Apollo Resources International Forms Board of Advisors.DALLAS -- Apollo Resources International, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AOOR AOOR Annals Of Operations Research ) today announced that the Company has formed a Board of Advisors to assist the company with specific expertise in projects the Company plans to undertake in the coming months. The individuals will have extensive backgrounds in the fields of oil & gas operations, finance, and business development and will render such advice and lend such expertise as may be required by the Chairman and the Company Board of Directors. The Company cited its ongoing oil production operations in northwest New Mexico New Mexico, state in the SW United States. At its northwestern corner are the so-called Four Corners, where Colorado, New Mexico, Arizona, and Utah meet at right angles; New Mexico is also bordered by Oklahoma (NE), Texas (E, S), and Mexico (S). , and the upgrades it is making to the properties to increase production as one of the projects that will benefit from the new Board of Advisors. Similarly, the Company's newly acquired pipeline system in Oklahoma, and its recent opportunities in Kaliningrad, Russia will benefit from the presence of an outside group of experienced professionals committed to assisting the Company's efforts. The Board of Advisors will initially consist of George Lowrance, an attorney based in Fort Worth, Texas Fort Worth is the fifth-largest city in the state of Texas, 18th-largest city in the United States[1], and voted one of "America’s Most Livable Communities. (Chappell, Hill & Lowrance, L.L.P.) with 35 years of experience in oil & gas related matters. Mr. Lowrance currently serves as a trustee of the Falcon Financial Investment Trust (Nasdaq:FLCN), a director of the Southwest Texas Medical Foundation and on several charitable and community foundation boards. Mr. Lowrance has previously served as an officer with the Central Intelligence Agency and as Executive Assistant to the Governor of Texas and as Executive Vice President and General Counsel for United Auto Group (NYSE NYSE See: New York Stock Exchange :UAG UAG amber codon, one of the three stop codons. ). Apollo Resources International is a public energy company focused on the acquisition and development of upstream From the consumer to the provider. See downstream. (networking) upstream - Fewer network hops away from a backbone or hub. For example, a small ISP that connects to the Internet through a larger ISP that has their own connection to the backbone is downstream from the larger oil & natural gas production assets. Additionally, the Company evaluates and develops existing and future alternative energy sources. This press release includes "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. " within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions. |
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