Arctic Oil & Gas Corporation Initiates Trading Under the Symbol AOAG on the NASD Over-the-Counter Exchange
* Reuters is not responsible for the content in this press release.
LAS VEGAS, NV, Jan 22 (MARKET WIRE) --
Arctic Oil & Gas Corp. (OTCBB: AOAG), an oil exploration venture company
that has filed for the exclusive exploitation, development, marketing and
extraction
rights to the oil and gas resources of the seafloor and subsurface contained
within
the "Arctic Claims," is pleased to announce that it has begun trading on the
NASD OTC under the symbol "AOAG."
On November 16, 2007, Arctic Oil & Gas Corp. (formerly known as Bulldog
Financial
Inc.) entered into an Asset Purchase Agreement with United Oil and Gas
Consortium Management Corp., a Nevada Corporation, Strategic Nine Corporation,
also a Nevada Corporation and Sterling Oil and Gas (NZ), a New Zealand
Corporation, pursuant to which it acquired a thirty percent interest in certain
oil and gas claims as set forth in the agreement filed with the SEC.
These claims arise from a joint filing made, on May 9, 2006, by United,
Strategic
and Sterling with the United Nations General Assembly and the countries of
Canada, Russia, United States of America, Norway and Denmark. The filing
claims, as a responsible oil and gas development agent of the "common heritage
of mankind," the sole and exclusive exploitation, development, marketing and
extraction
rights to the oil and gas resources of the sea floor and subsurface contained in
the entire Arctic Ocean Common area beyond the exclusive economic zone of the
Arctic Ocean's surrounding countries (the "Arctic Claims").
Peter Sterling, president of the company, stated, "The last giant oil
frontier on Earth is in the arctic. The Arctic Ocean Abyssal floor is
increasingly believed to hold vast reserves of untapped oil and natural gas,
which is expected to become accessible as new deep-sea drilling and
hydrocarbons production technology has become available. We intend to
operate as the "lead manager" tasked to create a multinational joint venture
consortium of major oil companies, whose technology and managerial expertise
will be
vital to recovering the oil and gas from the harsh, deep waters of the Arctic
in an environmentally safe manner."
About Arctic Oil & Gas
Arctic Oil & Gas representatives have filed a claim with the United
NationsGeneral Assembly and the countries of Canada, Russia, United States of
America, Norway and Denmark, claiming, as a responsible oil and gas
development agent of the "common heritage of mankind," the sole and exclusive
exploitation, development, marketing and extraction rights to the oil and gas
resources of the seafloor and subsurface contained within the entire Arctic
Ocean Common area beyond the exclusive economic zone of the Arctic Ocean's
surrounding countries called the "Arctic Claims." The Company intends to
operate as the "lead manager" tasked to create a multinational joint
venture consortium of major oil companies, whose technology and managerial
expertise will be vital to recovering the oil and gas from the harsh, deep
waters of the Arctic in an environmentally safe manner.
Please visit www.arcticoag.com
This announcement contains forward-looking statements within the meaning
ofSection 27A of the Securities Act of 1933, Section 21E of the Securities
Exchange
Act of 1934 and the Private Securities Litigation Reform Act of 1995. Actual
results may differ from management's expectations. These forward-looking
statements involve risks and uncertainties that include, among others, risks
associated with oil & gas exploration 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. More information
about factors that potentially could affect AOAG's financial results is included
in
its filings with the Securities and Exchange Commission.
Investor Relations:
Patrick Lowry
Phone: 702.953.9688
Email: Email Contact
Copyright 2008, Market Wire, All rights reserved.
-0-
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.



Follow Reuters