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CYLC County Line Energy Corporation (PK)

0.00555
0.00 (0.00%)
17 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
County Line Energy Corporation (PK) USOTC:CYLC OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00555 0.0045 0.006 0.00 12:29:04

County Line Energy Announces Corporate Update

09/07/2012 2:30pm

Marketwired


County Line Energy (PK) (USOTC:CYLC)
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County Line Energy (PINKSHEETS:CYLC)(FRANKFURT:G7Q) announces a complete updating of corporate image and tier status on the OTC Pink Sheets.

Although the company has been relatively inactive during the past couple of years, we still have been reviewing potential opportunities both in seeking out new projects and in marketing copies of our 3 dimensional seismic data which was created in Alberta in 2007.

The company has sold one copy of the entire program for $86,000 and presently has another potential customer reviewing the complete data set.

With difficult market times and general uncertainty in the oil industry it has been very difficult to sustain a market price adequate to finance the company in an industry that requires immediate funds to participate in drilling programs.

A source of funding has been determined and the company is finalizing all required reporting and filing documentation to maintain reporting company status on the OTC Pink Sheets. This will be completed within a few days.

The company has received new information through comparative well logs that the Hayter well in Alberta should definitely be perforated and completed as an initial project.

A well log from the general area was compared to the Hayter log. Both were almost identical at the Dina sands pay zone. The comparative well has produced in excess of 150,000 barrels of oil.

Other projects are being reviewed.

Harry Bygdnes, President

County Line Energy Corp.

Forward-Looking Statements: This document contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set forth in the Company's SEC filings. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.

Contacts: County Line Energy Harry Bygdnes President 1.587.329.1459 www.countylineenergy.com

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