CybeRelease: (OTC: PEMC) Reports Record Net Income
(CybeRelease, July 19, 2007) - Lake Harmony, Pa.- For the 9 months ending June 30, 2007, Pacific Energy (OTC PK: PEMC) had net income of $627,786.78. Pacific Energy & Mining is a diversified company that operates oil and gas leases throughout Utah. The Company also has non-operated interests in Utah and Oklahoma.
The Company is in the process of unitizing the field with offset leaseholders, the largest of which is Questar Exploration and Production Company, a subsidiary of Questar Corp. (NYSE: STR) traded on the New York Stock Exchange.
Pacific Energy & Mining is a diversified company that operates oil and gas leases throughout Utah. It also has non-operated interests in Utah and Oklahoma. The Company would also like to welcome all new shareholders present or future to visit our website at www.pemc.us for detailed information.
To read the complete release, go to http://biz.yahoo.com/bw/070530/20070530005365.html?.v=1
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