New Stratus Energy Files Interim Financial Results for Period Ended September 30, 2017
28 November 2017 - 12:43AM
New Stratus Energy Inc.
(TSX.V:NSE) ("
New Stratus" or the
"
Corporation") is pleased to
announce the filing of its unaudited financial results for the
interim period ended September 30, 2017. Electronic copies of the
Corporation's September 30, 2017 interim financial statements and
related management's discussion and analysis may be obtained from
the SEDAR website at www.sedar.com.
The Corporation in the last quarter and to date
has participated in various data rooms of Oil and Gas Production
assets in the proven basins of Colombia, Peru, Ecuador, Mexico, USA
and Canada.
The Corporation has been looking for corporate
acquisitions of junior companies with production assets and
exploration upside to give value to our shareholders.
The Corporation has a management and technical
team with extensive experience in Latin America that can evaluate
the opportunities financially, technically and legally in a short
period of time.
Size of the analyzed targets are in the range 4
to 25 MMBOE.
Contact
Information:
Krishna
Vathyam
Interim Chief Executive
Officer
+1 403 538 5471kvathyam@newstratus.energy
Forward-Looking
Information
This news release contains forward-looking
statements. More particularly, this document contains statements
concerning future acquisitions. Forward-looking information is
frequently characterized by words such as "plan", "expect",
"project", "intend", "believe", "anticipate", "estimate",
"scheduled", "potential", or other similar words, or statements
that certain events or conditions "may", "should" or "could"
occur.
The forward-looking statements are based on
certain key expectations and assumptions made by the Corporation,
including expectations and assumptions concerning future
acquisitions. Although the Corporation believes that the
expectations and assumptions on which the forward-looking
statements are based are reasonable, undue reliance should not be
placed on the forward-looking statements because the Corporation
can give no assurance that they will prove to be correct. Since
forward-looking statements address future events and conditions, by
their very nature they involve inherent risks and uncertainties.
Actual results could differ materially from those currently
anticipated due to a number of factors and risks.
The reader is cautioned that assumptions used in
the preparation of such information, although considered reasonable
by the Corporation at the time of preparation, may prove to be
incorrect and readers are cautioned not to place undue reliance on
forward-looking information, which speaks only as of the date
hereof. The Corporation does not undertake any obligation to
release publicly any revisions to forward-looking information
contained herein to reflect events or circumstances that occur
after the date hereof or to reflect the occurrence of unanticipated
events, except as may be required under applicable securities
laws.
Neither TSX Venture Exchange nor
its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
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