Reostar Energy Corp. (OTCM- REOS) (“ReoStar”) is pleased to announce that it has executed a Letter of Intent with an experienced oil and gas company (“Company”) to re-develop 24 existing oil and gas wells.
Press Release
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Jan 20, 2022 07:44 PST
PASADENA, Calif., January 20, 2022 (Newswire.com)
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– ReoStar Energy Corp. (OTCPink- REOS)(“ReoStar”) is pleased to announce that it has executed a Letter of Intent (LOI) with an experienced oil and gas company (“Company”). Detailed information on this exciting oil and gas joint venture will be made public upon execution of a binding Definitive Agreement.
Peter Koch, CEO/President of ReoStar, commented that, “This JV is a perfect fit to execute our business model. It will generate significant ongoing revenue for REOS to invest in our Alternative Energy Products and potentially to pay solid shareholder…