VANCOUVER, British Columbia, Feb. 21, 2006 (PRIMEZONE) -- Micron Enviro Systems, Inc. (OTCBB:MSEV) is extremely pleased to report that it has started the process of listing on the Frankfurt Stock Exchange ("FWB"). The shares are expected to be trading on the FWB shortly.
Bernie McDougall, President of Micron stated, "There are a large number of junior resources companies that have received substantial exposure by listing on the Frankfurt Exchange and we feel MSEV would garner similar coverage once we become listed. Now that we have operations about to commence for the first time in many months, we feel that gaining exposure on the Frankfurt Exchange will have a major impact on the company's ability to raise capital, as well as to gain new institutional and private shareholders. The European market has a large appetite for North American junior resources companies and we feel that this is a desirable time to participate in this market, especially if we can secure an Albert Oil Sands project."
In other news, a decision regarding an oil sands project in Alberta, Canada, is expected soon. Also, drilling on the Boyne Lake Prospect is expected to commence shortly, barring any unforeseen issues.
MSEV is an emerging oil and gas company that has both oil and gas producing properties. MSEV's goal is to become a junior oil and gas producer that focuses on the exploration, discovery and delivery of gas and oil to the North American marketplace. MSEV currently has multiple independent sources of oil and/or gas revenue from production in Canada and Texas. MSEV is presently involved in multiple oil and gas prospects, and continues to look for additional projects that would contribute to building MSEV's market capitalization including the oil sands of Canada.
If you have any questions, please call MSEV at (604) 646-6903. If you would like to be added to MSEV's update email list, please send an email to info@micronenviro.com requesting to be added.
This news release contains forward-looking statements. Forward-looking statements are statements which relate to future events. In some cases, you can identify forward-looking statements by terminology such as "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results. Readers are referred to the sections entitled "Risk Factors" in the Company's periodic filings with the United States Securities and Exchange Commission, which can be viewed at www.SEC.gov. For all details regarding working interests in all of MSEV's oil and gas prospects or any previous news releases go to the SEC website. You should independently investigate and fully understand all risks before making investment decisions.