Global Explores Possible Gas Property Acquisition in Kentucky
CALGARY, Alberta, Sept. 14 /PRNewswire/ — Global Agri-Med Technologies, Inc. (Pink Sheets: GAGO) announced today that it had begun discussions toward the possible acquisition of a significant gas property in Kentucky in order to expand the resource base of its Quad Energy subsidiary.
Fred DaSilva, President of Global and Quad, stated, “These Knox formation gas properties in Kentucky can be reliable producers and we definitely have an interest in moving forward with our due diligence.” Mr. DaSilva also noted that, “Quad is aggressively pursuing several acquisitions, both of producing properties and exploration opportunities where we believe the probabilities favor development of commercially viable properties. To that end we are also in discussions with other individuals who we expect to join the team in the coming months.”
For more information on Quad Energy, please see the company’s web site www.quadenergy.ca or call Fred DaSilva at 1-800-817-4140.
About Quad Energy
Quad Energy is a junior oil and gas company operating out of Calgary, Canada with a portfolio of oil and gas assets that include interests in Alberta and Saskatchewan. Quad seeks to acquire and improve properties that can be brought on stream to produce meaningful cash flow and then trade or sell these assets to middle tier oil and gas concerns in Canada or North America. Quad feels this strategy offers investor’s good upside potential with less of the risks associated with the traditional wild cating strategy employed by many of the junior oil and gas players.
Safe Harbor Notice
Certain statements contained herein are “forward-looking statements” (as defined in the Private Securities Litigation Reform Act of 1995). Global Agri-Med Technologies, Inc. cautions that statements made in this press release relating to the change of control and new business direction constitute forward-looking statements and makes no guarantee of future performance. Actual results or developments may differ materially from projections. Forward-looking statements are based on estimates and opinions of management at the time statements are made.
SOURCE Global Agri-Med Technologies, Inc.