Boomerang Oil (CSE: BOI) Lists on Canadian Securities Exchange – Video News Alert on Investmentpitch.com
Ideas get bigger when you share them...
Vancouver, British Columbia - (Newsfile Corp. - April 11, 2014) (www.investorideas.com newswire) Boomerang Oil (CSE: BOI) is one of the latest new listings on the Canadian Securities Exchange, formerly known as the Canadian National Stock Exchange, and is trading under the symbol "BOI". Boomerang is a subsidiary of Mondail Ventures (OTCQB: MNVN), which owns 66% of Boomerang.
InvestmentPitch.com has produced a "video news alert" which provides a brief overview of the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter "Boomerang" in the search box.
Boomerang is an oil and gas producer engaged in the acquisition of oil and gas properties and assets principally within the United States. The company’s property holdings consist of two adjacent 40-acre tracts located in the Permian Basin on the Crawar Field, adjacent to property operated by Chevron, in Ward County Texas. The Crawar Field is considered to be one of the more prolific oil and gas fields in West Texas.
The northern 40-acre tract contains 3 existing wells, one economic and two stripper wells, with the southern 40-acre tract contains one producing well. The company’s future work programs will focus on development of its South 40 holdings.
The shares are currently trading at $0.25, and with 71 million shares outstanding, the company is capitalized at $17.8 million. For more information, contact Dennis Alexander, President and CEO at 480-948-6581 or email firstname.lastname@example.org.
InvestmentPitch.com, a multimedia company that provides a combined solution for creating and hosting financial video content, and distributing it across multiple platforms to investors and financial professionals, specializes in producing short three minute videos based on significant news releases and research reports. Please visit InvestmentPitch.com and browse the extensive library of investment videos.
Published at the Investorideas.com Newswire - Big ideas for Global Investors
Disclaimer/ Disclosure:The Investorideas.com 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: http://www.investorideas.com/About/Disclaimer.asp
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: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.