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Published in House and Home on Thursday, June 17th 2010 at 5:41 GMT by Market Wire🞛 This publication is a summary or evaluation of another publication
NEWPORT BEACH, CA--(Marketwire - June 17, 2010) - Force Fuels, Inc. (
Initially, the Advisory Council will be comprised of three members: Donald Hejmanowski, Dan Molleker and Richard Coody. Thomas Hemingway, Director, explains, "Mr. Hejmanowski is currently a member of the Company's Board of Directors. He brings several decades of experience in the oil and gas field and will serve as Council Chairman and Board Liaison. Mr. Molleker brings considerable experience in developing oil properties in Kansas as well as being a prolific inventor, responsible for the development of the innovative nitrogen injection technology currently licensed by Force Fuels. He will provide strategic counsel related to development and acquisition. Mr. Coody has developed several successful oil ventures in the Oklahoma-Kansas area and has considerable experience in both the private and public sectors. His experience will bring new efficiencies in the operation and financing of our properties."
Oscar Luppi, Chairman and CEO of Force Fuels, added, "The Council will work directly with me as well as the Board, and will initially help in developing our drilling program for our Kansas Lease as well as consult on our new purchase prospects." Continuing, he noted, "Irrespective of whether we enter into a new oil venture, a wind farm investment or a new solar power plant project, Force Fuels is committed to maintaining an industry neutral business model while acquiring knowledge and expertise in each field we enter. In order to make the best business decisions, we recognize and greatly value the importance of aligning our management team with board members and key industry experts equipped with critical knowledge and skill, who are each capable of providing us with meaningful strategic guidance and direction."
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.
Forward Looking Statements
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 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.
