A Domestic
Oil & Gas Production
Growth Company
US Domestic Oil Gas Production Company CSLG
New Engineering VP With Extensive Drilling And Well Completion Experience Joins Consolidated
December 5, 2006
HOUSTON, TEXAS -- (BUSINESS WIRE) -- Consolidated Oil and Gas, Inc. (CSLG) is pleased to announce they have retained Mr. A.L. Dawsey as Vice President of Engineering. Mr. Dawsey has extensive experience supervising the drilling and completion of wells. His experience includes managing publicly traded companies. Mr. Dawsey will be in charge of completing all wells which are acquired. He will also be responsible for analyzing old re-entry wells and recommending proper procedures.
Mr. Dawsey has over 20 years of experience supervising the drilling and completion of wells. He also managed Petro Tech, Inc as President and CEO for over 10 years. During this time, Mr. Dawsey developed and sold seismic prospects to such industry partners as Texaco, Ladd Petroleum, Apache, Oryx and Marshall Exploration.
Mr. Yeatman, President of Consolidated Oil and Gas, stated "We are honored to have Mr. Dawsey join our company. His experience and knowledge will enhance our expertise in completing new wells, analyzing re-entries and generating production quickly and efficiently. We are now reviewing several new well projects. We anticipate strong residual revenues in 2007."
About Consolidated Oil and Gas:
Consolidated Oil and Gas, Inc. is a US based company engaged in the exploration and production of onshore domestic oil and natural gas properties. The company's exploration and production activities are focused primarily in Texas. Their mission is to apply strong technical expertise to unlock substantial oil and gas resources in areas where production can be achieved quickly and efficiently.
Safe Harbor Statement: This press release may contain forward looking statements, as defined in the Securities Reform Act of 1995. Actual events or results may differ from Consolidated Oil & Gas, Inc. expectations on a negative or positive basis and are subject to a number of known and unknown risks and uncertainties: including economic conditions, and availability of timely financing for projects.
CONSOLIDATED OIL & GAS, INC.
