HOUSTON, TX, December 03, 2012 /24-7PressRelease/
-- INTERNATIONAL EQUITY PARTNERS OIL & GAS, INC. announces private placement offering an aggregate of 10,000,000 of our ordinary shares, whether in the form of Canadian Depositary Shares through a private placement offering memorandum. The offering price per CDS is 1.00 Euro.
Our CDSs, each representing one ordinary share, are not listed on an exchange. The issuer intends to acquire a fully reporting exchange listed company through merger as its registration of rights agreement. Our shares are CDS (Canadian Depository System) and German Common Depository SHS INTERNATIONAL EQUITY PARTNERS OIL & GAS, INC ORD REGISIN: CA69342K1075 Common Code: 070526590 assigned ticker symbol (P9E). This announcement appears as a matter of record only and is not a solicitation or offer to sell the securities represented herein. The securities are offered only to accredited investors via written offering circular. These securities are void where prohibited in any jurisdiction internationally. The distribution of this release is not intended for the United States.
INTERNATIONAL EQUITY PARTNERS OIL & GAS, INC. is a Canadian energy holding company. The company's purpose is to acquire oil and gas assets, oil and gas exploration, refinery and pipeline sectors of the energy industry and other synergistic assets. We also are targeting oil field services companies for acquisition. We acquire assets under traditional debt, revolving credit facility, limited partnership, and direct equity ownership of assets, special purpose entity to hold assets, with the company maintaining controlling interest or joint venture interest.
Acquisition Growth Plan
The company has identified several key acquisition targets in the oil and gas field in Louisiana, Kern County California, Washington County Ohio, Galveston and other surrounding Gulf Coast Texas areas. We are looking to acquire more than 1,000 acres leases and production of 1,000 Bbl of oil and 1,000,000 Mcf of gas annually. We expect that our acquisitions will generate significant revenues and profits adding value for our shareholders.
CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements that involve a number of risks and uncertainties. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "believes," "expects," "may," "will," "intends, "plans," "should," "seeks," "pro forma," "anticipates," "estimates," "continues," or other variations thereof (including their use in the negative), or by discussions of strategies, plans or intentions. A number of factors could cause results to differ materially from those anticipated by such forward-looking statements, including those discussed under "Risk Factors" and "Our Business." Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons.
INTERNATIONAL EQUITY PARTNERS OIL & GAS, Inc.
7780 Woodbine Avenue, Markham, Ontario, Canada L3R 2N7
(832) 405-5681 x 106---
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