Company Website:
http://www.uniontownenergy.com/
BILLINGS, Mont. -- (Business Wire)
UnionTown Energy Inc. (Pink Sheets: UTOG) is pleased to announce that a
shareholder update is available on its website at http://www.uniontownenergy.com/documents/newsletter.html.
Topics in the monthly newsletter covered include The New Miami Property,
Listing processes in Europe and North America and online reporting with
the Montana Board of Oil and Gas Conservation.
UnionTown Energy Inc. (UTOG) is an independent oil and gas company that
owns 48% of NX Petroleum Inc., which has a Memorandum of Understanding
to be purchased by a European Oil & Gas Company. On completion of the NX
Petroleum-European Oil & Gas Company transaction, UTOG will own 48% of
the European Oil & Gas Company and a 10% working interest in the New
Miami Property. UnionTown Energy Inc. is a proud member of the Montana
Petroleum Association.
For more information please visit www.UnionTownEnergy.com.
Safe Harbor
The information in this release includes forward-looking statements.
These forward-looking statements generally are identified by the words
"believe," "project," "expect," "anticipate," "estimate," "intend,"
"strategy," "plan," "may," "should," "will," "would," "will be," "will
continue," "will likely result," and similar expressions. These
forward-looking statements involve known and unknown risks as well as
uncertainties, including those discussed in the following cautionary
statements and elsewhere in this release. Although the Company believes
that its expectations are based on reasonable assumptions, the actual
results that the Company may achieve may differ materially from any
forward-looking statements, which reflect the opinions of the management
of the Company only as of the date hereof. These forward-looking
statements, specifically statements relating to expectations regarding
commercial viability or production from its properties may well involve
risks and uncertainties that include, among others, fluctuations in
natural gas and crude oil prices; the timely receipt of necessary
permits and approvals; market demand for, and/or available supplies of,
energy-related products and services; unanticipated project delays,
risks related to competition, management of growth, new products,
services and technologies, potential fluctuations in operating results,
international expansion, commercial agreements, acquisitions and
strategic transactions, government regulation and taxation. You should
carefully review the information disclosed within the section entitled
"Risk Factors" contained in the Company's Report on Form 10Q/A filed on
September 23, 2011, as well as the information contained in this
release, when assessing the Company and its business. The Company
undertakes no obligation to update or revise publicly any
forward-looking statements, whether as a result of new information,
future events or otherwise. The United States Securities and Exchange
Commission permits oil and gas companies, in their filings with the SEC,
to disclose only proved reserves that a company has demonstrated by
actual production or conclusive formation tests to be economically and
legally producible under existing economic and operating conditions.
Contacts:
UnionTown Energy Inc.
Patrick Smyth, 702-530-3241
info@uniontownenergy.com
Source: UnionTown Energy Inc.
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