Signup and Login
Users get access to Energy Resources personalized investment information.
Don't have an account? Create one now here
Energy Resources Corp and Black Jade Petroleum Sign Joint Venture Agreement
November 12, 2010
Energy Resources Corp and Black Jade Petroleum LLC signed a contract to form a joint venture to acquire, develop, operate oil and gas properties situated in the State of Kentucky.
PRLog (Press Release) – Nov 12, 2010 – The Joint venture will see the creation of two offering companies in order to publicly market the project and operate the accounts. The joint venture represents an excellent opportunity for both companies to position themselves with strong reservoir assets in the oil and gas industry. The main focus of the joint venture will to develop the underdeveloped oil and gas sites located in Kentucky.
The CEO of Energy Resources Corp, Mr Mehran Ehsan, said, " This joint venture is set to combine our complementary businesses, enhance our growth prospects in oil and gas production. We are very proud to be joining forces with Black Jade Petroleum. This is a great strategic opportunity for our Investors and us. Both parties including the investors share the same vision, for the long-term oil and gas production in U.S and will combine their strength to meet the consistent demand for fossil fuels.
Energy Resources Corp with set partnerships will continue to enhance its assets in the oil and gas industry, thus providing a consistent investment opportunity for the public