CALGARY, Alberta, Feb. 11, 2015 (GLOBE NEWSWIRE) -- Quattro Exploration and Production Ltd. (TSX-V: QXP ) ("Quattro" or the "Company") is pleased to announce that it has been recognized by TSX Venture Exchange (TSXV) as one of the 2015 TSX Venture 50 companies, a ranking of the top performing companies listed on TSXV last year.
Each year, the TSX Venture 50 ranks the top ten companies listed on TSXV across five major industry sectors: Oil and Gas, Mining, Technology & Life Sciences, Diversified Industries and Clean Technology. The companies are chosen based on equal weighting of their share price appreciation; trading volume, market capitalization, growth and analyst coverage, as of December 31, 2014.
"We are honored to be recognized as one of the top ten ranked companies in TSXV's Oil and Gas sector," commented Leonard Van Betuw, President and CEO of Quattro. "We would like to thank our valued shareholders for their continued support, the TSX Venture Exchange for their acknowledgement and the entire Quattro team for their dedication and excellent work in their continued pursuit to become a recognized and responsible member of the oil and gas industry. This honor is only one of many milestones that Quattro's team is continually striving to surpass."
About Quattro Exploration and Production Ltd.
Quattro Exploration and Production Ltd. continues to focus on low cost conventional exploration and development of oil and natural gas reserves in Western Canada, primarily in south central Saskatchewan, with an expanding presence in Alberta. Our core low risk production base will provide us the capacity to aggressively pursue a series of high impact exploration and development efforts in Central and South America. The Company intends to balance this portfolio of activities to assure its shareholders that it achieves material growth in both reserves and production.
This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, Investors should review the Company's registered filings which are available at www.sedar.com .
This news release shall not constitute an offer to sell or the solicitation of any offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities offered have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws.
Trading in the securities of Quattro Exploration & Production Ltd. should be considered highly speculative. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Leonard Van Betuw Quattro Exploration & Production President and Chief Executive Officer Office (403) 984-3917 Direct Line (587) 228-7070 www.qxp-petro.com
