Cheetah Oil & Gas Ltd. Completes Agreement to Acquire Majority of Scotia Petroleum Incorporated.LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. -- Cheetah Oil & Gas Ltd.(OTCBB OTCBB See OTC Bulletin Board (OTCBB). :COGL COGL Cut Out, Glue, and Label ) has completed the acquisition of an 85% interest in Scotia Petroleum Incorporated and has also acquired an option to purchase a further 14% interest from one party. Cheetah Oil & Gas Ltd. has now acquired one of the largest oil & gas exploration land packages of any company in the country of Papua New Guinea Papua New Guinea (păp`  ə, –y . Cheetah Oil & Gas Ltd. is now the operator of a total of five Petroleum Prospecting Licenses in Papua New Guinea: PPL-245; PPL-246; PPL-249; PPL-250; and, PPL-252. The total area of land covered by these exploration licenses is approximately 8.4 million acres which is in excess of 13,000 square miles. Mr. Jack Mr. Jack was a funny animals comic strip by Jimmy Swinnerton which ran from about 1903 until 1935. History When Jimmy Swinnerton moved from the San Francisco Examiner to the New York Journal in 1896, he changed his The Little Bears to Sari, Chief Geologist, said "We are very happy to have gathered an outstanding package of land assets with excellent oil and gas prospectivity. Cheetah Oil & Gas intends to thoroughly explore these lands and exploit every opportunity to become an energy producer of significant scope. We have an excellent team on the ground now and are busily generating and evaluating target data." Cheetah Oil & Gas Ltd. is evaluating additional property and asset acquisitions and joint ventures in Papua New Guinea. Disclaimer: The Company relies upon 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. Laws of 1993, 1934, and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, managing and maintaining growth, the effect of adverse publicity, litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. , competition and other factors which may be identified from time to time in the Company's public announcements. |
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