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Capital Oil & Gas, Inc. Adds Two Additional Retail Locations

Posted on: Wednesday, 5 November 2008, 09:00 CST

HIALEAH, Fla., Nov. 5 /PRNewswire-FirstCall/ -- Capital Oil & Gas, Inc. , today announced that the company has added two new additional retail locations.

The added locations are: the first is a Chevron Station located at 905 E 8 AVE, Hialeah FL 33016 and a Texaco Station located at 2 NE 79 ST, Miami, FL 33138.

The reported revenues for these two new locations for the month of October is Gross Revenues of $1,402,340.00 with a net profit before taxes of $188,649.03 these figures do not include any franchise operations that the company will institute.

"The company continues to gain revenues and net profits via continued acquisitions and will continue to add retail outlets that are monetarily beneficial to the company," said Ariel Rodriguez President & COO of Capital Oil & Gas.

About Capital Oil & Gas, Inc.:

Capital Oil & Gas operates retail filling stations/convenience stores/fast food operations throughout the State of Florida; the company is aggressively seeking additional acquisitions of comparable business operations and other additional synergetic related business that can enhance revenues and profits that will meet its required financial criteria.

You may visit us at: http://www.capitaloilgroup.net/

This press release contains certain forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.

Capital Oil & Gas, Inc.

CONTACT: Ariel Rodriguez of Capital Oil & Gas, Inc., +1-305-556-7701,info@capitalgroup.net

Web site: http://www.capitaloilgroup.net/

Source: PRNewswire-FirstCall

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