Energy Management International and Newturn Oil Work to Evaluate and Finance Bolivian Oil and Gas Project
30 Julio 2010 - 8:40AM
Marketwired
Energy Management International Inc. (PINKSHEETS: ENMI) The CEO and
Board Chairman, William A. Petty, and company President and
Director, Howard Dunn, are working closely with Houston based
Newturn Oil's staff to complete technical and financial evaluations
on a unique oil and gas production project located in the "Banana
Belt" region of Bolivia's hydrocarbon production zone. Newturn Oil,
under a February, 2010 consulting arrangement with Energy
Management, is providing both technical assistance and introductory
services to locate potential finance partners interested to work
with Energy Management in South America. These recent efforts are
focused on a developing opportunity for Energy Management to
participate in the acquisition of several currently producing oil
and gas properties in the central region of Bolivia and if
successful would strategically position the company to continue
growth throughout this South American region's critical energy
market sector.
About Energy Management International,
Inc: Energy Management International, Inc. is positioning
itself to add North and South American oil and gas production, and
enter into downstream processing design, build, and/or operating
agreements in Paraguay, Bolivia, and Argentina. Additional
information is available at
www.EnergyManagementInternational.com.
DISCLOSURES: "Safe Harbor" statement under
the Private Securities Litigation Reform Act of 1995: This press
release contains forward-looking statements that are subject to
risk and uncertainties, including, but not limited to, the impact
of competitive products, product demand, market acceptance risks,
fluctuations in operating results, political risk and other risks
detailed from time to time in Energy Management International,
Inc.'s filings with the Securities and Exchange Commission. These
risks could cause Energy Management Internationals, Inc.'s actual
results to differ materially from those expressed in any
forward-looking statements made by, or on behalf of, Energy
Management International, Inc.
For additional information, please visit our website
(www.EnergyManagementInternational.com) or contact our Investor
Relations firm, A S Austin Company, 858-537-7439 or
ENMI@asaustinco.com.
Contact: A S Austin Company 858-537-7439 ENMI@asaustinco.com
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