Innocent, Inc. (INCT) Signs Joint Venture Agreement to Explore for Oil and Gas
Innocent, a development stage oil and gas drilling and exploration company, today announced that it has entered an exploration agreement with Evergreen Petroleum of Dallas, TX. Evergreen, which has more than 150 years of experience in the oil and gas industry, will be the General Manager of the Exploration Project. Evergreen will be responsible for selecting areas to lease, drilling exploratory wells, drilling development wells, and producing oil and gas found. Evergreen has conducted and will continue to conduct both regional and local geological studies to define prospects that are worthy of acquiring oil and gas leases. Preliminary examinations of…