RJDG NEWS Announces Earthlinc Environmental Enters
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Posted On: 02/21/2018 11:21:57 AM
RJDG NEWS Announces Earthlinc Environmental Enters Acquisition Discussion
Wednesday, February 21, 2018 4:07 PM UTC
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TULSA, OK, Feb. 21, 2018 -- RJD Green, Inc. (OTC: RJDG), today announced the Earthlinc Environmental Division has entered formal discussions for acquisition of two operating oil & gas properties located strategically in the Mid-America region.
The combined properties reflect over 4,700 contiguous acres with existing production with net operating profit of over $33,000 monthly. The properties offer excellent drilling capability in 1,500 feet shallow well zoning. Both properties have complete geology reporting and engineered proven reserves. It is projected that with secondary enhancement of existing wells and an orderly drilling and completion program, revenue can be grown ten-fold.
RJD Green management states; “We hope to have reached terms of acquisition within thirty days. If an LOI agreement is reached, the targeted closing date would be within ninety days of reaching a letter of intent.”
About Earthlinc
Wednesday, February 21, 2018 4:07 PM UTC
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comments
TULSA, OK, Feb. 21, 2018 -- RJD Green, Inc. (OTC: RJDG), today announced the Earthlinc Environmental Division has entered formal discussions for acquisition of two operating oil & gas properties located strategically in the Mid-America region.
The combined properties reflect over 4,700 contiguous acres with existing production with net operating profit of over $33,000 monthly. The properties offer excellent drilling capability in 1,500 feet shallow well zoning. Both properties have complete geology reporting and engineered proven reserves. It is projected that with secondary enhancement of existing wells and an orderly drilling and completion program, revenue can be grown ten-fold.
RJD Green management states; “We hope to have reached terms of acquisition within thirty days. If an LOI agreement is reached, the targeted closing date would be within ninety days of reaching a letter of intent.”
About Earthlinc
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