American Community Development, Inc. Begins Reviewing a Development Drilling Joint Venture Opportunity in an Existing Oil Poo...
February 15 2012 - 1:33PM
Marketwired
American Community Development, Inc. (PINKSHEETS:ACDP) begins
reviewing a development drilling joint venture opportunity in an
existing oil pool located in Ontario, Canada. The oil pool
discovery dates back to the early 1900's and it is felt that a
significant number of low risk infill development drilling
locations exist with multiple zones.
About American Community Development, Inc.:
ACDP is an emerging oil and gas company, focusing its
exploration and development activity on oil and gas reserves
onshore within the USA and Canada. ACDP has assembled a seasoned
team of managers and technical professionals in the areas of
geology, geophysics, engineering, and legal. ACDP is positioning
itself for aggressive asset growth and shareholder value
enhancement.
This news release may contain forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Act of 1934, as amended;
such statements are subject to risks and uncertainties that could
cause actual results to vary materially from those projected in the
forward-looking statements. The Company may experience significant
fluctuations in operating results due to a number of economic,
competitive and other factors. These factors could cause operations
to vary significantly from those in prior periods, and those
projected in forward-looking statements. Information with respect
to these factors, which could materially affect the Company and its
operations, are included on certain forms the Company files with
the Securities and Exchange Commission.
Contacts: American Community Development, Inc. Bruce A. Thomson,
B.A.Sc. President & CEO 702-605-0145info@acdp-ir.com
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