Holiday Island Holdings, Inc. Has Started Oil Production at Its Windy Point Well in Central Texas
Holiday Island Holdings, Inc. (OTC: HIHI), soon to be EP3Oil, Inc., has commenced oil production at its Windy Point well in Central Texas. The company controls a 300-acre lease with potential for multiple wells and sits on a large proven oil reserve. CEO Glenn Klinker expects revenue generation within 30 days, marking a first in the company's history. HIHI is also nearing production on the neighboring Metcalf lease. With two oil-producing fields secured in Central Texas, the company plans further expansion. VP of Marketing Asencio highlighted 7 months of progress in oil recovery efforts and anticipates more advancements in the coming year. The company is also working on a name and symbol change, with news expected this month.
Holiday Island Holdings, Inc. (OTC: HIHI), presto conosciuta come EP3Oil, Inc., ha iniziato la produzione di petrolio nel suo pozzo Windy Point nel Texas centrale. L'azienda controlla un contratto di locazione di 300 acri con potenziale per più pozzi e si trova su una grande riserva di petrolio provata. Il CEO Glenn Klinker si aspetta generazione di entrate entro 30 giorni, segnando un primo traguardo nella storia dell'azienda. HIHI è anche vicina alla produzione nel vicino contratto Metcalf. Con due campi di produzione di petrolio garantiti nel Texas centrale, l'azienda pianifica ulteriori espansioni. Il VP del Marketing Asencio ha evidenziato 7 mesi di progressi negli sforzi di recupero del petrolio e prevede ulteriori miglioramenti nell'anno a venire. L'azienda sta anche lavorando a un cambiamento di nome e simbolo, con notizie in arrivo questo mese.
Holiday Island Holdings, Inc. (OTC: HIHI), que pronto se llamará EP3Oil, Inc., ha comenzado la producción de petróleo en su pozo Windy Point en el centro de Texas. La compañía controla un contrato de arrendamiento de 300 acres con potencial para múltiples pozos y se ubica sobre una gran reserva de petróleo probada. El CEO Glenn Klinker espera generar ingresos en 30 días, lo que marcaría un hito en la historia de la empresa. HIHI también está cerca de iniciar producción en el arrendamiento vecino de Metcalf. Con dos campos productores de petróleo asegurados en el centro de Texas, la compañía planea una mayor expansión. El VP de Marketing Asencio destacó 7 meses de progreso en los esfuerzos de recuperación de petróleo y anticipa más avances en el próximo año. La empresa también está trabajando en un cambio de nombre y símbolo, con noticias esperadas para este mes.
홀리데이 아일랜드 홀딩스, Inc. (OTC: HIHI)는 곧 EP3Oil, Inc.로 변경될 예정이며, 텍사스 중부의 Windy Point 유정에서 석유 생산을 시작했습니다. 이 회사는 여러 개의 우물 가능성을 가진 300에이커 임대를 제어하고 있으며, 대규모 입증된 석유 매장량 위에 위치하고 있습니다. CEO Glenn Klinker는 30일 이내에 수익 창출을 기대하고 있습니다, 이는 회사 역사상 첫 번째입니다. HIHI는 또한 인근 Metcalf 임대에서도 곧 생산을 시작할 예정입니다. 텍사스 중부에 두 개의 석유 생산 필드가 확보되어 있는 이 회사는 추가 확장을 계획하고 있습니다. 마케팅 부사장 Asencio는 석유 회수 작업에서 7개월의 진전을 강조하며 다가오는 해에 더 많은 발전을 기대하고 있습니다. 이 회사는 또한 이름과 기호 변경 작업을 진행 중이며, 이달 중 소식이 있을 예정입니다.
Holiday Island Holdings, Inc. (OTC: HIHI), qui sera bientôt connue sous le nom de EP3Oil, Inc., a commencé la production de pétrole à son puits Windy Point dans le centre du Texas. L'entreprise contrôle un bail de 300 acres avec un potentiel pour plusieurs puits et est située sur une grande réserve de pétrole prouvée. Le PDG Glenn Klinker s'attend à générer des revenus dans les 30 jours, marquant un premier jalon dans l'histoire de l'entreprise. HIHI est également sur le point de commencer la production sur le bail voisin de Metcalf. Avec deux champs producteurs de pétrole sécurisés dans le centre du Texas, l'entreprise prévoit une nouvelle expansion. Le VP Marketing Asencio a souligné 7 mois de progrès dans les efforts de récupération de pétrole et prévoit davantage d'avancées dans l'année à venir. L'entreprise travaille également sur un changement de nom et de symbole, avec des nouvelles attendues ce mois-ci.
Holiday Island Holdings, Inc. (OTC: HIHI), das bald in EP3Oil, Inc. umbenannt wird, hat die Ölproduktion in seinem Windy Point-Brunnen in Zentraltexas aufgenommen. Das Unternehmen kontrolliert ein 300-Hektar-Pachtgebiet, das Potenzial für mehrere Brunnen bietet und sich auf einer großen nachgewiesenen Ölreserve befindet. CEO Glenn Klinker erwartet innerhalb von 30 Tagen Einnahmen zu generieren, was einen ersten Meilenstein in der Unternehmensgeschichte darstellt. HIHI steht auch kurz vor der Produktion auf dem benachbarten Metcalf-Pachtgebiet. Mit zwei gesicherten ölproduzierenden Feldern in Zentraltexas plant das Unternehmen weitere Expansionen. VP Marketing Asencio hob 7 Monate Fortschritt bei den Bemühungen um die Ölgewinnung hervor und erwartet im kommenden Jahr weitere Fortschritte. Das Unternehmen arbeitet auch an einem Namen- und Symbolwechsel, über den in diesem Monat Neuigkeiten erwartet werden.
- Commencement of oil production at Windy Point well
- Control of 300-acre lease with large proven oil reserve
- Expected revenue generation within 30 days
- Secured two oil-producing fields in Central Texas
- Nearing production on neighboring Metcalf lease
- Plans for expansion to more oil fields
- None.
PLANT CITY, Fla., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Holiday Island Holdings, Inc. (OTC: HIHI) (soon to be EP3Oil, Inc.) announced today that it has started pumping oil into production tanks at its Windy Point well located in Central Texas.
Windy Point is one of many wells to be developed on the 300-acre lease controlled by HIHI. Based on geological surveys, the company is sitting on a large proven oil reserve.
Glenn Klinker, CEO, is quoted: “We are very pleased with the progress at Windy Point, and we expect to be an ongoing revenue generating company within the next 30 days for the first time in its history. We are also close to realizing oil production on our neighboring Metcalf lease which we expect to be able to publicly disclose shortly. Now, EP3Oil has secured two (2) oil producing fields in Central Texas with plans to add many more.”
Mr. Asencio, VP of Marketing, is quoted: “We are very pleased with the progress during the last 7 months of our oil recovery efforts, and we visualize much more progress in the next year. In addition, the Company has been working diligently on its name and symbol change, and we expect to have positive news on that front this month.”
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
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