Xtreme Oil & Gas Has Engaged Southwest Securities as Its Investment
PLANO, TX -- (Marketwire) -- 01/07/13 -- Xtreme Oil & Gas, Inc.
(OTCQB: XTOG) (OTCBB: XTOG), announced today that the company has
engaged Southwest Securities, Inc. to assist the Company's Board of
Directors and management in raising capital for the acquisition of a
tank truck service company, general corporate purposes and to advise
Xtreme in fulfilling our acquisition strategy and enhancing
shareholder value and liquidity. Southwest is a FINRA member and
The tank truck service company is an oilfield trucking service
company providing oilfield fluid trucking services principally in
Oklahoma. Headquartered in Oklahoma, with regional operations in
Anadarko Basin, Arkoma Basin and Granite Wash play in Oklahoma. The
Company operates 34 transport trucks, one bobtail truck and 115 frac
"We are pleased to engage the corporate finance professionals at
Southwest Securities," stated Willard G. McAndrew III, CEO of Xtreme
Oil & Gas. "SWS provides Xtreme with exceptional advice and access to
the capital markets to fund our growth in the oilfield services
sector. The tank truck service Company is our first planned
acquisition that will enhance our cash flow and asset base."
Xtreme Oil & Gas, Inc. is a Dallas-based independent energy company
engaged in the exploration, development, acquisition, and production
of crude oil and natural gas with operations from properties it owns
in Texas, Oklahoma, and Kansas. The company's oilfield services
disposes of saltwater for independent energy producers.
Southwest Securities, Inc., a member of NYSE, FINRA and SIPC,
provides securities brokerage, investment banking and securities
clearing services to a broad range of individual, corporate, public
and industry clients. The firm is a wholly owned subsidiary of SWS
Group, Inc. (NYSE: SWS), a financial services holding company.
Statements included in this release related to Xtreme Oil & Gas, Inc.
constitute or may constitute forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. Such
statements involve a number of risks and uncertainties such as the
inherent uncertainty of f
inding and developing oil and gas
properties, the technological and financial difficulties inherent in
these activities, the price of hydrocarbons and the Company's ability
to estimate accurately net revenues due to variability in size, scope
and duration of projects. Further information on potential risk
factors that could affect the Company's financial results can be
found in the Company's reports filed with the Securities and Exchange
Xtreme Oil & Gas, Inc.
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