Golden Apple Oil and Gas, Inc. Corporate Update
March 17 2006 - 8:28AM
PR Newswire (US)
PHOENIX, AZ, March 17 /PRNewswire-FirstCall/ -- Golden Apple Oil
and Gas, Inc. (OTC Pink Sheets: GAPJ.pk - News) wishes to advise
that its geological consultant is currently ascertaining the
potential seismic requirements of various third party oil and gas
companies, with the view of planning a seismic program over the
Company's Cookshire property in Quebec, to coincide with other
companies' programs in or near the same region in Quebec, to reduce
the cost to the Company of mobilization and demobilization of the
seismic crews. One of the Company's major shareholders is planning
a trip to Houston, Texas before the end of March to arrange for a
further micro-gravimetry survey program over other parts of the
Company's properties. Headquartered in Phoenix, Arizona, Golden
Apple is an independent oil And gas producer with a focus on North
and South American properties. The Company applies advanced
technologies to systematically explore and develop Its oil and
natural gas opportunities. Golden Apple focuses its activities
where technology can be used effectively to maximize returns on
invested capital by reducing drilling risk and enhancing its
ability to cost-effectively grow reserves and production volumes.
Golden Apple Oil and Gas, Inc. has a Canadian office in Toronto,
Ontario to facilitate the management of its Canadian operations.
All correspondence and communication will continue to be serviced
by the company's head office staff in Phoenix Arizona. This media
release may contain forward-looking statements regarding, but not
limited to, management, market potential, distributor success,
market size, international sales, marketing, future events and
performance of the Company which involve risks and uncertainties
that could materially affect actual results. Investors should refer
to documents that the Company intends to file with the SEC for a
description of certain factors that could cause actual results to
vary from current expectations and the forward-looking statements
contained in this media release. For more information on Golden
Apple Oil and Gas, Inc. including up to date news and market
information, please visit http://www.goldenappleoil.com/
DATASOURCE: Golden Apple Oil and Gas, Inc. CONTACT: Jay H. Budd,
President and CEO, ; Investor Relations: (480) 898-4199, ; or
contact Birchstone Communications Inc., (905) 505-0430,
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