LONGVIEW, Texas, Nov. 17, 2010 /PRNewswire/ -- Eagle Oil Holding Company, Inc. (Pink Sheets: EGOH) ("Eagle Oil") announced today that it has retained Petro Lucre LLC to provide merger & acquisition advisory services. Eagle Oil plans to work with Petro Lucre to explore mid to long term development strategies as well as potential for joint venture arrangements on East Texas operations.
President Brian Wilmot said, "We began working with Petro Lucre LLC over the last couple months to explore opportunities as we prepare our 2011 production, merger & acquisition objectives. Petro Lucre LLC was highly recommended as a firm that could provide us project and finance resources to expedite this plan and they have already introduced us to working strategies and potential partners."
Petro Lucre LLC is a U.S.-based oil industry consulting and vertically integrated investor relations firm that works with private and public oil & gas companies to meet their financing, merger, acquisition and development goals. Find out more information here: http://petrolucre.com/
"We are very active in the East Texas oil fields and work with our interests and contacts in developing new ways to produce oil & gas through reworking and using new techniques to maximize recovery. The Siler lease held by Eagle Oil is what attracted us to the company and it is our objective to find a strategy that will best work for the shareholders and all parties involved," stated John Mink, General Manager of Petro Lucre LLC.
Eagle Oil Holding Company, Inc. (Eagle) is a U.S. public company in the oil and gas industry. The Company strategy is to secure existing production fields and use modern techniques to increase the amount of oil and gas flows from the fields. Find out more information here: http://eagleoilholdingco.com/
This is not an offer to buy or sell securities. Oil investment carries very high risks. Please read our full disclaimer before making any decisions. http://petrolucre.com/Disclaimer.html
Eagle Oil Holding Company, Inc.
CONTACT: John Mink of Petro Lucre LLC, +1-512-650-4638,
Info@TurnKeyOil.com
Web Site: http://eagleoilholdingco.com/
