Energy Revenue America Buying New Mineral Rights and Royalty Agreements in Nowata and Washington Counties
DALLAS, TX--(Marketwired - Oct 20, 2015) - Energy Revenue America, Inc. (OTC PINK: ERAO), a firm focused on the acquisition, development and exploration of Coal Bed Methane (CBM) natural gas, is pleased to provide an update on the Company's recent activities.
After spending the past twelve months repairing and updating their 65 mile natural gas pipeline, Energy Revenue America, Inc. (ERA) has accelerated its focus on acquiring New Mineral and Royalty Rights Agreements in Nowata and Washington Counties.
The new Mineral and Royalty rights agreements will provide ERA with a new revenue stream and provide the option to add additional acreage as their drilling program ramps up in 2016.
"These new Mineral Rights and Royalty Agreements will position us for additional revenue and will provide an option to acquire additional leases as we continue the aggressive drilling program that we started late this summer," says Charley Havens, ERA Chairman and COO.
About Energy Revenue America, Inc.
Energy Revenue America, Inc. is focused on the acquisition, development and exploration of unconventional natural gas projects, primarily Coal Bed Methane (CBM) and seeks to acquire and develop properties with significant undeveloped potential and apply technical and operating expertise to maximize the value of these resources.
This release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally can be identified by phrases such as INCL or its management "believes," "expects," "anticipates," "foresees," "forecasts," "estimates" or other words or phrases of similar import. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.
Source: Marketwired (Canada)
(October 20, 2015 - 9:01 AM EDT)
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