PALM DESERT, CA / ACCESSWIRE / September 12, 2023 / Southern ITS International, Inc. (OTC PINK:SITS) announced today that its subsidiary, Pure Oil & Gas, Inc., has successfully completed drilling of its most recent well in Texas. Production testing has concluded and extraction operations are underway for oil collection and transportation.
Jeremy Larsen, President of Pure Oil & Gas, Inc., stated, “We want to thank our skilled partner and driller-operator, ICS Energy, Inc. for their continued hard work and expertise. We are very pleased with the success of this well. Together with ICS Energy, we look forward to identifying and drilling more wells in Texas as we continue to expand the assets of Pure Oil & Gas.”
About Southern ITS International, Inc.
Southern ITS International, Inc. remains focused on owning and/or controlling a comprehensive portfolio of highly successful businesses. As a holding company, Southern ITS International is actively engaged in the pursuit of equity stakes in various public and private entities.
Our mission includes establishing a robust Direct-to-Consumer (DTC) and Business-To-Business (B2B) network, harnessing the potential of e-commerce across an array of diverse sectors, including manufacturing, distribution, and product sales.
We have assembled, and continue to add to, a seasoned management team to direct us in achieving our goals, which include evolving into a multinational conglomerate. Our team is working to build a well-rounded portfolio, to include both complete acquisitions of and strategic interests in companies, within sectors spanning technology, oil and gas, manufacturing, real estate, and beyond. These partnerships and acquisitions will become operational subsidiaries under the Southern ITS International umbrella.
Precautionary and Forward-Looking Statement
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