HENDERSON, Nev., Aug. 21, 2008 (GLOBE NEWSWIRE) -- Consolidation Services, Inc. ("CNSV") (OTCBB:CNSV), engaged in acquiring land for organic farming operations and developing potential energy reserves on some of its acquired properties, announces that CNSV has commenced removing the timber on its 250-acre Breathitt property in eastern Kentucky. Removing timber on the 250-acre tract of land will also enable CNSV to gain access to potential drilling sites for approximately 8 to 10 natural gas wells, as well as begin the preparation of such land for CNSV's planned organic farming operations.
The property is located in a region of eastern Kentucky where natural gas wells have been estimated to produce an average of 390 mcf per day. However, there are no assurances that any natural gas wells, which CNSV anticipates drilling or allowing third party drilling companies to drill under leasing arrangements with CNSV, will produce natural gas in economically feasible quantities.
"CNSV profits from the limited timber removal efforts by gaining access to all areas of the property and facilitating the establishment of potential drilling locations for natural gas wells. In addition, the timber removal enables the Company to take initial steps towards establishing a grass fed beef, dairy and wild game operation," said Dr. Johnny R. Thomas, President/CEO of CNSV.
About Consolidation Services, Inc.
CNSV is engaged in the acquisition of organic and natural food companies in the food service industry. The Company is also acquiring land for organic certification and grazing of beef, dairy and wild game on grass fed pastures, while also utilizing much of these acquired lands in connection with the Company's energy development plans in the near-term. CNSV business model is unique because it focuses on acquiring land to produce both food and energy. The Company intends to make energy resource recovery and organic/natural farming work synergistically because modern recovery methods not only avoid damage to the land but also enhance arability.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and under the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts included in this press release are forward-looking statements. Without limiting the foregoing, the words "believe," "anticipate," "plan," "expect," "seek," "potential," "estimate" and similar expressions are intended to identify forward-looking statements. These statements relate to future events or to the Company's future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown uncertainties and other factors which are, in some cases, beyond the Company's control which could, and likely will, materially affect actual results, levels of activity, performance or achievements.
Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. Such risks, uncertainties and other factors which could impact the Company and the forward-looking statements contained herein are included in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.