$SITS SOUTHERN ITS INTERNATIONAL, INC. SUBSIDIARY
Post# of 42472
Palm Desert, CA, Dec. 14, 2021 (GLOBE NEWSWIRE) -- Southern ITS International, Inc. (OTC Pink: SITS) announced today that its wholly owned subsidiary, Pure Oil and Gas, Inc., has entered into a Consulting Agreement with Mesa Resources, Inc., of Plano, Texas.
James Shipley, President of Southern ITS International, Inc., said, "We are pleased to announce that our subsidiary, Pure Oil and Gas, Inc. (Pure) has entered into a consulting agreement with Mesa Resources, Inc. (Mesa). Mesa, through its President, Kevin Chennault, will provide various services, including, but limited to, securing and developing oil and gas leases and or farm outs and project development, which would include drilling, testing, completion, and production of oil and gas wells in commercial quantities. Mesa may also locate for Pure currently producing properties with upside potential for acquisition.” Mr. Shipley went on to say, "Mesa and Mr. Chennault have a combined 40 years in the oil and gas industry and we are looking forward to working with Mesa. Mesa has already identified projects and or properties in which Pure has expressed interest in and we are looking forward to kicking off our first project as soon as possible."
Kevin Chennault, President of Mesa Resources, Inc. said, “We are looking forward to working with Jim Shipley and Pure Oil and Gas in a mutually beneficial relationship. We have already identified prospects in Palo Pinto, Jack, and Throckmorton Counties in Texas with offsetting production that we plan to pursue. Oil and Gas remains an essential part and driving force of our world economy and will be around for years to come.
About Pure Oil and Gas, Inc.
Pure Oil and Gas, Inc., intends to join in the global transition that the energy world is experiencing, by addressing the continuing need for oil and gas exploration and production in the United States. New innovative, greener, cost-effective, and energy saving technologies in oil and gas exploration and production are in more demand now than ever before. We intend to use our platform to acquire, and/or joint venture oil and gas exploration, developing, and producing. www.pureoilgas.com.
https://finance.yahoo.com/news/southern-inter...00384.html