HOUSTON, Jan. 5, 2006 (PRIMEZONE) -- Northamerican Energy Group Corporation (Pink Sheets:NNYG) announced today that it has entered into an agreement with Trinity Energy to work collectively to explore new business opportunities in the energy field in the Midwest.
Trinity Energy & Infrastructure Group, and its subsidiary companies, is a multi-service firm serving clients in the environmental, geologic, geotechnical, engineering, mining, petroleum, and drilling arenas throughout the central United States.
"This firm, and the resources they bring to Northamerican, fit perfectly into Northamerican's strategy of working to acquire viable, low risk, primary production properties in other areas of the United States. Trinity's knowledge, and experience, in the Midwest basin are an invaluable addition to our efforts to continue to expand Northamerican Energy's area of operations, and we are extremely pleased that we are able to form this relationship with Trinity, and its President and founder, Jeffery Major," stated Jon Ginder, Northamerican Energy's Chief Executive Officer.
About Northamerican Energy Group Corporation.
Northamerican Energy Group was established to develop a proven growth strategy of identification, acquisition, and development of domestic hydrocarbon reserves. The Company will concentrate on acquiring prospects, which are, and have, proven oil and gas production, which has been operating for many, many years. By acquiring working interests in proven low-risk fields, the Company minimizes the risk by not "wildcatting or drilling dry-holes," and incurring any expense of building major infrastructure to get the product to market. Finally, The Company's low-cost operations and low overhead structure allow the Company to maximize the income and revenue from each production lease.
Safe Harbor Provisions
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic and business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.