CGrowth Capital Executes Consulting Agreement with Stallion Energy Group to Support Petroleum Projects
BREMERTON, WA, Nov. 11, 2021 (GLOBE NEWSWIRE) -- CGrowth Capital, Inc. (OTC Pink: CGRA) (the “Company”) an alternative asset management company, is pleased to announce that it has executed a master consulting agreement with Stallion Energy Group LLC of Houston, Texas to support the exploration, development, and production of its oil and gas operations in the US and Bahamas. The Stallion team, comprised of professionals and entities with over 100+ years of combined experience, was chosen not only for their expertise in redevelopment work of shallow infill drilling, but also the diverse nature of the group’s experience in the industry, and team members participation in world record-breaking drilling operations.
“Again, we are blessed – this time with relationships in the oil and gas space,” stated Bill Wright, CEO of CGrowth Capital Inc. “Paul Williams and his exceptional team at the Stallion Energy Group will prove to be a welcome addition to both our projects and those under contract. Their deep knowledge of the oil and gas sector, extensive international experience, and a track record of advising businesses on both strategic and operational priorities is a huge bonus for us, and we are excited to welcome them.”
The Company recently announced the processing of a Tier 1 Regulation A (“Reg A”) to raise up to $20,000,000. The Reg A of Title IV of the JOBS Act is a type of offering which allows companies to raise funding from the public. Like an IPO, Reg A allows companies to offer shares to the general public and not just accredited investors. The funds are to be used to advance production at the West Salt Creek field in Wyoming as well as exploration of the unique Bahamian Petroleum Project that the Company recently placed under contract. It is anticipated that Stallion Energy Group will take a pivotal role in both of the projects moving forward.
For further information on the Bahamian Petroleum Project, please review the Company’s press release at https://www.globenewswire.com/news-release/2021/11/03/2326636/0/en/CGrowth-Capital-Moves-All-In-with-One-of-a-Kind-Bahamian-Petroleum-Project.html
About CGrowth Capital, Inc.:
CGrowth Capital, Inc. The Company continues to serve as an alternative asset management company for businesses and assets focused on all aspects of mining, minerals, exploration, and commercial real estate. The processing of metal ore mining, mineral and specialty rock extraction, as well as oil and gas production, are multi-billion dollar market opportunities which is capitalized on through processing, sales, contracting and licensing of assets. CGrowth Capital’s services and solutions are designed to assist land owners with monetizing undervalued assets by bringing commodities such as gold, silver, oil and gas, and dolomite to market. CGrowth Capital will focus on acquiring land assets, while also providing partners and affiliates with management services, capital, contract management and logistical services necessary for the successful execution of operations.
For more information and updates about CGrowth Capital, follow the Company on Twitter @CGRAOTC, or visit their website or Facebook page:
About Stallion Energy Group, LLC:
Stallion Energy Group, LLC is an independent exploration and production company based in Houston, Texas primarily engaged in the activities of acquiring, developing, exploiting, and producing oil and gas properties. Their goal is to develop low risk shallow, conventional oil opportunities in Texas. Our philosophy is to have a conservative viewpoint on all projects, and to minimize risk through the latest technology and the most experienced and qualified team. By doing so, they hope to maximize the investors return on capital in each project.
CGrowth Capital, Inc.
Statements about the Company’s future expectations and all other statements in this press release other than historical facts, are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management. When used in this document, the words “anticipate,” “estimate,” “expect,” “intend,” “plans,” “projects,” and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties. The Company disclaims any obligation to update or revise any forward-looking statements.
Source: CGrowth Capital, Inc.