PHOENIX, Nov. 17, 2005 (PRIMEZONE) -- The Investor Relations Department of Golden Apple Oil and Gas, Inc. (Pink Sheets:GAPJ) is pleased to announce the completion of Phase 2 of the company's web presence.
"Our goal is to establish a presence on the World Wide Web, which will accelerate the ability for shareholders and potential investors to access real-time information about us," stated Jay Budd, President and CEO of Golden Apple. "With the completion of each phase of our web development, we get closer to our desired posture, which is total disclosure as it happens," Budd went on to say.
The Company has plans to release information over the coming months on the findings of Geological and Geophysical surveys, in addition to the hiring of senior management and industry consultants.
Headquartered in Phoenix, Arizona, Golden Apple is an independent oil and gas producer with a focus on Northern Canadian properties. The Company applies advanced technologies to systematically explore and develop its oil and natural gas opportunities. Golden Apple focuses its activities where technology can be used effectively to maximize returns on invested capital by reducing drilling risk and enhancing its ability to cost-effectively grow reserves and production volumes.
The Company's common shares are listed on the Pink Sheets under the symbol GAPJ. The Company has 25 million shares currently outstanding.
This media release may contain forward-looking statements regarding, but not limited to, management, market potential, distributor success, market size, international sales, marketing, future events and performance of the Company which involve risks and uncertainties that could materially affect actual results. Investors should refer to documents that the Company intends to file with the SEC for a description of certain factors that could cause actual results to vary from current expectations and the forward-looking statements contained in this media release.