STOCK TITAN

Holiday Island Holdings, Inc. (EP3Oil, Inc.) Announces It Strikes Oil on Its First Completed Oil Well, Windy Point in Central Texas

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags

Holiday Island Holdings, Inc. (OTC: HIHI), soon to be EP3Oil, Inc., has announced significant progress in its Windy Point development project in Central Texas. The company is in the final stages of pumping oil and generating revenue from its first completed oil well. Tests have revealed large quantities and strong consistency of crude oil.

CEO Glenn Klinker expressed his goal to generate significant revenue and become a player in the regional oil business. VP of Marketing, Mr. Asencio, shared his excitement about the project's success. The company is partnered with Cavalier Oil, which includes experienced oilmen, geologists, and engineers, to further develop and expand the field.

Holiday Island Holdings, Inc. (OTC: HIHI), che diventerà presto EP3Oil, Inc., ha annunciato progressi significativi nel suo progetto di sviluppo Windy Point nel Texas centrale. L'azienda è nelle fasi finali di estrazione di petrolio e generazione di entrate dal suo primo pozzo petrolifero completato. I test hanno rivelato grandi quantità e una forte consistenza di petrolio greggio.

Il CEO Glenn Klinker ha espresso il suo obiettivo di generare entrate significative e diventare un attore nel settore petrolifero regionale. Il VP Marketing, Sig. Asencio, ha condiviso il suo entusiasmo per il successo del progetto. L'azienda collabora con Cavalier Oil, che include esperti del settore petrolifero, geologi e ingegneri, per sviluppare ulteriormente e ampliare il campo.

Holiday Island Holdings, Inc. (OTC: HIHI), que pronto se convertirá en EP3Oil, Inc., ha anunciado avances significativos en su proyecto de desarrollo Windy Point en Texas Central. La empresa se encuentra en las etapas finales de extracción de petróleo y generación de ingresos de su primer pozo petrolero completado. Las pruebas han revelado grandes cantidades y una fuerte consistencia de petróleo crudo.

El CEO Glenn Klinker expresó su objetivo de generar ingresos significativos y convertirse en un jugador en el negocio petrolero regional. El VP de Marketing, Sr. Asencio, compartió su entusiasmo por el éxito del proyecto. La empresa se ha asociado con Cavalier Oil, que incluye a expertos en petróleo, geólogos e ingenieros, para desarrollar y expandir aún más el campo.

Holiday Island Holdings, Inc. (OTC: HIHI), 곧 EP3Oil, Inc.로 전환될 회사가 텍사스 중앙 지역의 Windy Point 개발 프로젝트에서 중요한 발전을 발표했습니다. 이 회사는 첫 번째 완공된 석유 우물에서 석유를 펌핑하고 수익을 창출하는 마지막 단계에 있습니다. 테스트 결과 대량의 원유가 강한 일관성을 가지고 있다는 것이 밝혀졌습니다.

CEO Glenn Klinker는 상당한 수익을 창출하고 지역 석유 사업의 주요 플레이어가 되는 것을 목표로 하고 있다고 밝혔습니다. 마케팅 부사장인 Mr. Asencio는 이 프로젝트의 성공에 대한 흥분을 공유했습니다. 이 회사는 숙련된 석유업자, 지질학자 및 엔지니어로 구성된 Cavalier Oil과 협력하여 해당 지역을 더욱 개발하고 확장하고 있습니다.

Holiday Island Holdings, Inc. (OTC: HIHI), qui deviendra bientôt EP3Oil, Inc., a annoncé des avancées significatives dans son projet de développement Windy Point au Texas central. L'entreprise est dans les dernières étapes de pompage de pétrole et de génération de revenus à partir de son premier puits de pétrole achevé. Les tests ont révélé de grandes quantités et une forte cohérence de pétrole brut.

Le PDG Glenn Klinker a exprimé son objectif de générer des revenus significatifs et de devenir un acteur du secteur pétrolier régional. Le VP marketing, M. Asencio, a partagé son enthousiasme pour le succès du projet. L'entreprise est associée à Cavalier Oil, qui comprend des hommes de l'industrie pétrolière, des géologues et des ingénieurs expérimentés, pour développer et étendre davantage le champ.

