Published: March 12, 2010
Hallmark Venture Group Expands into the Natural Gas Industry
VILLA PARK, Calif. - (BUSINESS WIRE) - Hallmark
Venture Group, Inc. (OTC: HLLK) announced today that its
subsidiary, Humble Energy, Inc., has completed the acquisition of 60
producing natural gas wells in the Oklahoma/Arkansas gas fields. This
brings the total number of wells owned by Humble Energy, Inc. to
eighty-three (83). Humble Energy, Inc. is a natural gas producing
company that receives royalties on the operation of gas wells. The
maintenance and servicing of the wells is contracted to major oil and
gas producing companies in the area.
Hallmark Venture Group, Inc.
is developing Humble
Energy, Inc. to take advantage of the tremendous demand for energy
in the United States. A number of experts, such as T. Boone Pickens, and
CNBC commentator, Chris Jarvis, have stated that natural gas is the only
practical solution to the energy shortage. A battery can't move an
18-wheeler truck. The technology isn't there yet. Natural gas is the only
present alternative. Many commercial vehicles have already converted to
natural gas such as buses, taxis, and service trucks. This trend is just
beginning. Humble Energy, Inc. plans to continue acquiring natural gas
wells as rapidly as possible to take advantage of the expected growth in
this industry in the near future. Hallmark Venture Group, Inc.'s
president, Robert L. Cashman, states: "By purchasing existing, producing
wells we eliminate most of the risk in the natural gas industry. We will
never have the problem of drilling a dry hole! This business plan makes
Humble Energy, Inc. profitable from day one."
Hallmark Venture Group, Inc.
is a mini-venture fund, investing in small to medium size companies that
have the potential to grow rapidly and benefit from being a public
company. As the companies develop, Hallmark leads them through the steps
to become public causing Hallmark Venture Group, Inc. to enjoy a
significant increase in its investment and, in turn, an increase in
value for its shareholders.
Hallmark Venture Group, Inc. stock is traded on the OTC Pink Sheets
under the symbol HLLK. For more information look at www.hallmarkventuregroup.com
or contact Robert L. Cashman, President, at (714) 538-5214 or Bobc@hallmarkventuregroup.com.
The information contained herein contains certain forward looking
statements within the meaning of Section 27A of the Securities Act, as
amended and Section 21E of the Securities Exchange Act as amended
and the Private Securities Litigation Reform Act of 1995 and is subject
to the safe harbors created thereby. While the company believes that the
assumptions underlying such forward looking information are reliable any
of the assumptions could prove inaccurate and therefore there could be a
difference between the actual and the predicted results.
Hallmark Venture Group, Inc.
Robert L. Cashman, President
714-538-5214
Bobc@hallmarkventuregroup.com
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