Published: November 23, 2004
Market Pulse Breaking News Alert for Tuesday, November 23, 2004: XCHC - The X-Change Corporation and Subsidiary Kolt Oil & Gas Form Oil Field Service Company!
Market Pulse News Alert for this AM, Stocks to
Watch are: The X-Change Corporation , Apple Computer Inc.
, Sirius Satellite Radio Inc. , and Dynamic
Materials Corp .
Investors need to be watching The X-Change Corporation this
AM! The X-Change Corp. is a company that was organized to seek merger or
acquisition candidates. The company intends to acquire interests in oil and
gas opportunities that the company believes will generate significant
revenues and return a profit to shareholders. Through acquisition and
internal growth, the company is targeting revenue of $10 million by end of
2nd year and $100 million by end of year 5! XCHC had great news out before
today's opening bell! Investors should be watching this one closely!
The X-Change Corporation announced today that its wholly
owned oil and gas operating subsidiary, Kolt Oil & Gas, Inc., has formed
its own well-servicing company to handle required daily maintenance,
workovers , replacement of rods, tubing, down hole pumps and other
subsurface work, water hauling and chemical treatment, roadwork and repair
related surface equipment.
Equipment purchased includes 2 Pulling Units, 1 Winch Truck, 1 Vacuum and
Pump Truck, 2 Front End Loaders and Backhoes, 2 Trailers and 2 Heavy Duty
Pick up Trucks to handle and assist with work requirements in the field.
Roustabout crews and a Foreman are being hired at this time. Equipment is
valued at more than $500,000.
The formation of the service company brings Kolt Oil & Gas, Inc. full
circle with its ongoing operations and exploration projects. The newly
formed service will eliminate downtime-causing costly delays due to
increased demand and back up for oilfield services and inclimate weather.
This will allow rapid development and an increase in steady cash flow
immediately.
About the X-Change Corporation
The X-Change Corporation is a company that was organized to seek merger or
acquisition candidates. The company intends to acquire interests in oil
and gas opportunities that the company believes will generate significant
revenues and return a profit to shareholders. Please visit
www.x-changecorp.com for further information.
Stocks acting well as of late include: Apple Computer Inc. , Sirius Satellite Radio Inc. , and Dynamic Materials
Corp .
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