NRG Resources, Inc. (OTC: NRRI), an independent energy company, today reported that Mitch Ngo and Ariel Valls have joined the Company’s growing marketing team.
NRG Resources, Inc. (OTC: NRRI), an independent energy company, today reported that Mitch Ngo and Ariel Valls have joined the Company’s growing marketing team.
Valls heads marketing for Latin America and Ngo is in charge of marketing and sales in Asia. Valls and Ngo have many years of experience in retail and wholesale product marketing, distribution, and brand development.
“We are excited to have Valls and Ngo join us at a time when we roll out our products into international markets,” states Don Borba, Director of Marketing. “Both gentlemen are seasoned entrepreneurs with sustained tract records of success as marketing professionals and with extensive business networks in their respective regions,” indicates Borba.
About NRG Resources, Inc.
NRG Resources, Inc., a Nevada corporation, is an oil and gas exploration and oil products marketing company, based in California. Through its Kazakhstan subsidiary, Munaisystem INK, the Company is pursuing oil and gas exploration opportunities in the Republic of Kazakhstan. Through its oil products division, NRG Resources, Inc. markets a proprietary line of lubricants for industrial and commercial application.
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This announcement contains forward-looking statements, which can be identified by the use of forward-looking terminology such as "may," "expect," "anticipate," "estimate," "continue," "believe" “plan,” “hope, “intend,” or other similar words. We have made forward-looking statements with respect to the following, among others: our goals and strategies; our ability to earn sufficient revenues to operate and retain the human resources that we have recruited or are in the process of recruiting; our ability to continue to operate and/or develop our existing lubricants business; our ability to continue as a going concern. These statements are forward-looking and reflect our current expectations. These forward-looking statements are subject to a number of risks and uncertainties, some of which are beyond our control. Forward-looking statements in this announcement are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Although NRG Resources, Inc. believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Investors are cautioned that all forward-looking statements involve high risks and uncertainty, including without limitation, our limited operating history, the costs and risks of exploring and developing new oil and natural gas reserves, the price for which such reserves can be sold, environmental concerns effecting the drilling of oil and natural gas wells, fluctuations in commodity prices, inconsistent application, interpretation, and enforcement of applicable Kazakh government taxes, and Kazakhstan Excess Profits Tax, currency exchange losses if Tenge depreciates against US Dollar, country and political risks, including diplomatic and political relations between US and Kazakhstan, costs arising from environmental liability, uncertain costs of drilling (oil producing fields located adjacent to Kokaral, are not an indication that our drilling or related efforts will be successful), inability to drill wells that produce commercial quantities of oil and natural gas, shut-ins of connected wells resulting from extreme weather conditions, insufficient storage or transportation capacity or other geological and mechanical conditions, general market conditions, competition, oil and gas pricing, drilling programs and results, our continued operations of our lubricant business, our future capital needs, our ability to retain qualified management and consultants, etc.
For further information regarding this press release contact
NRG Resources, Inc.
Heip “Alex” Trinh
Vice President, Business Development
Tony Vanetik, Chairman
3720 South Susan Street
Suite 100
Santa Ana, CA 92704
714-689-9100
Fax 714-689-9111
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