CenGroup Petroleum Corporation, An Oil Recovery Company, Opens Offices In Azerbaijan.VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography & BAKU, Azerbaijan -- CenGroup Petroleum Corporation (Pink Sheets:CPCO CPCO Central Port Call Office CPCO Certified Pest Control Operator's Association of Florida (Tamarac, Florida) ), an international oil recovery company is pleased to announce the opening of Corporate Offices at 106 Nobel Prospect in Baku, Azerbaijan. The Company has also acquired a facility to house the sorbent sorbent /sor·bent/ (sor´bent) an agent that sorbs; see absorbent and adsorbent. sorbent an agent that sorbs. manufacturing plant, field operation equipment and storage. FOLLOW OUR PROGRESS: We invite you to log onto our newly launched website at www.cengrouppetroleumcorp.com for Corporate updates. "Phase 3 of the business plan is in full swing," said CenGroup 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. , Major Neville Trevor, from his Baku office, "Putting the plan into action to reclaim a precious resource while improving the environment are great goals. In other words Adv. 1. in other words - otherwise stated; "in other words, we are broke" put differently , while making a profitable enterprise from oil cleanup and recovery we will be restoring the environment in this devastated dev·as·tate tr.v. dev·as·tat·ed, dev·as·tat·ing, dev·as·tates 1. To lay waste; destroy. 2. To overwhelm; confound; stun: was devastated by the rude remark. area. We will be doing well while doing good." CenGroup also announced the appointment of AzExpert Law Firm, as the Company's local legal representation in Azerbaijan. The Company chose AzExpert Law Firm because of their expertise in contract negotiations in the Caspian Sea Caspian Sea (kăs`pēən), Lat. Mare Caspium or Mare Hyrcanium, salt lake, c.144,000 sq mi (373,000 sq km), between Europe and Asia; the largest lake in the world. Region. [The firm and their Director, Ayyubzadeh Fuad (known as "Fuad"), can be reached at phone +994 12 493 8551, fax +994 12 493 8521, azekspertlawfirm@yahoo.com.] About CenGroup Petroleum Corporation CenGroup Petroleum Corporation (Pink Sheets: CPCO) was developed to take advantage of an opportunity to recover surface oil in the Caspian Sea Region. Over the past five years the Company has singularly positioned itself in this lucrative region by developing relationships within the Azerbaijan government. It has been estimated that there are approximately 250 million barrels of surface oil lying on water and land in the Caspian Sea Region, with nearly 1 million new barrels of oil leaking to the surface each year. CenGroup is working with the government of Azerbaijan to reclaim the oil to productive use while environmentally restoring the land, sea, and shore. This release contains "forward-looking" statements that are made pursuant to the Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. 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. These are statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as "may," "will," "expects," "projects," "anticipates," "estimates," "believes," "intends," "plans," "should," "seeks," and similar expressions. Forward-looking statements involve known and unknown risks and uncertainties that may cause actual future results to differ materially from those projected or contemplated in the forward-looking statements. Forward-looking statements may be significantly impacted by certain risks and uncertainties described in CenGroup' filings with the Securities and Exchange Commission. The risks and uncertainties referred to above include, but are not limited to, our relatively limited operating history, our ability to hire, retain and motivate our employees and manage our growth, competition, our ability to continue to release and gain customer acceptance of new and improved versions of our service, successful customer deployment and utilization of our services, fluctuations in the number of shares outstanding, foreign currency exchange rates and interest rates. |
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