Omni Oil & Gas Announces Sale of
Property
Transaction provides Omni with additional working
capital for new ventures
Dallas, TX (PRWEB) July 1,
2008 -- Omni Oil & Gas, Inc. (OMOI.PK,
www.omnioil.com),
a company specialized in oil and gas exploration and
production, announced today that it has sold
approximately 344 acres of land located in DeSoto
Parish, Louisiana to a large independent oil and gas
company. The transaction closed on June 13th
with Omni receiving more than $1.25 million.
“This sale provides the
Company with significant working capital and the
opportunity to aggressively pursue several of our key
operational ventures” stated Renn Rothrock, Omni
President and CEO. “We expect to be making further
announcements regarding these ventures in the weeks
ahead.”
About Omni Oil & Gas,
Inc.:
Omni Oil & Gas, Inc. (www.omnioil.com)
is an early stage, oil and gas development company with
offices in Texas and Colorado. The Company specializes
in the purchase, rework and enhancement of properties in
proven oil and gas fields that offer lower risk and
higher potential returns, in a shorter time period, than
through traditional means of exploration.
About InfusionCapital
InfusionCapital is an investment banking consultancy
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For more
information, contact:
Andrew Zelman
Infusion Capital
407-566-1090
www.infusioncapital.com