VANCOUVER, Jan. 18, 2005 (PRIMEZONE) -- Emerson Oil and Gas, Inc. ("the Company") (Pink Sheets:EOGI), a Nevada Corporation, announces its intentions to complete and submit its Form 211 pursuant to 15c2-11 to NASD Regulation Inc.'s OTC Compliance Unit on behalf of the Company for consideration whereby the Company's common stock may become quoted on the OTC Bulletin Board.
Dave Harker President and CEO states: "It has been our intention since our inception to be a fully reporting issuer on a senior exchange. Initiating plans with our securities attorney and prospective sponsoring firms is the first of several steps in a process which will make us more attractive to the institutional and sophisticated investors' active in the energy sector."
Emerson Oil & Gas holds a 50% working interest in the W.T. Davis well and lands within Township 23 North and Range 13 West of Bossier Parish, Louisiana. The net revenue interest of the lease is 75%. The W.T. Davis Well is located in the Arkana Field and initially produced from the Haynesville Formation of the Cotton Valley Series. With the worldwide focus on energy needs being front and center in the public eye, Emerson feels that with its first class management and discretionary project choices, the company will continue to serve its shareholders well.
Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Emerson Oil and Gas Inc. has little or no control.
For more information, please visit our website www.emersonoilandgas.com or contact:
Investor Relations 604-323-3953 David Harker, President, Emerson Oil and Gas Inc.