Retains Wedgewood Investment Group to prepare a Asset Backed $998Mil Bond
Under the terms of Marston Webb's engagement, the firm will be paid a retainer of $15,000. And a monthly fee of $10,000. Marston Webb will not be granted stock options or common shares of the Company under the terms and conditions of the agreement.
Marston Webb will assist the Company with managing its public and investor relations along with market awareness programs. Marston Webb brings to the Company more than 30 years of relevant industry experience.
Malcolm Bendall, CEO of Empire Energy commented; "We are very pleased and feel fortunate to have been able to retain such an internationally known firm to represent our company to assist us in building reputation an awareness on a global basis. Our board looks forward to working with the staff of Marston Webb."
Cautionary Note Regarding Forward-Looking Statements
Safe Harbor: Pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934, any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals and assumptions of future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this release may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions such as "may," "could," or "might" occur. Such statements reflect the current views of CTI with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products, services, and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. Empire Energy Corporation International does not undertake any responsibility to update the "forward-looking" statements contained in this news release.
About Empire Energy Corporation International
Empire Energy Corporation International (OTCMKTS:EEGC) is an international oil and gas exploration company, focusing on developing assets in one of the world's last virgin basins and to become a leading low-cost finder of hydrocarbons. The Company is currently operating in Tasmania's central and northern basins.
Wedgewood Investment Group LLC.
Marston Webb International
Empire Energy Corporation International