Frontier Energy Corporation Declines Coalbed Methane Project
2007年6月25日 - 8:30PM
PRニュース・ワイアー (英語)
NORTH LAS VEGAS, Nev., June 25 /PRNewswire-FirstCall/ -- Frontier
Energy Corp. ("Frontier") (OTC:FRGY) (BULLETIN BOARD: FRGY) has
decided to decline the coalbed methane project originally described
in its press release dated May 26, 2007. After performing its due
diligence, the Company has decided not to pursue this project and
will instead focus on developing its existing oil and gas lease.
About Frontier Energy Corp. Frontier is an exploratory oil and gas
business headquartered in Las Vegas, Nevada. Frontier has one gas
lease under contract and intends to enter into drilling, completion
and distribution agreements to exploit this lease. Frontier also
intends to enter into additional leases, as its funding permits.
Except for the historical information presented, the above
statements are "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995 or regulations
there under. These forward- looking statements are subject to risks
and uncertainties, and actual results may differ materially. These
risks include the economic health of the oil and gas industry,
competitive pricing pressures, completion of possible acquisitions,
success at integrating and operating any acquired operations and
the availability of necessary financing. These statements speak
only as of above date, and Frontier Energy Corp. disclaims any
intent or obligation to update them. DATASOURCE: Frontier Energy
Corp. CONTACT: Robert Genesi, President of Frontier Energy Corp.,
+1-702-648-5849, Web site: http://www.frontierenergycorp.com/
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