SEATTLE, Sept. 8 /PRNewswire-FirstCall/ -- Worldwide Energy Corp. (Pink Sheets: WWEG), an energy company engaged in the acquisition, exploration, and development of properties for production of crude oil and natural gas, is proud to announce it has entered the public markets and commenced trading under the ticker symbol WWEG.
The company has recently focused on Caddo Pine, Louisiana, a region which according to a March 2005 Department of Energy report contains over 2 billion barrels of Remaining Oil in-Place, and is the richest field in the Onshore Gulf Coast Basin.
Revell Murphy, CEO of Worldwide Energy, stated, "We are excited to provide our shareholders with an effective way of taking part in the energy industry via the public markets and hope to build shareholder value by way of leveraging undervalued energy assets around the world."
About Worldwide Energy
Worldwide Energy is an energy company engaged in the acquisition, exploration, and development of properties for production of crude oil and natural gas in regions around the world. The Company targets properties with aim to build value for shareholders and produce solid revenues and profitability. The company has recently focused on Caddo Pine, Louisiana, a region which according to a March 2005 Department of Energy report contains over 2 billion barrels of Remaining Oil in-Place, and is the richest field in the Onshore Gulf Coast Basin.
This press release may contain forward-looking statements covered within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact and involve risks and uncertainties. Our expectations regarding future revenues depend upon our ability to develop and supply products and services that we may not produce today and that meet defined specifications. When used in this press release, the words "plan," "expect," "believe," and similar expressions generally identify forward-looking statements. These statements reflect our current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and changes in pervasive markets.
Contact:
Jim Gorney (734) 306-7575
