LAS VEGAS, NV / ACCESSWIRE / April 14, 2014 / Broadleaf Capital Partners Inc. (OTC:BDLF) announced today that it has acquired oil field oil and gas exploration and production assets to enter the oil and gas service business in Texas. The company has formed a new wholly owned subsidiary named Texas Gulf Exploration and Production, Inc., and will be initially focused in the Austin Chalk and Eagle Ford exploration areas.
Broadleaf Interim President Mike King commented "We have been searching for an opportunity to establish a position in the energy markets, and this transaction gives us an excellent start in developing this new market for us. Broadleaf will focus on the use of state of the art technology to improve performance of energy production and to lower labor costs, and intends to build Texas Gulf Exploration and Production as a respected and effective new brand in the energy markets it serves."
About Broadleaf Capital Partners:Broadleaf Capital Partners, Inc targets unique, promising technologies we believe can improve business growth and profitability. We apply those technologies by incubating promising companies with innovative business plans that can utilize these technologies to drive business growth and bottom line performance. We also assist our companies in obtaining necessary working capital financing to finance their growth, and in select cases, we will make direct loans and/or equity investments in our own subsidiary companies as well as consider minority investments in non-wholly owned subsidiaries. We intend to monetize our investments in these companies either by outright sale, or spin off of the companie's shares into the public markets.
Precautionary and Forward-Looking Statements This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," 'expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in BDLF's disclosures or filings with the SEC.
You are further cautioned that penny stocks, like BDLF, are inherently volatile and risky and that no investor should buy this stock unless they can afford the loss of their entire investment.
Princeton Research, Inc.Mike King702-650-3000[email protected]
Source: Broadleaf Capital Partners Inc.