Palisades Petroleum's(PAPT: Pinksheets) Chairman, Makusha Gozo, Announces the Establishment of Significant Competitive Advantages and That It Is in Merger Negotiations With Strat Petroleum Limited
Palisades Petroleum's oil and gas division is looking to expand its investment acquisition base to include opportunities in Russia and former CIS countries. To meet this objective, Palisades has been in merger negotiations with Strat Petroleum Ltd., http://www.stratpetroleum-scotland.com/contact.html, to participate in oil and gas recovery projects that Strat has secured the rights to. Palisades believes in the opportunities that Strat offers and sees a very positive future in generating revenues and increasing shareholder value from these projects.
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This news is a press release provided by Palisades Petroleum.