Boundary Bay announces "BBRE" selling of barrels acquired as part of previous deal
26 Marzo 2008 - 12:16PM
PR Newswire (US)
VANCOUVER, March 26 /PRNewswire-FirstCall/ -- Boundary Bay
Resources "BBRE" is pleased to announce that is has sold
approximately 200 barrels of oil acquired from Nitro petroleum as
part of the Jessica property deal. The company has received net
proceeds of $20,500 from this sale, all of which will be used for
general working capital interests. "This is a significant milestone
for boundary bay, as it marks the first revenues received from one
of our acquisitions," stated Lee Borschowa Boundary bay. About
Boundary Bay Resources, Inc. http://www.boundarybayresources.com/.
Boundary Bay Resources is a dedicated to building a competitive oil
and gas company that is cash flow positive. The Company intends to
acquire working interests in established oil and gas production
companies (Public or Private). Funds generated from this domestic
production will be used to acquire premium oil and gas properties
with both proven reserves and upside exploration potential. The
company understands how exploration or "blue sky" opportunities can
significantly increase the value of any company (especially when a
deposit is found). Therefore, once/if some solid acquisitions are
completed, our aim is to begin looking for potential oil and gas
properties. On Behalf of the Board of Directors, Lee Borschowa
President Safe Harbor Statement under the Private Securities
Litigation Reform Act of 1995: This news release contains
forward-looking information within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, including statements
that include the words "believes," "expects," "anticipate" or
similar expressions. Such forward-looking statements involve known
and unknown risks, uncertainties and other factors that may cause
the actual results, performance or achievements of the company to
differ materially from those expressed or implied by such
forward-looking statements. In addition, description of anyone's
past success, either financial or strategic, is no guarantee of
future success. This news release speaks as of the date first set
forth above and the company assumes no responsibility to update the
information included herein for events occurring after the date
hereof. CONTACT: 250media - Investor Relations, 1-888-472-1960,
DATASOURCE: Boundary Bay Resources Inc. CONTACT: 250media -
Investor Relations, 1-888-472-1960,
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