LOI with Texas Oil Gas Company IRVING, TX--(Mark
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LOI with Texas Oil & Gas Company
IRVING, TX--(Marketwire - Oct 10, 2012) - Jerry Monday, President and Chairman
of the Board of Texas Hill Country Barbecue ( PINKSHEETS : THCB .08), announced
today THCB has opened negotiations and expects to sign a letter of intent soon
with a Texas-based oil and gas services company. The oil and gas services
company owns and holds interest in several thousand acres of oil leases and
producing oil and gas wells in East Texas, and is engaged in acquisition,
development drilling, exploration and production of crude oil and natural gas.
"We are exploring ways using convertible warrants and common stock that will pay
dividends to acquire current and long-term oil and gas production. We anticipate
this strategy will provide the basis for a profitable future for THCB and
potentially increase shareholder value," said Monday.
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