Leveraged oil and gas acquisitions are an important strategy for Pure Oil & Gas Inc. as it seeks to grow its asset base and establish a strong position in the industry. The company’s parent company, Southern ITS International, Inc. (Stock Symbol: SITS), provides it with the financial flexibility to use stock and cash to acquire leases, producing wells, oil services companies, and new oil industry technology.
Oil and Gas Exploration and Production Company
Acquiring Leases, Producing Wells and
Profitable Oil Services Companies
The oil and gas exploration and production business is a unique sector where a publicly traded company with cash and stock to offer can find numerous opportunities for profitable acquisitions.
We plan to grow and expand the company by increasing assets, revenues and profits through the acquisitions of targeted oil and gas properties, leases and wells.
Using industry connections we can rapidly locate properties and producing wells that can be obtained at highly feasible prices.
We plan to expand throughout the United States with Wyoming, California and Texas as the initial states that we will target.
As a wholly-owned subsidiary of a Publicly Traded Company, Southern ITS International, Inc. (Stock Symbol: SITS), we have the ability to use stock and cash to acquire selected oil and gas industry properties and companies.
We plan to build a solid asset base and strong cash flow by acquiring producing properties and wells.
The oil and gas exploration and production industry offers a unique sector where the addition of leases, producing wells and profitable oil field services companies provides highly advantageous balance sheet asset growth from equipment and cash flow revenues. We plan to use these advantages to increase shareholder values.
In the US the oil and gas industry is currently undergoing unique growth in new technologies that can provide environment benefits and enhance profits.
Environment concerns from the general public and the government have created unique pressures that are bringing about the creation of innovative new ideas and technology.
Many of the companies that have developed unique new solutions need both strategic and financial assistance to complete their offerings, bring them to the marketplace and generate profits. Pure Oil & Gas plans to identify these companies, acquire positions in them and provide the resources they need to succeed.
Attached are a few pictures of fence cutting, road into drill site, and the drill site location construction.
As you can see in one of the pictures how wet it is on location, as the picture depict you can see it showered while we were constructing the location. Thanks to Bill and Shannon for all their hard work in getting equipment service and ready.
We are setting up water storage in the frac tanks today to store water to be used while drilling and cementing.
We are getting closer each day. We were approved today with the attached Drilling Permit issued by Texas Railroad Commission, which is the governmental body who regulates Oil and Gas in Texas.
PALM DESERT, CA / ACCESSWIRE / April 25, 2023 / Southern ITS International, Inc. (OTC PINK:SITS) announced today that its subsidiary, Pure Oil & Gas, Inc.,
PALM DESERT, CA / ACCESSWIRE / March 21, 2023 / Southern ITS International, Inc. (OTC PINK:SITS) announced today that its subsidiary, Pure Oil & Gas, Inc.
PALM DESERT, CA / ACCESSWIRE / December 16, 2022 / Southern ITS International, Inc. (OTC PINK:SITS) announced today that its subsidiary, Pure Oil & Gas, Inc.