DALLAS, Aug. 27, 2009 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring independent oil and gas company Atlas Oil and Gas Inc. (OTCBB:AOLG). The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.
The investment report on Atlas Oil and Gas Inc. (OTCBB:AOLG) should be of particular interest to other energy companies: FX Energy Inc. (Nasdaq:FXEN), Linn Energy LLC (Nasdaq:LINE), Pinnacle Energy Corp. (OTCBB:PENC) and Delta Mutual Inc. (OTCBB:DLTZ).
It is available at: http://www.stockpreacher.com/n/AOLG
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Atlas Oil and Gas Inc. (AOLG) is an emerging independent energy company engaged in the development, exploration, development and production of oil and natural gas. The Company focuses on the development of shallow natural gas and oil wells. It owns working interests in various oil and gas wells in Pawnee County, Oklahoma. The Company also plans to aggressively pursue additional promising reclamation projects on the East Coast, West Coast and in Texas, all representing the potential of hundreds of millions of barrels of oil equivalent.
In the report, the analyst notes:
"AOLG focuses on pursuing cost-effective reclamation opportunities. By contrast, most companies invest millions of dollars in primary recovery efforts. The Company believes that by strategically applying various methods of repressurization in select areas, it can recapture significant existing oil and natural gas reserves. [Company president and director] Cunningham stated that the Company is following a number of major oil and gas players in re-activating existing oil and gas properties that previously had been discontinued due to reservoir pressure depletion and declining production.
"AOLG reported that it already identified promising reclamation projects on the East Coast, West Coast and in Texas, saying that plans to become actively involved in them are going forward. The Company recently signed a Letter of Intent (LOI) to acquire an approximate 2,300-acre oil and gas property in eastern Tennessee with existing oil and gas production."
To read the entire report visit: http://www.stockpreacher.com/n/AOLG
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