Blue Coast Banc Announces Joint Venture With Remington Energy Group Corporation

August 21, 2013
Top Quote Blue Coast Banc today announced a Joint Venture Partnership with Remington Energy Group Corporation for the Expansion of the Company's Oil & Gas Operations in Pennsylvania. End Quote
  • (1888PressRelease) August 21, 2013 - Los Angeles, CA - Blue Coast Banc (a Division of Blue Coast Securities Corporation, a Los Angeles Based Investment Banking firm) today announced it has entered into a Joint Venture agreement with Remington Energy Group for the expansion of Oil & Gas Operations on approximately 3,500 acres under lease in McKean, Warren and Forrest County, Pennsylvania.

    Remington Energy Group Corporation's Corporate Team has been involved in the Oil & Natural Gas Industry since the 1970's. The Company's Management has drilled and managed over 3,000 producing Oil & Natural Gas Wells across eight states. The Company's Management Team has established an excellent performance record with a 100% completion rate and over 98% hit rate for producing wells. In the adjacent Pennsylvania leases, the Company's drilling team has a 100% hit rate for the last 75 wells drilled over the last seven months.

    Remington Energy Group Corporation (formerly, "Remington Energy Group, LLC), a Nevada Corporation, is not using a selling agent or finder in connection with this offering. Remington Energy Group Corporation will be using a Website (www.BlueCoastBanc.com) as an online portal and information management tool in connection with the Offering. The website, www.BlueCoastBanc.com is owned and operated by Blue Coast Securities Corporation, an equity partner of Remington Energy Group Corporation.

    Remington Energy Group Corporation's Securities Offerings will be available for viewing and download 24 hours a day, 7 days a week to registered and qualified investors at www.BlueCoastBanc.com.

    About Blue Coast Banc, Blue Coast Securities Corporation and BlueCoastBanc.com:
    Officially launched in July of 2013, BlueCoastBanc.com is the First and Only "CrowdFunding" site platform for private companies seeking to raise debt or equity capital through public marketing and advertising. The Securities offered by Issuers on BlueCoastBanc.com include: Regulation A, Regulation S, Regulation D (rules 504 & 506), California Intra-State Exempt Securities Offerings pursuant to CA Rule 1001 (w/ 25102N Filing) and SCOR Offerings.

    All Companies listed at BlueCoastBanc.com have reporting requirements much like Companies listed on the U.S. OTCQX Market. BlueCoastBanc.com Listed Companies are required to file with Blue Coast Banc a set of quarterly "un-audited" financial reports and a set of fully audited financial reports within 90 days of the close of the corporate calendar year. BlueCoastBanc.com Listed Company CEO's are required to hold a quarterly conference call with all current investors, potential new investors and any finance industry professionals who wish to attend (or listen to), and issue a monthly "State of the Company" letter that is posted on the Company's page at www.BlueCoastBanc.com.

    BlueCoastBanc.com is the First and Only "CrowdFunding" site that allows Investors (or Investment Managers / Brokers) to go through the entire investment process online without the need to print, scan, email, fax, mail a check or wire funds. BlueCoastBanc.com also features the industry's very first "Secondary Market Portal" where investors of securities issued by Companies listed at BlueCoastBanc.com can sell / buy or trade both debt or equity securities.

    Blue Coast Securities Banc can be followed on the Following Social Media Sites:

    Twitter: https://twitter.com/BlueCoastSec
    Facebook: http://www.facebook.com/pages/Blue-Coast-Securities-Corporation/294843430641516?fref=ts

    Blue Coast Securities Corporation Websites:
    www.BlueCoastBanc.com
    www.BlueCoastPrivateClient.com
    www.BlueCoastSecurities.com
    www.FixedIncomeMortgage.com
    www.SteveMuehler.com

    This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    All trademarks and service marks are the property of the respective parties.

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