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GILLETTE, WY--(Marketwired - Jul 1, 2015) - NuTech Energy Resources, Inc. (
CEO Kevin Trizna commented that, "This is an exciting time for our company as we launch into the future with a shift in a new direction." Mr. Trizna described the company as a vertically integrated natural gas production company. The company is currently focused on adding to inventory of its coalbed methane wells in the Powder River Basin of Wyoming, and to convert those wells into profitable producing assets. The Company has a patented, proprietary technology to produce natural gas without pumping water out of the ground from inside a well. This device reduces overhead from conventional methods of natural gas production by as much as sixty percent (60%). Mr. Trizna further states, "The company will be updating investors on a regular basis as the company develops. I am proud of our team and I believe shareholders will be proud of the value we are building on a daily basis."
Safe Harbor
This press release contains forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such statements. Forward-looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly revise any forward-looking statements.
Investor and Media Contact:
Steffan Dalsgaard
CEO Everest Corporate Advisors, Inc.
702-902-2361
702-982-1139