Far Vista Petroleum Corp Announces a Major Development That May Increase Shareholders Value By Tenfold

Levittown, NY, September 26, 2013 - (Accesswire) - Far Vista Petroleum Corp. (OTCPink: FVSTA) is pleased to announce an impressive opportunity for the Company and its shareholders. 

The Company had announced on July 15, 2013 that it is interacting with Russian operators in the oil/gas industry with the goal of building a strong vertically integrated petroleum company based on opportunities available in the Russian Federation. This will be accomplished through acquisitions of interests to develop crude oil sites with proven reserves by means of equity investment or joint ventures in oil/gas operations. Its first acquisition is that of CJSC Chedty Neft. 

The Board has been presented with a compelling proposition and will study the matter over the coming days and then report to its shareholders this coming Tuesday, October 1st at 4:00PM. This additional project shall exceed all expectations of the Company's plan for growth and shall maximize the Company's revenues substantially. 

The President adds, "Our main goal is to increase our footprint in this industry and, this proposition may augment shareholders' value tenfold. We are moving in a much faster rate than expected." 

About Far Vista Petroleum Corp
Far Vista Petroleum Corp has the business objectives of interacting with Russian operators in the oil/gas industry with the goal of building a strong vertically integrated petroleum company based on opportunities available in the Russian Federation. This will be accomplished through acquisitions of interests to develop crude oil sites with proven reserves by means of equity investment or joint ventures in oil/gas operations. Its first acquisition is that of CJSC Chedty Neft. 

Contact:
Maxim Sushchenko
EMAIL: [e-mail] 

Forward-Looking Statements
This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. 

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include the fluctuations in the price of gold and in the event of severe weather conditions. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. 

 

SOURCE Far Vista Petroleum Corp.