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Force Fuels Announces the Creation of an Operating Company to Service Oil Leases

^{Published on 2010-06-08 05:00:16 - Market Wire}
 

NEWPORT BEACH, CA--(Marketwire - June 8, 2010) - Force Fuels, Inc. (OTCBB: [ FOFU ]). Force Fuels, Inc. announces the creation of its subsidiary Force Fuels Services Corp., a wholly owned subsidiary incorporated in Kansas. "The creation of this company will allow us to service our own leases rather than depend on outside operators. It gives me great satisfaction to see implemented yet another step in our growth strategy which includes a tight control over expenses and maximum leveraging of resources. We are now looking at several options that will allow us to maximize the potential of this opportunity as we start to exploit our fields," commented Oscar Luppi, CEO of Force Fuels.

The company also just obtained a Kansas Oil Operator License and has started taking over operation of the Force Fuels leases. When asked to comment, Thomas Hemingway, Director and Vice President, said: "Owning and controlling the operator is always important, but it is especially so when entering a period of accelerated growth, drilling and stimulation." The first leases to be operated by Force Fuels Services are located in Montgomery County in southern Kansas.

About Force Fuels, Inc.

Force Fuels, Inc.'s primary focus is in the field of regulated and standardized energy based products. Regulated energy products include oil, natural gas and electricity produced using solar and wind power. 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 or retirementof 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.