Trophy Resources Inc. Acquires Substantial Interest in Glasgow Prospect
June 09 2006 - 8:55AM
Business Wire
Trophy Resources, Inc. (Pink Sheets:TRSI) announced today that they
have acquired a 37.5% working interest in approximately 2000 acres
of land that lies on the western edge of the Williston Basin in
Montana. With this venture, Trophy Resources, Inc. has begun an
aggressive acquisition program of oil and natural gas leases that
will include exploration, enhancement and current reserve
production. Lead by newly hired Chief Operating Officer, Eric
Leonetti, policies and standard operating procedures are being
implemented that will allow Trophy Resources, Inc. to
systematically plan and acquire leases such as the Glasgow project
as well as define the parameters that will allow for the execution
of enhancement and drilling programs. According to Mr. Leonetti,
"It is our desire to build a portfolio of oil, natural gas and
other mineral rights leases throughout North America by preparing
and implementing a methodology that we are confident will to allow
us to show the investment community a substantial and timely return
on investment." About Trophy Resources: Trophy Resources, Inc.
(www.trophyoil.com) is a publicly traded company primarily
dedicated to build a diverse portfolio of high value, low risk
energy and mining projects. The Company goal is to evaluate
profitable options, build a solid foundation through acquisition of
land and/or leases and explore and develop the opportunities on
these leases. Certain statements contained herein are
"forward-looking" statements (as such term is defined in the
Private Securities Litigation Reform Act of 1995). Because such
statements include risks and uncertainties, actual results may
differ materially from those expressed or implied by such
forward-looking statements. Factors that could cause actual results
to differ materially from those expressed or implied by such
forward-looking statements include, but are not limited to, those
discussed in filings made by the Company with the Securities and
Exchange Commission.
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