NDB Energy, Inc. Completes Name Change to Armada Oil, Inc.
Name Change and New Trading Symbol "AOIL" Follow Acquisition of Armada Oil and Increased Key Acreage Position in the Niobrara Shale Formation
(firmenpresse) - HOUSTON, TX -- (Marketwire) -- 05/14/12 -- NDB Energy, Inc. (OTCBB: NDBE) announced that the Financial Industry Regulatory Authority (FINRA) has approved its corporate name change to Armada Oil, Inc., effective today. The company will begin trading under its new name and stock symbol "AOIL" on May 15, 2012.
Armada Oil, Inc. is an emerging independent oil and gas company, exploring, developing, producing, and marketing crude oil and natural gas from various known prolific and productive geological formations. It holds interests in and around the Laramie and Hanna Basins in Southern Wyoming that includes more than 25,000 acres in the Niobrara formation and a footprint in the Eagle Ford shale play in Texas.
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 .
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.
Jerry Schranz
Beckerman
201-465-8020
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 14.05.2012 - 11:30 Uhr
Sprache: Deutsch
News-ID 1114098
Anzahl Zeichen: 0
contact information:
Contact person:
Town:
HOUSTON, TX
Phone:
Kategorie:
Pipelines
Anmerkungen:
Diese Pressemitteilung wurde bisher 172 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"NDB Energy, Inc. Completes Name Change to Armada Oil, Inc.
"
steht unter der journalistisch-redaktionellen Verantwortung von
NDB Energy (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
