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Force Fuels Announces Acquisition of Rights for Well Stimulation Technology

^{Published on 2010-05-25 05:05:30 - Market Wire}
 

NEWPORT BEACH, CA--(Marketwire - May 25, 2010) - Force Fuels, Inc. (OTCBB: [ FOFU ]) announces the signing of a preliminary agreement with Energy Recovery Systems Inc ("ERS") for the use of their proprietary well stimulation technique. ERS has developed a unique tracking and delivery system for nitrogen gas in under-performing oil wells, and has solved cost and inefficiency issues that have been plaguing the technology. ERS, through its board and employees, has several decades of experience in the purchase, exploitation and management of oil fields in Oklahoma and Kansas, and will provide consulting and management services along with their technology.

The penned agreement provides priority access to both technology and know-how. The first project for this new partnership will be the development of the recently acquired Kansas oil fields. Oscar Luppi, CEO of Force Fuels, said, "We are very excited to have ERS on board, they bring a level of experience in the operation of oil leases in the Kansas and Oklahoma area that will allow us to accelerate both our stimulation and our drilling programs in the region."

About Force Fuels, Inc.

Force Fuels, Inc.'s primary products of the company are regulated and standardized energy based products, which do not require a massive marketing or sales force, thus eliminating the related expenses. These energy based products include oil, natural gas, solar and wind. In the oil and gas field the company plans to focus on the purchase of marginally producing shallow oil wells which can be optimized with existing technologies; the purchase of leases with potential for additional drilling in proven producing areas; and the acquisition of in-house know-how to further optimize production through stimulation, refurbishing and site optimization.

More information can be obtained contacting the company at [ info@forcefuels.com ]

This press release includes statements that may constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect" or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, adverse economic conditions, intense competition, lack of meaningful research results, inadequate capital, termination of contacts or agreements, adverse publicity and news coverage, inability to carry out research, development and commercialization plans, loss r retirement of key executives, acceptance of the Company's current and future products and services in the marketplace, the ability of the Company to develop effective new products or programs and receive regulatory approvals of such products, competitive factors, dependence upon third-party vendors, and other risks detailed in the Company's periodic report filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.