Primary Capital Ltd.
First Pacific Oil & Gas Inc. Announces Acquisition of Two Deep Oil Wells in Northern Louisiana
First Pacific Oil and Gas Company Ltd. / Key word(s): Acquisition 02.04.2012 / 23:54 --------------------------------------------------------------------- Peoria, Arizona -- (IMMEDIATE RELEASE) -- April 2nd, 2012 First Pacific Oil and Gas Ltd. (C2G.F) is pleased to announce that it has acquired two deep oil wells in Hosston, Louisiana, namely the Hoss Fee #14 and the Hoss Fee #15, from a private Louisiana-based operator. Under the terms of the Agreement , the Company will issue a total of 10,000,000 shares for the purchase. The Two wells are currently producing from the shallow zones and have the potential to see increased production from the deeper zones. About the ArkLaTex Oil-Producing Region The ArkLaTex is a U.S. socio-economic region where Arkansas, Louisiana and Texas intersect. The region is centered on the Shreveport/Bossier metropolitan area in Northwest Louisiana. The region's history is heavily linked with the oil industry. The geology associated with the deposition of sediments from the Mississippi River, in particular, makes this area an abundant source for the oil and gas industries, which leads to the high levels of oil production within the region. About First Pacific Oil and Gas First Pacific Oil and Gas is an oil and gas company actively engaged in the acquisition, exploration and development of oil and natural gas properties in North America, with current oil and gas interests in Southern Arkansas. First Pacific Oil and Gas is seeking to acquire leases and to develop projects with Joint Venture partners in key regions in the ArkLaTex region. More information about the Company is available at its corporate website at http://www.pacificgasoil.com. Alternatively, shareholders can call the Company directly at 602-507-9426 or send an email to info@pacificgasoil.com. Disclaimer & Safe Harbor Statement: This release may contain certain 'forward-looking statements' with respect to certain of First Pacific Oil and Gas Company Ltd.'s plans, goals and expectations regarding its future financial condition, performance, results, strategy and objectives. Words such as 'anticipates', 'expects', 'intends', 'plans', 'believes', 'seeks', 'estimates', 'may', 'could', 'would', 'might', 'will' and variations of these words or similar expressions are intended to identify forward-looking statements. In addition, any statements that refer to expectations, beliefs, plans, projections, objections, performance or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Forward-looking statements in this press release are not promises or guarantees of future performance and are subject to risks and uncertainties that could cause First Pacific Oil and Gas Company Ltd.'s actual results to differ materially from those anticipated. First Pacific Oil and Gas Company Ltd. cautions the reader not to place undue reliance upon any such forward-looking statements. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed herein as well as the following: (i) domestic and global economic and business conditions; (ii) market related risks and the performance of financial markets generally; (iii) the policies and actions of regulatory authorities; (iv) the impact of competitive factors; (v) risks and uncertainties associated with future acquisitions or combinations within relevant industries; and (vi) changes in capital, solvency or accounting standards as well as tax and other relevant legislation or regulations in the jurisdictions in which First Pacific Oil and Gas Company Ltd. operates. The actual results that First Pacific Oil and Gas Company Ltd. achieves may differ materially from any forward-looking statements which are based on management's beliefs and opinions at the time the statements are made. First Pacific Oil and Gas Company Ltd. does not undertake any obligation to update forward-looking statements should circumstances or management's beliefs or opinions change. Company Contact: First Pacific Oil and Gas Company Ltd. Charles Irizarry, Director 7558 W. Thunderbird Ste. 1-486, Peoria, AZ, 85381 (602) 507-9426 info@pacificgasoil.com www.pacificgasoil.com End of Corporate News --------------------------------------------------------------------- 02.04.2012 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- 163669 02.04.2012
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