– big ideas for global investors Search
   Member Access       Sign-up       Newsfeeds        Companies        Stock Directories       Research       Video       Funding   

Dino Energy (OTCQB: DINO) Announces the Signing of An Agreement on the Participation of Oil and Gas Projects in the Middle East

Ideas get bigger when you share them...

Calgary, Alberta - (Newsfile Corp. - April 7, 2014) ( newswire) Dino Energy Corporation (OTCQB: DINO) ("Dino" or the "Corporation"), listed on the OTCBB ("OTCBB") is pleased to announce that it has entered into an Agreement ("Agreement") dated April 7, 2014 in which Dino will assume, along with conditions, 49% ownership interest in a newly established company in Qatar, Dino Energy Petroleum Services, to pursue oil and gas exploration and development projects in Qatar. Dino Energy Petroleum Services is currently waiting for a vendor license to begin its operations. In addition to Dino, there are two other shareholders, one of which is Sheikh Fahad Al-Thani who is a member of the Royal Family of Qatar.

Join Investor Ideas Members to access the Renewable Energy stocks directory, water stocks, biotech stocks, defense stocks directories and the Insiders Corner

"We are very excited to have this opportunity to join this newly established Qatar company to pursue the exploration and development of oil and gas projects in Qatar. Qatar along with other countries in the Middle East has some of the most prolific oil fields in the world, with a relatively low operating cost. We are particularly excited about the opportunity to join Dino Energy Petroleum Services and to work with a member of the Qatar Royal Family, and are looking forward to develop a long term working relationship with him." said Eric Lawson, President and CEO of Dino.


Certain statements contained in this release are forward-looking statements and are based on future expectations, plans and prospects for Dino’s business and operations that involve a number of risks and uncertainties. Dino’s forward-looking statements in this release are made as of the date hereof, and the Corporation disclaims any duty to supplement, update or revise such statements on a going-forward basis, whether as a result of subsequent developments, changed expectations or otherwise. In connection with the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, the Corporation is identifying certain forward-looking information regarding, among other things, the assuming of 49% ownership interest in Dino Energy Petroleum Services of Qatar to pursue the exploration and development of oil and gas projects in Qatar. Actual events or results may differ materially from those contained in these forward-looking statements. Important factors that could cause further events or results to vary from those addressed in the forward-looking statement include, without limitation, risks and uncertainties arising from the ability of Dino Energy Petroleum Services to successfully pursue the exploration and development of oil and gas projects in Qatar; uncertainties relating to the ability to realize the expected benefits of assuming the 49% interest in Dino Energy Petroleum Services; unanticipated or unfavorable regulatory matters; general economic conditions in the region and industry which Dino and Dino Energy Petroleum Services operate, and other risk factors as discussed in the Corporation’s other filings made by the Corporation from time to time with the Securities and Exchange Commission.


Dino Energy Corporation
Eric Lawson, President and CEO
Telephone: (403) 287 - 0066
Facsimile: (403) 228 - 3013

More Info:

This news is published on the Newswire and its syndicated partner network

Publish Your News - Send a release
News now!

Get free news alerts: Sign up here

Published at the Newswire - Big ideas for Global Investors

Disclaimer/ Disclosure:The newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. More disclaimer info:

BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: Global investors must adhere to regulations of each country.

Free News Alerts

Read more News


Investor Ideas © 2000 - 2014®, ECON

Sign up here

login | logout | about us | contact | disclaimer / disclosure |
advertise | company profile directory | partners / links |
job search | privacy policy | trade | services | sitemap |