Creston Resources Announces New Oil and Gas Well.SALT LAKE CITY -- Creston Creston may refer to:
Creston's best estimate of the crude oil production is approximately 30 bls. per day. This well is a joint venture between Creston and BP America Production Co. (formerly British Petroleum). Creston Resources owns a one-eighth interest in the well, as well as in the surrounding sur·round tr.v. sur·round·ed, sur·round·ing, sur·rounds 1. To extend on all sides of simultaneously; encircle. 2. To enclose or confine on all sides so as to bar escape or outside communication. n. leasehold An estate, interest, in real property held under a rental agreement by which the owner gives another the right to occupy or use land for a period of time. leasehold n. properties. Creston Resources Ltd. estimates that within the surrounding leasehold area it will be possible for BP America Production Co. to drill an additional three wells. Further information may be obtained by going to the Creston Resources Inc. Web site at www.crestonresources.com. This press release in no way constitutes a reason to purchase the stock of CSTJ, as the company cannot predict the outcome to be a success. 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. and comments in this press release 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 Securities and Exchange Act of 1934. Such statements relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc , among other things, the prospects for the companies to complete the transactions and enhance the operating results are necessarily subject to risks and uncertainties, some of which are significant in scope and nature. These risks may be further discussed in periodic reports and registration statements to be filed by the company from time to time with the Securities and Exchange Commission in the future. |
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