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Remington Oil & Gas Taps Petro Lucre LLC To Facilitate JV, Take-Public Strategies

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November 23, 2010

Remington Oil & Gas Inc. reports it has partnered with Petro Lucre LLC to expand its development and acquisition strategies in the company's Texas, Arkansas and Oklahoma assets, and to explore potential take-public strategies.

Remington chief executive Kevin Jones says, "As energy prices continue to spike and global markets continue to improve it was evident that preparing to go public to increase our financing and acquisition abilities was the best option. This partnership has already provided us viable options to expand our business plan and obtain public listing."

"Remington has ...

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