Orbit Petroleum, Inc. has published its first Monthly Newsletter! “We are excited and pleased that we can provide better communication with our shareholders and investors in this format – comments are appreciated,” states Jim Frazier, Orbit’s President.
The newsletter is available for review at the Company’s web site – www.orbitpetro.com
Safe Harbor Statement
This projection does not take into account the natural decline of oil and gas production that will occur over the productive life of the projected wells. At this time, there is no production history available for this well to calculate production decline curves. Although this projection could prove accurate, that cannot be determined at this time and actual results will most likely differ from projected results. Also, there is no assurance that newly drilled or deepened wells in the Chaveroo Field will be commercial or produce over long periods of time.
When used in this projection, the words “intends,” “believes,” “anticipated” and “expects” and similar expressions are intended to identify forward-looking statements. Such statements are subject to risks and uncertainties, which could cause actual results to differ materially from those projected. Factors that could cause or contribute to such differences include normal risks associated with oil and gas drilling activities. In addition, adverse weather conditions can hinder or delay operations, as can shortages of equipment and materials or unavailability of drilling, completion, and/or work-over rigs. Even though a well is completed and is found to be productive, water and/or other substances may be encountered in the well, which may impair or prevent production or marketing of oil or gas from the well.
Orbit Petroleum, Inc.
Jim Frazier, 405-607-6020
Source: Orbit Petroleum, Inc.