HOUSTON, June 27, 2012 (GLOBE NEWSWIRE) -- Armada Oil, Inc. (AOIL.QB), an emerging independent oil and gas company with significant acreage in the developing Niobrara oil play in Wyoming, announced the launch of its new corporate website at www.armadaoilinc.com in its Annual Report on Form 10-K filed today with the U.S. Securities and Exchange Commission (SEC). Electronic copies of Armada's Form 10-K and other filings are now available on the company website in addition to the website of the SEC: http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001081074&owner=include&count=40.
"The Niobrara shale had emerged as one of the most promising oil-producing shales in the U.S.," said Mr. James J. Cerna, President and CEO of Armada Oil, Inc. "As we explore and evaluate the full potential of the transaction that added 25,000+ acres to our portfolio in this emerging, liquids-rich resource play, we recognize the importance of continually communicating our progress and success. Our objective in designing our website was to demonstrate Armada's central role in the development of the Niobrara and serve as a resource for the public, investors and potential partners domestically and globally, seeking additional information on this emerging oil play."
About Armada Oil, Inc. (www.armadaoilinc.com)
Houston, Texas-based Armada Oil, Inc. (AOIL.QB) is an independent oil and gas company focused on discovering, acquiring and developing multiple objective onshore oil and natural gas resources in prolific and productive geological formations in North America. Armada holds strategic acreage positions in and around the Laramie and Hanna Basins in Southern Wyoming that includes a contiguous 25,000+ acre site near existing infrastructure in the liquids-rich Niobrara formation and a footprint in the Eagle Ford shale play in Texas. For more information, please visit www.armadaoilinc.com.
The Armada Oil, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=13093
Legal Notice Regarding Forward-Looking Statements
Statements in this release that are not historical facts are "forward-looking statements" subject to risks/uncertainties. Such statements are based on current facts/analyses and other information that are based on forecasts of results, estimates of amounts not yet determined, and assumptions of management. Such statements are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", and similar expressions or that events or conditions "will", "would", "may", "can", "could" or "should" occur. Information concerning reserve estimates may also be deemed to be forward looking statements, as it constitutes a prediction of what might be present when/if a project is actually developed.
It is important to note that actual outcomes and results could differ materially from those in such statements due to numerous factors beyond the Company's control including misinterpretation of data, inaccurate estimates of reserves, uncertainty of the requirements demanded by governmental agencies, Company's ability to raise financing, breach by third-parties, inability to retain employees/consultants, competition for equipment, inability to obtain permits, delays in operations, the likelihood that no commercial quantities of resources are found/recoverable, and our ability to participate in the exploration and completion of development programs. Additional information on the Company's risks can be found in the Company's periodic filings filed with the SEC at www.sec.gov.
This release does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States. The securities mentioned herein have not been, and will not be, registered under the Securities Act of 1933, as amended. They may not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the Securities Act. Company undertakes no obligation to publicly release the results of any revisions to these statements that may be made to reflect the events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.