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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 firm, specialized in a unique, integrated approach to capital formation for small cap and emerging growth companies.  The firm has extensive experience in assisting client companies with each phase of capitalization and the complex processes that accompany it. They leverage their years of investment banking experience on Wall Street, and their long-term relationships with leading portfolio management firms, key investment managers, and national brokerages to help clients make the right connections and deliver a consistently powerful message that gets results. For further information about InfusionCapital, visit www.infusioncapital.com.

For more information, contact:

Andrew Zelman 

Infusion Capital                                            

407-566-1090                     

www.infusioncapital.com  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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