LOVELAND, Colo., Aug. 18, 2003 (PRIMEZONE) -- Desert Mining (OTCBB:DSRM) today announced that it has acquired a 20% interest in GDH Roustabout, LLC, a full-service oil company located in Baggs, Wyoming.
GDH is owned by Mr. Gabriel Holt, a director of Desert Mining.
Mr. Peter Nelson, president of Desert Mining, stated, "We are excited to acquire an interest in GDH. Having access to an oil service company fits with our philosophy of vertical integration when possible. With extensive experience and equipment, GDH will be available to assist Desert Mining in oil and gas exploration, drilling, production and service."
This press release may contain forward-looking statements. The words "estimate," "possible" and "seeking" and similar expressions identify forward-looking statements, which speak only as to the date the statement was made. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks.
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