Triton American Energy Signs Definitive Agreement to Merge with American Rig Housing
31 Julio 2007 - 2:47PM
Business Wire
Triton American Energy Corp. (PINKSHEETS: TRAE), provider of
natural gas and crude oil, is pleased to announce they have signed
a definitive agreement to merge with American Rig Housing, Inc.
American Rig has been in operation for 15 years and manufactures
temporary housing for drilling rig crews. The company owns over 65
housing and office units and has consistently generated annual
revenues of approximately $1.4 million. Revenues for 2007 are on
target to exceed $2 million. Mr. Louis Guidry will handle the
service side of the business and Mr. Larry Hargrave will handle the
exploration and production of the combined operations. For more
information, please contact Investor Relations at (973) 351-3868
for Stephen Taylor or visit our website at:
www.tritonamericanenergycorp.com. Safe Harbor Statement under the
Private Securities Litigation Reform Act of 1995: Except for
historical information, the forward looking matters discussed in
this news release are subject to certain risks and uncertainties
which could cause the Company's actual results and financial
condition to differ materially from those anticipated by the
forward-looking statements including, but not limited to, the
Company's liquidity and the ability to obtain financing, the timing
of regulatory approvals, uncertainties related to corporate
partners or third-parties, product liability, the dependence on
third parties for manufacturing and marketing, patent risk,
copyright risk, competition, and the early stage of products being
marketed or under development, as well as other risks indicated
from time to time in the Company's filings with the Securities and
Exchange.
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