Stocks and Investing
Stocks and Investing
Mon, August 9, 2010
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Enhanced Oil Resources Inc. Announces Private Placement
About Enhanced Oil Resources Inc. --------------------------------- Enhanced Oil Resources Inc. is an early-stage company, with two principal business segments of (i) Crude oil and natural gas production through enhanced oil recovery ("EOR") projects it is initiating in the Permian Basin on oil fields acquired by the Company in 2007 and 2008 for that purpose. (ii) Helium and CO(2) resource exploration and production through property interests it controls in approximately 251,000 gross acres of land within the St Johns Helium/CO(2) field in Arizona and New Mexico, and where the Company is developing what is thought to be the largest undeveloped helium and carbon dioxide field in North America. Forward-Looking Statement -------------------------
ON BEHALF OF THE BOARD OF DIRECTORS (signed) Barry D Lasker, CEO
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