Multi-division holding company RJD Green, Inc. (OTC: RJDG) today announced that its Earthlinc Environmental division has entered into formal discussions regarding the acquisition of two operating oil and gas properties strategically located in the Mid-America region. Per the update, the combined properties reflect over 4,700 contiguous acres with existing production and net operating profit of over $33,000 per month. The company projects that, with secondary enhancement of existing wells and an orderly drilling and completion program, revenue from the properties could grow ten-fold. “We hope to have reached terms of acquisition within thirty days,” RJD Green management noted in a joint statement. “If an LOI agreement is reached, the targeted closing date would be within ninety days of reaching a letter of intent.”
To view the full press release, visit http://ibn.fm/V88qM
Let us hear your thoughts: RJD Green Inc. Message Board
About RJD Green, Inc.
The company operates as a holding company with a focus of acquiring and managing assets and companies. RJD Green operates in three divisions: RJD Green Healthcare Services Division, which owns IOSOFT Inc, a company that provides discrete payment technologies, services and software that can be integrated into targeted offerings for healthcare provider networks, hospitals, healthcare payers and individual providers: Earthlinc Environmental Services Division, which provides green environmental services and technologies; Silex Holdings Division, which is engaged in specialty construction and industrial manufacturing and fills a market niche between the Home Depots and local contractors. Silex offers installed granite/other counter tops, cabinets and related products to the residential builder, commercial contractor, remodel contractor and retail customer. For more information, visit the company’s website at www.RJDGreen.com
About QualityStocksNewsBreaks
QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.
QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php
No comments:
Post a Comment