Hybrid Energy Holdings Announces Oil Well Production Recovery and Rehabilitation Portfolio Initiative
12 Luglio 2010 - 3:37PM
Marketwired
Hybrid Energy Holdings, Inc. (PINKSHEETS: HYBE) announced today the
official launch of its acquisition initiative to acquire technology
and operational protocols to successfully re-activate, recover, or
rehabilitate otherwise dormant or depleted oil wells.
The initiative's focus will be on the extraction and profitable
recovery of 'heavy oil' reserves from existing wells not in active
production.
Shareholders can expect timely updates as the company adds these
operations and technologies to its portfolio.
The Company's foundation-building Phase I strategic plan called
for traditional and proven fuel production acquisitions to
establish revenues and assets. Building on its success, the Company
launched Phase II of its growth strategy and began its transition
to alternative and renewable energy and technology revenue
models.
The company's New Energy Initiative calls for the aggressive
investment in, and acquisition and development of nascent 'New
Energy' technologies, Intellectual Property assets, and operations
in the Clean Energy, Energy Smart Technologies and Carbon Capture
& Storage sectors of the Energy Sector.
The Company successfully established a strong and growing asset
based of clean energy producing assets with strong recurring
profits and cash-flows. The company recently announced important
clean and renewable energy assets as part of its transition to a
sustainable and renewable energy revenue model. The company is
assessing the acquisition of several new assets, operations and
technologies and encourages further technology submittals and
developmental joint ventures through the Merger & Acquisition
portal at www.HybridEnergyHoldings.com
About Hybrid Energy Holdings
Hybrid Energy Holdings (HEH) acquires and operates profitable
energy companies with strong historical cash-flow and sustainable
profitability. The Company acquires sector-specific technology and
assets as part of its Phase II Clean Energy Initiative. HEH's prior
foundation building acquisitions focused primarily on traditional
and proven fuel production has transitioned its growth strategy to
adding the latest in energy conservation, reclamation, and power
co-generation technologies. HEH may acquire nascent energy
technology or rights as portfolio enhancing assets. HEH's primary
business strategy is the acquisition of diverse, profitable energy
related assets that provide synergistic profits and revenue
enhancements across all portfolio companies.
HEH believes its combination of profitability and mitigated-risk
funding structures provides long-term shareholder equity
appreciation.
The company maintains its web site at:
www.HybridEnergyHoldings.com
Safe-Harbor Statement This release
contains statements or projections regarding future performance
that are forward-looking statements as defined in the Private
Securities Litigation Reform Act of 1995. Actual results may differ
materially from those projected as a result of certain risks and
uncertainties. The company's filings contain various RISK FACTORS
(and are incorporated on the Company's website "Investors" section
by reference) and should be read before any investment
decision.
Contact: Investor Relations Tel: +1 (775) 636-7602 Fax: +1 (775)
996-7330 info@HybridEnergyHoldings.com
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