Amerimine Seeks Joint Ventures in Nigerian Oil Fields.DENVER -- Amerimine Resources, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AMRR AMRR Adaptive Multi Rate Retry AMRR Aircraft Material Readiness Report AMRR Alkali Metal Residue Removal AMRR Army Materiels Research Reactor AMRR Asbestos Materials Report and Register ) After obtaining its objectives in the Nigeria 2005 Licensing Round, which culminated with a Commercial Bidding Conference held in Abuja on the 26th and 27th of August 2005, Amerimine is ready to use this as a spring board to pursue other oil and gas opportunities in the region. Amerimine believes that its consortium will benefit greatly from the strength of its local ties in Nigeria. We have the ability to solve the problem faced by all multi-nationals as (Chevron, Texaco, Shell) perceived insensitivities to local concerns and national pride. Amerimine believes that its consortium will be able to reach agreements with local leaders to develop highly productive oil properties--properties that the major oil companies lack local political will to develop. The company is currently active in the Gulf of Guinea Noun 1. Gulf of Guinea - a gulf off the southwest coast of Africa Bioko - an island in the Gulf of Guinea that is part of Equatorial Guinea Atlantic, Atlantic Ocean - the 2nd largest ocean; separates North and South America on the west from Europe and Africa region. Over the next five years, one in five new barrels of oil on the global market will come from the Gulf of Guinea, and more than $33 billion will be invested in the region, 40 percent of it from American companies, the Washington-based Center for Strategic and International Studies The Center for Strategic and International Studies (CSIS) is a Washington, D.C.-based foreign policy think tank. The center was founded in 1964 by Admiral Arleigh Burke and historian David Manker Abshire, originally as part of Georgetown University. estimates. About The Company Amerimine Resources Inc. is a fully reporting and trading company on the NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB (Trading symbol AMRR). Amerimine is becoming a fully integrated energy company whose interests include traditional oil and gas exploration and development. This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by 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. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results. |
|
Printer friendly
Cite/link
Email
Feedback
Reader Opinion