Green2009
4 년 전
Per OTC
https://www.otcmarkets.com/stock/WWNG/profile
DESCRIPTION
WW Energy, Inc. is a holding comapny that was created to acquire oil and gas related companies and services. Currently, WW Energy Inc. has one subsidiary; WW Trucking, Inc. WW Trucking, Inc. is a leading transport company in the oil field services industry in the four states of Utah, Colorado, New Mexico and Arizona (The Four Corners Area).
http://www.wwtruckinginc.com/
Interesting, trying to get some shares at 0.009, but no luck so far.
Uriah Heep
17 년 전
News:
WW Energy Signs Letter of Intent Worth Revenues of $ 500k Per Month
WW Energy Inc. (Pinksheets: WWNG) -- a holding company that was created to acquire oil and gas service companies as well as oil and gas-related assets -- announced that the Company has gone forward with the signing of a letter of intent which would lead to the production of wells in Terry County, Texas.
This purchase of the working interest in the Terry County, TX. Wells will generate revenues of $500,000.00 per month producing 2,150 bbls. of oil and 3,985 mcfd per day. Of the approximately 75 wells identified to be drilled, six have been completed and another twenty-four wells have been identified for drilling.
The strategic ownership of critical pipeline infrastructure, proprietary seismic data and participation in key wells and leases can bring nothing but excitement to this dynamic company.
The addition of this revenue for this company will increase its position in the energy sector, enabling further exploration and development opportunities in the future.
Cryptics
17 년 전
News for 'WWNG' - (WW Energy Provides Corporate Update)
FARMINGTON, N.M., Mar 10, 2008 (BUSINESS WIRE) -- WW Energy Inc. (Pink
Sheets:WWNG) President, Olin Glover, is pleased to update in order to clarify
developments that have occurred in the company over the past several months and
to expla in a shift in direction currently underway.
"Over the past several months we have been aggressively reviewing several
opportunities in the oil and gas area, to build an initial land bank with good
prospects to potentially develop into producing oil and gas fields. More
recently, as with the Success Oil acquisition, we have begun to focus on
purchasing producing oil and gas properties to take advantage of immediate cash
flows as well as further developing the producing acreage. In the near future,
we expect to announce further acquisitions of producing oil and gas properties
with infrastructure in place. In addition, several opportunities pertaining to
alternative energy have appeared and plans are underway to create a separate
division within the company should negotiations involving these opportunities be
successfully concluded. It's an exciting time for WW Energy and we want to make
sure shareholders understand where we're going and why."
WW Trucking Inc:
WW trucking is continuing to grow due to high demand for its services to the oil
and gas industry. As recently announced, the truck fleet has expanded by
thirty-five percent this year and is expected to grow even further. The company
also expects record revenues in fiscal 2008.
Recently, the company strategy has shifted to purchasing producing oil and gas
properties in order to create immediate cash flows. The announcement of
purchasing assets is the first acquisition involving this strategy. Negotiations
are ongoing with other properties and it is anticipated further announcements
regarding new acquisitions that will enhance immediate cash flows will be
forthcoming.
WW Energy Inc., is a holding company that was created to acquire oil and gas
service companies as well as oil and gas-related assets through two wholly owned
subsidiaries.
WW Trucking Inc., formed in 1999, is a leading oil an d gas services company for
the oil field services industry in Utah, Colorado, New Mexico and Arizona (The
Four Corners Area). Their existing business operations are in transporting fresh
production water for oil drilling/exploration and waste water for disposal. They
also provide services for heavy hauling of drilling and well equipment needed in
the oil and gas production and exploration industry.
Forward-looking statements
A number of statements contained in this press release are forward-looking
statements that are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. These forward-looking statements
involve a number of risks and uncertainties, including timely development, and
market acceptance of products and technologies, competitive market conditions,
successful integration of acquisitions and the ability to secure additional
sources of financing. The actual results of WW Ene rgy Inc. may achieve could
differ materially from any forward-looking statements due to such risks and
uncertainties, including but not limited to, the fact that no assurance can be
given that any proposed acquisitions will be consummated at all.
SOURCE: WW Energy Inc.
CONTACT: WW Energy Inc.Olin Glover, 505-326-1322 (Investor Relations)
Copyright Business Wire 2008
-0-
Cryptics
17 년 전
News for 'WWNG' - (WW Energy Issues Update on Wells in Terry County, Texas)
FARMINGTON, N.M., Mar 06, 2008 (BUSINESS WIRE) -- WW Energy Inc. (Pink Sheets:
WWNG) - a holding company that was created to acquire oil and gas service
companies as well as oil and gas-related assets - announced that th e Company has
signed a Letter of Intent for the Producing Wells in Terry County, Texas.
WW Energy is moving forward on wells, and hopes to finish engineering study
soon.
WW Energy Inc. has the opportunity to purchase a working interest in the field
mentioned above. This would give the company a cash flow of approximately
$500,000.00 per month. The total field is producing approximately 2,150 bbls. of
oil and 3,985 mcfd per day. More than 50 wells have been drilled since late 1999
with another two dozen wells identified to drill so far, some being development
wells, and some wildcat. There were six wells newly completed and online as of
October.
The portfolio is ideally suited for a company seeking new exploration and
development opportunities while enjoying strong cash flows being generated from
executed projects to date. Such a company will appreciate the strategic
ownership of critical pipeline infrastructure, proprieta ry seismic data and
participation in key wells and leases.
Forward-looking statements
This press release contains "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995. Statements in the release
that are forward-looking statements are based on current expectations and
assumptions that are subject to known and unknown risks, uncertainties, or other
factors which may cause actual results, performance, or achievements of the
company to be materially different from any future results, performance, or
achievements expressed or implied by such forward-looking statements. Actual
results could differ materially because of factors such as the effect of general
economic and market conditions, enter into markets with vigorous competition,
market acceptance of new products and services, continued acceptance of existing
products and services, technological shifts, and delays in product develo pment
and related product release schedules, any of which may cause revenues and
income to fall short of anticipated levels. All information in this release is
as of the date of this release. The company undertakes no duty to update any
forward-looking statement to conform the statement to actual results or changes
in the company's expectations.
SOURCE: WW Energy Inc.
CONTACT: WW Energy Inc.Olin Glover, 505-326-1322
Copyright Business Wire 2008
soupoftheday
17 년 전
WW Energy Signs Letter of Intent (LOI) For Producing Wells in Terry County, Texas. Business Wire "US Press Releases "
FARMINGTON, N.M.--(BUSINESS WIRE)--
WW Energy Inc. (Pink sheets: WWNG) - a holding company that was created to acquire oil and gas service companies as well as oil and gas-related assets - announced that the Company has signed a Letter of Intent for the Producing Wells in Terry County, Texas .
WW Energy Inc. has the opportunity to purchase a working interest in the field mentioned above. This would give the company a cash flow of approximately $500,000.00 per month. The total field is producing approximately 2,150 bbls. of oil and 3,985 mcfd per day. More than 50 wells have been drilled since late 1999 with another two dozen wells identified to drill so far, some being development wells, and some wildcat. There were six wells newly completed and online as of October.
The portfolio is ideally suited for a company seeking new exploration and development opportunities while enjoying strong cash flows being generated from executed projects to date. Such a company will appreciate the strategic ownership of critical pipeline infrastructure, proprietary seismic data and participation in key wells and leases.
Forward-looking statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in the release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, enter into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.
Source: WW Energy Inc.