Cambridge Energy Corporation Announces the Completion of Third Party Reservoir Evaluation on its Latest Acquisitions.Business Editors LAFAYETTE, La.--(BUSINESS WIRE)--Jan. 8, 2001 Cambridge Energy Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CNGG), an oil and gas exploration and production company which owns and operates producing properties in Louisiana and Indonesia, announced that one of the largest, oldest and most respected reservoir-evaluation consulting firms Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a in the petroleum industry has completed their analysis of Cambridge's latest acquisition of oil and gas properties. This represents a major step toward the initiation of Cambridge's drilling program for the coming year. Perry West, 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 Cambridge Energy stated, "We are pleased to have an independent review and evaluation of Cambridge's oil and gas reserves by one of the industry's most respected firms which supports the work of our technical staff. This has enabled Cambridge to finalize fi·nal·ize tr.v. fi·nal·ized, fi·nal·iz·ing, fi·nal·iz·es To put into final form; complete or conclude: "They have jointly agreed ... development plans on its oil and gas properties to maximize resource recovery." |
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