Encore Energy, Inc. Featured in Energy and Mining International Article, “Proven Assets”
Encore Energy, Inc. announced today that the Company and its horizontal
Berea oil well program(s) in Eastern Kentucky have been “exclusively
featured” in an Energy and Mining International magazine article,
“Proven Assets.”
“We are building a serious production and exploration company,
long-term; we’re moving aggressively in the Berea,” said Steve Stengell,
Encore’s President and CEO.
This exclusive feature can be viewed at the following link: http://www.emi-magazine.com/featured-content/exclusive-features/1484-encore-energy-inc-3.
About the Company:
Encore Energy, Inc., through it’s wholly-owned subsidiary, Encore
Operating Kentucky LLC, is one of, if not the most active operator, in
South Central Kentucky, and is currently developing multiple horizontal
oil well projects in Eastern Kentucky. The Company maintains a perfect
compliance record across all state and federal regulatory bodies. Encore
is a proud member of the Kentucky Oil and Gas Association, the IPAA, the
Society of Petroleum Engineers, the NFIB and the Bowling Green Chamber
of Commerce.
For more Information regarding Encore and its projects, please contact
Joseph Hooper at (270) 842-1242, ext. 224.
Assumptions, Disclaimer and Cautionary Statement: The information herein
may contain forward-looking statements, and actual results may vary.
Words such as “estimate,” “will,” “intend,” “continue,” “target,”
“expect,” “achieve,” “strategy,” “future,” “may,” “goal,” or other
comparable words or phrases or the negative of those words, and other
words of similar meaning indicate forward-looking statements and
important factors which could affect actual results. Forward-looking
statements are made based upon Management’s current expectations and
beliefs concerning future developments and their potential effects upon
Encore Energy, Inc. Oil and gas investments involve a high degree of
risk, uncertainty and are only suitable for qualified Accredited (SEC
Definition) investors who are sophisticated in making business decisions
and can bear the financial loss of their entire investment, while
delivering a turnkey profit to the Company for proving the prospect
development, lease acquisition, drilling, completion, engineering and
ongoing production operations. The Company does not provide tax advice
and investors should seek the advice of their tax professional. Any tax
and/or other information herein is provided for illustration purposes
only and may include estimates that are uncertain and subject to change.
It is impossible to accurately forecast profitability, production,
reserves, income, expenses and timelines for any project. No assurances
can be made as it relates to reserves, production, income, profit,
prices, timelines and/or other estimates. Actual production and results
are beyond the control of management. In the event that commercial
production is achieved, it may take many years for the investor to
recoup his or her investment. The Company’s lease acreage position under
is subject to change and includes acreage under lease, Farmout
agreement, verbal agreement, renewals, expired terms and any other
prospective acreage in which the Company has communicated and/or
negotiated with the landowner the leasing of oil and gas rights, now or
in the future, and the lease / mineral owner has leased or communicated
their intent to lease there mineral lease rights to the Company. It is
important for qualified investors to acknowledge the fact that the US
government provides them with tax savings (100% IDC tax deduction) to
mitigate or at least off-set some of the financial risk associated with
domestic oil and gas investments. This is not an offer to sell or buy a
security. An offer shall only be made pursuant to SEC Regulation D, Rule
506(c) by a private placement offering memorandum, and this is not a
private placement offering memorandum.
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