Consolidated Oil and Gas Retains Vice President.Management Gains Significant Experience Drilling and Completing Wells HOUSTON -- Consolidated Oil and Gas, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: CSLG) is pleased to announce they have retained Mr. A.L. Dawsey as Vice President of Engineering. Mr. Dawsey has extensive experience supervising the drilling and completion of wells. His experience includes managing publicly traded companies publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. . Mr. Dawsey will be in charge of completing all wells which are acquired. He will also be responsible for analyzing old re-entry RE-ENTRY, estates. The resuming or retaking possession of land which the party lately had. 2. Ground rent deeds and leases frequently contain a clause authorizing the landlord to reenter on the non-payment of rent, or the breach of some covenant, when the wells and recommending proper procedures. Mr. Dawsey has over 20 years of experience supervising the drilling and completion of wells. He also managed Petro Tech, Inc as President 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. for over 10 years. During this time, Mr. Dawsey developed and sold seismic prospects to such industry partners as Texaco, Ladd Petroleum, Apache, Oryx oryx (ôr`ĭks), name for several small, horselike antelopes, genus Oryx, found in deserts and arid scrublands of Africa and Arabia. They feed on grasses and scrub and can go without water for long periods. and Marshall Exploration. Mr. Yeatman, President of Consolidated Oil and Gas, stated "We are honored to have Mr. Dawsey join our company. His experience and knowledge will enhance our expertise in completing new wells, analyzing re-entries and generating production quickly and efficiently. We are now reviewing several new well projects. We anticipate strong residual revenues in 2007." For more information please contact Investor Relations Investor relations The process by which the corporation communicates with its investors. at (973) 351-3868 or visit www.consolidatedoilgas.com. About Consolidated Oil and Gas: Consolidated Oil and Gas, Inc. is a US based company engaged in the exploration and production of onshore domestic oil and natural gas properties. The company's exploration and production activities are focused primarily in Texas. Their mission is to apply strong technical expertise to unlock substantial oil and gas resources in areas where production can be achieved quickly and efficiently. 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. Statement: This press release may contain forward looking statements, as defined in the Securities Reform Act of 1995. Actual events or results may differ from Consolidated Oil & Gas, Inc. expectations on a negative or positive basis and are subject to a number of known and unknown risks and uncertainties: including economic conditions, and availability of timely financing for projects. |
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