Hinto Energy, Inc. Increased Oil Sales
December 31 2013 - 5:09AM
Marketwired
Hinto Energy, Inc. Increased Oil Sales
DENVER, CO--(Marketwired - Dec 31, 2013) - Hinto Energy, Inc.
(OTCQB: HENI) announces increased oil sales in December 2013.
George Harris, the Company's Chief Executive Officer, remarked,
"We are pleased to announce oil shipments of approximately 370
barrels for December 2013, representing the highest monthly
shipments to date and a significant increase over previous months.
The Company continues to increase production through enhancements
to pumping methods expected to double or triple Montana oil
production, in addition to further enhancing production by
reworking existing oil wells in the Cisco, Utah fields."
In addition to production from current wells, management
believes that the Company's Mason Lake, Montana and Cisco, Utah
leases provide significant upside potential by drilling additional
oil wells. The Company is continuing to evaluate opportunities to
expand its well and lease holdings in Montana, Colorado, Utah and
Wyoming.
Hinto Energy, Inc. engages in the exploration, acquisition, and
development of oil and gas properties, with current properties in
Utah and Montana encompassing approximately 15,000 acres and 40
wells. The Company is based in Arvada, Colorado.
Notice Regarding
Forward-Looking Statements
This press release
may contain certain 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. Investors are cautioned that such
forward-looking statements involve risks and uncertainties, which
include among others, the inherent uncertainties associated with
petroleum exploration and development stage exploration companies
including without limitation, other risks detailed from time to
time in the Company's periodic reports filed with the Securities
and Exchange Commission.
Contact Information: Hinto Energy, Inc. Gary Herick Vice
President - Finance 7609 Ralston Road Arvada, CO 80002 (303) 647-4850
www.hintoenergy.com
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