Amazing Energy Oil and Gas Co. is pleased to announce the execution of a non-binding Letter of Intent, which relates to the acquisition of Gulf South Securities, Inc., a firm specializing in the raising of both drilling and corporate capital.
Jed Miesner, CEO of the Company, announced, “The team at Gulf South has a proven track record of delivering the capital for continued and accelerated drilling on our acreage position. We see a very attractive opportunity to move ahead when well costs have declined significantly in the past year. The addition of Gulf South’s capital raising and geological experience will be a valuable addition to our team.”
Source: Amazing Energy Oil and Gas Co.
Date: Mar 9, 2016