,"
"expected," "anticipates," "draft," "eventually" or "projected."
You are cautioned that such statements are subject to a multitude
of risks and uncertainties that could cause future circumstances,
events, or results to differ materially from those projected in the
forward-looking statements, including the risks that actual results
may differ materially from those projected in the forward-looking
statements as a result of various factors, and other risks.
Lighthouse Petroleum, Inc. is an exploration company with limited
experience in the oil and gas industry. At the time of this release
Lighthouse Petroleum, Inc. lacks the financial capabilities to meet
its financial obligations and its management expects to dilute the
company's shares to raise the necessary operating capital. Based
upon industry standards Lighthouse would be considered highly
speculative and lacks any competitive advantage over its
competition. Additional risks you should consider are that this
list is limited and additional risk not mentioned may apply:
failure to meet Lighthouse's financial and contractual obligations,
Lighthouse's managerial errors made based upon the Company's
limited experience and knowledge of the industry, commodity risk,
acts of God and regulatory risk. You should consider these factors
in evaluating the forward-looking statements included herein, and
not place undue reliance on such statements.
Contact:
Todd Violette , CEO
Lighthouse Petroleum, Inc.
1-214-784-3103
info@lighthouselhpt.com
Investor Relations
Henry Harrison
IR Pro 2.0, Inc.
407-682-2255
henry@insidewallstreet.com
SOURCE Lighthouse Petroleum, Inc.
