``Positive cash flow oil and gas projects'': A Web Radio Series Featuring Interviews with CEOs, by IPOdesktop.com.Business Editors LOS LOS Length of stay, see there ANGELES--(BUSINESS WIRE)--Jan. 8, 2002 IPOdesktop.com presents "Positive cash flow oil and gas projects," a web radio show with John Punzo, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Sonoran So`no´ran a. 1. (Biogeography) Pertaining to or designating the arid division of the Austral zone, including the warmer parts of the western United States and central Mexico. Energy, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :SNRN SNRN Sorry, Not Right Now ). SNRN acquires and operates smaller, underdeveloped un·der·de·vel·oped adj. Not adequately or normally developed; immature. oil and gas projects that do not meet the minimum requirement criteria of major oil and gas corporations. CEO Guest: John Punzo, Chairman and CEO of Sonoran Energy Show host: Francis Gaskins, Editor, http://IPOdesktop.com CLICK TO LISTEN RealAudio: http://gaskinsco.com/snrn.ram For Windows Media: http://gaskinsco.com/snrn.asx (If these are not direct links simply copy and paste to your Internet browser to listen to the interview) RADIO SHOW AGENDA BACKGROUND -- Strong production and exploration team -- Base of revenue -- Growth by acquisition and by expanding current operations ACQUISITION CRITERIA -- Positive cash flow -- Low cost, undervalued and a high rate of return. -- Projects must include close access to commercial distribution and modern application of oil and gas engineering technology. -- In two recent acquisitions SNRN acquired a 60% working interest in a property but receives 80% of the net revenue until it has recouped 150% of its acquisition costs. CURRENT CALIFORNIA OPERATIONS -- Keystone Oil Company's Deer Creek Property (Bakersfield area) -- Emjayco's Glide #33 property (Bakersfield area) -- San Antonio project (deep well, production testing), located in the Salinas Basin, Monterrey California STRATEGIC PARTNERSHIPS -- Archer Exploration -- Longbow LLC About Sonoran Energy (http://www.sonoranenergy.com/) Sonoran Energy's primary objective is to identify, acquire, and develop working interests in smaller, underdeveloped oil and gas projects that do not meet the minimum requirement criteria of major oil and gas corporations. Sonoran Energy's goal is to be recognized as a promising junior oil and gas producer. This news release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. |
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