GXG Markets UK are pleased to announce the listing of Compass Energy Resources Plc
Compass Energy Resources Plc and its directors are pleased to announce that shares of the company have commenced trading on the GXG Markets UK OTC on August 9th, 2011 under the trading symbol "COMP".
- (1888PressRelease) August 10, 2011 - Mr. Huntley Andrews, Managing Director & CEO stated, "The listing on the GXG Markets UK OTC follows the Company's strategy of penetration into the European investment community. We recognize the growing interest and support we have been receiving in Europe, and hope the listing will facilitate and encourage their continued participation in our market. We thank everyone for their support in the listing and look forward to expanding the company's goals."
About GXG UK Markets
GXG Markets UK, London OTC Exchange, is a dedicated UK market operation offering the full range of its market and trading solutions to SMEs within the UK. GXG Markets operates a Regulated Market that delivers an efficient and transparent trading platform specifically designed to meet the needs of small- and micro-cap companies offering "new ways" in IPO's and Capital Markets.
About Compass Energy Resources PLC
Our mission is to acquire, develop, and exploit Oil & Gas reserves that are producing and/or previously producing Oil fields located in the USA & Canada ,we strive to increase proven domestic reserves, we do this by exploring new fields and revisiting previously drilled areas to discover them anew with advanced technology.
As the need to protect precious resources increases, forward-thinking companies such as Compass Energy are providing an economical approach to oil and gas reserves. Using state-of-the-art technology, Compass Energy selects only high quality prospects, increasing recovered resources per each well.
Our mandate is to utilize North America's leading hydrocarbon asset database to identify prematurely suspended Wells.
Put identified Wells back in to production using a variety of technologies;
Rework Wells in the fields that show substantial potential for increased production.
We use powerful geological search tools to efficiently find gas & oil well bore candidates. These geological and statistical analysis tools enhance search efficiency by organizing viable well bore candidates by key measurements. In this complex energy market, Compass Energy is consistently developing oil and gas prospects that have a solid geological foundation. We have assembled a team of regional experts to evaluate our projects from inception to completion. By taking advantage of technological innovations, we are strategically recovering domestic oil and gas reserves.
Cautionary Note Regarding Forward-looking Statements
Certain statements contained in this news release may constitute forward-looking information, within the meaning of Canadian securities laws. Forward-looking information may relate to this news release and other matters identified in the Company's public filings, Forward-looking information and anticipated events or results and can be identified by terminology such as "may", "will", "could", "should", "expect", "plan", "anticipate", "believe", "intend", "estimate", "projects", "predict", "potential", "continue" or other similar expressions concerning matters that are not historical facts and include, but are not limited in any manner to, those with respect to capital and operating expenditures, economic conditions, availability of sufficient financing, receipt of approvals, satisfaction of closing conditions and any and all other timing, development, operational, financial, economic, legal, regulatory and/or political factors that may influence future events or conditions.
Such forward-looking statements are based on a number of material factors and assumptions, including, but not limited in any manner, those disclosed in any other public filings of the Company, and include the ultimate availability and final receipt of required approvals, sufficient working capital for development and operations, access to adequate services and supplies, availability of markets for products, commodity prices, foreign currency exchange rates, interest rates, access to capital markets and other sources of financing and associated cost of funds, availability of a qualified work force, availability of manufacturing equipment, no material changes to the tax and regulatory regime and the ultimate ability execute its business plan on economically favourable terms. While we consider these assumptions to be reasonable based on information currently available to us, they may prove to be incorrect. Actual results may vary from such forward-looking information for a variety of reasons, including but not limited to risks and uncertainties disclosed in other Company filings and other unforeseen events or circumstances. Other than as required by law, the Company does not intend, or undertake any obligation to update any forward looking information to reflect, among other things, new information or future events.
Neither the GXG Markets UK nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
For more information please go to www.compassenergyresources.com.
Or contact the company at info ( @ ) compassenergyresources dot com.
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