Brian Alfaro and Alfaro Oil and Gas, Active in the Eagle Ford Shale and Excited About Job Growth News

Brian Alfaro, president of Alfaro Oil and Gas is proud to be a part of the economic growth associated with the Eagle Ford Shale in Texas. End Quote

Oil Boom in Eagle Ford Shale Brings New Wealth to South Texas

San Antonio, TX (1888PressRelease) August 27, 2012 - Brian Alfaro, president of Alfaro Oil and Gas is thrilled by the recent news of job growth thanks to activities in the Eagle Ford Shale. Alfaro Oil and Gas has been involved in the Gonzales County area of the Eagle Ford Shale since acquiring approximately 450 acres in the exclusive and much sought-after area in December 2011.

Earlier this summer, a report published by the Dallas Federal Reserve Bank, titled "Oil Boom in Eagle Ford Shale Brings New Wealth to South Texas," stated, "The oil boom's impact on jobs, income and spending in the region has been profound." The trend in job creation and economic growth in the Eagle Ford area of Texas continues thanks to events like Texas Economic Development & Energy Job Fair held this week which brought in about 800 job seekers, including military veterans, recent college graduates and some who are employed. Job seekers from all over are looking to get in on the future growth associated with work in the Eagle Ford Shale area of Texas.

The economic boom in South Texas was detailed in a report published by the Dallas Federal Reserve Bank included growth of 15.4% in seasonally adjusted retail sales in the 23-county area, sales tax revenue increases of 9.3%, and annualized growth in weekly wages of 14.6%.

Brian Alfaro, a longtime entrepreneur is proud of Alfaro Oil and Gas' involvement in the Eagle Ford and looks forward to continuing to contribute to the economic growth of Southern Texas. The 2011 acquisition in the Eagle Ford Shale allowed Alfaro Oil and Gas to provide turnkey drilling and testing and an average of over 120 feet of potential oil play.

It is believed that the shale formation in South Texas has an estimated 3 Billion barrels of shale oil reserves that could add up to 420,000 BOPD to United States oil production. Brian Alfaro and Alfaro Oil and Gas, in their ongoing commitment to providing partners with the highest quality oil and gas prospects available, expect the Eagle Ford Shale project to earn 70% net revenue on associated leases.
Alfaro Oil and Gas and Brian Alfaro are proud to be a part of the economic growth in South Texas as they work toward doing their part in increasing United States oil production while minimizing impacts on the environment. Brian Alfaro is proud that his company's involvement in the Gonzales County area of the Eagle Ford Shale is contributing the economic growth in the area. Along with Alfaro Oil and Gas, companies including Forest Oil Corporation, EOG Resources, Rosetta Resources, Chesapeake, Marathon, and Cabot are contributing to the oil boom through their involvement in the Eagle Ford Shale.

About Alfaro Oil and Gas
Alfaro Oil and Gas is continually pursuing partnerships with other highly regarded companies to drill and develop potentially productive properties, giving them a clear-cut advantage on the competition.

For additional information, contact:
Brian Alfaro
Alfaro Oil and Gas, LLC
21022 Gathering Oak, Suite 2103
San Antonio, Texas 78260
(210) 490-8200
Brian ( @ ) alfaroenergycorp dot com
http://www.alfaroenergycorp.com

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