Published:
Pilgrim Petroleum to Participate in North American Prospect Exhibit (NAPE) Expo
Pilgrim Petroleum Corporation (PINKSHEETS: PGPM)
(FRANKFURT: PHV) American Petroleum and its Canadian alliances CB Resources
(CNQ: CBRL) and Mineral Hills Industries (TSX-V: MHI) will participate in
the Summer NAPE EXPO on Wed 27-Aug-08 8:30 AM at Brown Convention Center in
Houston, Texas, Booth 2305. The parties involved in the alliance have come
together in a mutual interest to cooperate and openly share strategic
positions on the oilfield services market, exploration, acquisition and
secondary recovery.
Pilgrim Petroleum Corporation's CEO, Rafael Pinedo, said: "The NAPE Expo
will contribute to develop exploration and production opportunities in
Canada, South America and Asia, in addition of important new partnership
opportunities."
About Pilgrim Petroleum Corporation
Headquartered in Irving, Texas, Pilgrim Petroleum Corporation is a publicly
traded company (PINKSHEETS: PGPM) (FRANKFURT: PHV). The company is
acquiring oil and gas leases, producing properties, mineral rights and
surface interests primary on marginal fields. Once acquired, the company
intends to develop each property to maximize the income from each by
refurbishing and improving the existing production.
Forward-Looking Statements: The statements which are not historical facts
contained in this release are forward-looking statements that involve risks
and uncertainties, including but not limited to, the effect of economic
conditions, the impact of competition, the results of financing efforts,
changes in consumers' preferences and trends. The words "estimate,"
"possible," and "seeking" and similar expressions identify forward-looking
statements, which speak only to the date the statement was made. The
Company undertakes no obligation to publicly update or revise any
forward-looking statements, because of new information, future events, or
otherwise. Future events and actual results may differ materially from
those set forth herein, contemplated by, or underlying the forward-looking
statements.
2008 Pilgrim Petroleum Corporation. The information herein is subject to
change without notice. Pilgrim Petroleum Corporation shall not be liable
for technical or editorial errors or omissions contained herein.
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