CALGARY, Alberta , Nov. 30, 2017 (GLOBE NEWSWIRE) --
Uptick Newswire invites Archie Nesbitt, CEO of Marksmen Energy Inc. (TSX-V:MAH) (OTCQB:MKSEF) (“Marksmen” or the “Company”), for an update on what the Company has been accomplishing and what the Company plans to accomplish moving forward. In the first half of the interview, Mr. Nesbitt discusses the Company’s new modern technology and how the Company drills with this technology to produce the most from its oil wells. He discusses the reason why Marksmen is in Ohio putting together a horizontal drilling team, in the Clinton Sandstone, using the new, up-to-date technology to “open up” the wells, further discussing that the Company will start drilling in less than 2 weeks. He elaborates on the private placement to participate in the first horizontal well, the percentage negotiations to take control of the overall project, the thought on the overall revenue income for the life of the well with hard costs and the gives great details on the partners coming in on the project. Furthermore, Mr. Nesbitt discusses the pros and cons of investing in oil companies and junior oil companies and how Marksmen is different from other companies within the industry.
In closing CEO Mr. Nesbitt states, “We are going to be striving to be better known in the US and we will do a lot of work to become better known to the investors in the US. Doing this we think will benefit our shareholders and that will give people a lot more opportunity to participate in our oil and gas resources.”
To listen to the full interview please click here or the following link: https://upticknewswire.com/featured-interview-ceo-archie-nesbitt-of-marksmen-energy-inc-otcqb-mksef/
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
This news release may contain certain forward-looking information and statements including drilling and other opportunities available to Marksmen. All statements included herein, other than statements of historical fact, are forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in Marksmen’s disclosure documents on the SEDAR website at www.sedar.com. Marksmen does not undertake to update any forward-looking information except in accordance with applicable securities laws.
Source: Uptick Newswire