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HINTO ENERGY, INC. OIL SALES IN MONTANA
DENVER, CO--(Marketwired - Oct 30, 2013) - HINTO ENERGY, INC. (OTCQB: HENI)
announces the first oil sales from its Mason Lakes oil field in Musselshell
County, Montana.
George Harris, the Company's Chief Executive Officer, remarked, "We are pleased
to announce the sale of our first load of oil from the recently acquired oil
field in Montana. We expect to complete additional field reconfiguration in
November to improve efficiency. The Company hopes to further increase production
through enhancements to pumping methods that might double or triple current
fluids production."
In addition to production from existing wells, management believes that the
Mason Lake leases provide significant potential for drilling additional oil
wells. The Company is continuing to evaluate opportunities to expand its well
and lease holdings in the Musselshell County area of Montana, as well as in
Colorado, Utah and Wyoming.
Hinto Energy, Inc. engages in the exploration, acquisition, and development of
oil and gas properties, with current properties in both Utah and Montana
encompassing approximately 15,000 acres and 40 wells. The Company is based in
Arvada, Colorado.
Notice Regarding Forward-Looking Statements
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This press release may contain certain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. Investors are cautioned
that such forward-looking statements involve risks and uncertainties, which
include among others, the inherent uncertainties associated with petroleum
exploration and development stage exploration companies including without
limitation, other risks detailed from time to time in the Company's periodic
reports filed with the Securities and Exchange Commission.
Contact:
Contact Information:
Hinto Energy, Inc.
Gary Herick
Vice President - Finance
7609 Ralston Road
Arvada, CO 80002
(303) 647-4850
www.hintoenergy.com