One such business model is to find opportunities to utilize innovative green technologies and alternative energies to improve the efficiencies and profitability of collecting fossil fuels. Where feasible, Geo Finance can also create finance and leasing programs to help address the initial capital costs for operators to collect fossil fuels or for developers to build alternative energy fields.
January 9 - Geo Finance Corp. (GEFI) Identifies Drill Targets and Retains Operator for Newest Leases in Texas
Growing Oil Company Plans to Increase Production in Light of High Oil Prices
Geo Finance Corporation (Pink: GEFI) is pleased to announce that the managing partner of the newly acquired Jackson A&D leases, Armurtex Oil Corporation (a private corporation) has retained GGP Exploration Ltd of Shreveport Louisiana to operate the 200 acre field located in Archer and Wichita Counties, Texas.
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Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
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