LEVITTOWN, NY, Nov. 6, 2013 /PRNewswire/ - Far Vista
Petroleum Corp (FVSTA, PinkSheets)
The president states that he received a counteroffer from the
financial institution representing the purchaser. This counteroffer
is now before the Board of Directors.
The details of the counteroffer will be released to the
shareholders tomorrow at 1:00 PM.
About Far Vista Petroleum Corp
Far Vista Petroleum Corp has business objectives
of interacting with Russian operators in the oil/gas industry with
the goal of building a vertically integrated petroleum company
based on opportunities available in the Russian Federation. This will be accomplished
through acquisitions of interests to develop crude oil sites with
proven reserves by means of equity investment or joint
ventures.
Forward-Looking Statements
This news release contains "forward-looking statements," as that
term is defined in Section 27A of the United States Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934.
Statements in this press release that are not purely historical are
forward-looking statements and include any statements regarding
beliefs, plans, expectations or intentions regarding the
future.
SOURCE Far Vista Petroleum Corp.