Holiday Island Holdings, Inc. (OTC: HIHI), das bald in EP3Oil, Inc. umbenannt wird, hat bedeutende Fortschritte in seinem Windy Point Entwicklungsprojekt in Zentraltexas bekannt gegeben. Das Unternehmen befindet sich in der Abschlussphase der Ölproduktion und Erwirtschaftung von Einnahmen aus seinem ersten fertiggestellten Ölbrunnen. Tests haben große Mengen und eine starke Konsistenz von Rohöl gezeigt.

CEO Glenn Klinker äußerte sein Ziel, signifikante Einnahmen zu generieren und ein Akteur im regionalen Ölgeschäft zu werden. Der VP für Marketing, Herr Asencio, teilte seine Begeisterung über den Erfolg des Projekts. Das Unternehmen arbeitet mit Cavalier Oil zusammen, das erfahrene Ölmänner, Geologen und Ingenieure umfasst, um das Feld weiterzuentwickeln und auszubauen.

Positive
  • First completed oil well at Windy Point project is in final stages of pumping oil
  • Tests reveal large quantities and strong consistency of crude oil
  • Partnership with Cavalier Oil provides access to experienced oilmen, geologists, and engineers
  • Plans for further development and expansion of the oilfield
Negative
  • None.

PLANT CITY, Fla., July 22, 2024 (GLOBE NEWSWIRE) -- Holiday Island Holdings, Inc. (OTC: HIHI), (soon to be EP3Oil, Inc.), announced today that it is in the final stages of pumping oil and bringing in revenue at its Windy Point development project.

EP3Oil, Inc.

Windy Point consists of over 300 acres of underdeveloped oil production in Central Texas. Tests are revealing large quantities and strong consistency of crude oil.

Glenn Klinker, CEO, is quoted: “My personal goal for the company is to generate significant revenue and eventually become a player in the regional oil business. Based on what I saw at our onsite visit this week, we are on our way with our first completed producing well, with more planned in the near future.”

Mr. Asencio, VP of Marketing, is quoted: “I am extremely satisfied with the final work in our newest well. After making an onsite visit to the well and oilfield in Texas last week, we are very excited for all our shareholders and our executive team. We came here to make history, and here we are.“

As previously announced, Ep3Oil is partnered with Cavalier Oil, which includes top-notch oilmen, geologists, and engineers. Together we plan to fully develop and expand this field in the near future.

The Company will keep both its shareholders and public completely informed of the entire process as the details continue to develop. Please watch for press releases about the Company’s progress.  For additional information, please visit the Company’s website at www.EP3OIL.COM.

Forward-Looking Statements Disclaimer:

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.

Contact:
Glenn Klinker - CEO & Chairman
Phone: (702) 480-3215
Email: GLENN@EP3OIL.com
Website: www.EP3OIL.com


FAQ

What is the current status of Holiday Island Holdings' (HIHI) Windy Point oil project?

Holiday Island Holdings (HIHI) is in the final stages of pumping oil and generating revenue from its first completed oil well at the Windy Point development project in Central Texas.

How many acres does the Windy Point project cover for HIHI?

The Windy Point project consists of over 300 acres of underdeveloped oil production in Central Texas.

Who is Holiday Island Holdings (HIHI) partnered with for the Windy Point oil project?

Holiday Island Holdings (HIHI) is partnered with Cavalier Oil, which includes experienced oilmen, geologists, and engineers, for the development of the Windy Point project.

What are the initial test results from HIHI's Windy Point oil well?

Tests at the Windy Point oil well have revealed large quantities and strong consistency of crude oil, according to the company's announcement.

HOLIDAY ISLAND HLDGS INC

OTC:HIHI

HIHI Rankings

HIHI Latest News

HIHI Stock Data

4.80M
Oil & Gas Drilling
Energy
Link
United States of America
Holiday Island