ERF Wireless Expands Oil and Gas Operations Into Two Additional Regions
12 Juin 2014 - 2:10PM
Marketwired
ERF Wireless Expands Oil and Gas Operations Into Two Additional
Regions
Oil and Gas Operations Move Into Upper Eagle Ford and Barnet
Shale Regions
LEAGUE CITY, TX--(Marketwired - Jun 12, 2014) - ERF Wireless
Inc. (OTCQB: ERFB), the operator of the nation's largest
terrestrial wireless broadband network servicing the domestic oil
and gas sector, today announce that it has commenced serving oil
and gas drilling operations in the Central Texas region of the
upper Eagle Ford Shale from its Central Texas wireless network.
Also announced is the resumption of services to oil and gas
operations in the Barnet Shale. ERF Wireless had previously
provided such services in the Barnet Shale but migrated its
services to the lower Eagle Ford Shale and the Permian Basin
regions several years ago along with many of its major customers
when those shale regions attracted a majority of the drilling rigs
away from the Barnet Shale region. However, now -- with the current
oil and gas price levels -- all of these oil and gas regions are
experiencing more active production.
ERF Wireless CEO Dr. H. Dean Cubley stated, "The expansion of
our services into these new regions is an important part of our
overall business strategy for 2014 and is expected to contribute to
our overall revenue growth. We will continue to execute operations
in all business segments with the objective of achieving cash flow
positive and profitable operations in the year 2014."
About ERF Wireless Inc.
ERF Wireless Inc. is a fully reporting public corporation
located in League City, Texas, and is the parent company of Energy
Broadband Inc., ERF Enterprise Network Services, ERF Wireless
Bundled Services, ERF Wireless Messaging Services and ERF Network
Operations. The company specializes in providing wireless and
broadband product and service solutions to enterprise, commercial
and residential clients on a regional, national and international
basis. Its principals have been in the wireless broadband, network
integration, triple-play FTTH, IPTV and content delivery business
for more than 40 years. For more information, please visit our
websites at http://www.erfwireless.com/ and
http://www.energybroadband.com/ or call 281-538-2101.
For information about the oil and gas communications services of
Energy Broadband call 1-888-770-7052.
(ERFBG)
Forward-Looking Information
The information in this release may contain forward-looking
statements relating to anticipated or expected events, activities,
trends or results. Forward-looking statements can be identified by
the use of forward looking terminology such as "believes,"
"suggests," "expects," "may," "goal," "estimates," "should,"
"likelihood," "plans," "targets," "intends," "could," or
"anticipates," or the negatives thereof, or other variations
thereon, or comparable terminology, or by discussions of strategy
or objectives. Because forward-looking statements relate to matters
that have not yet occurred, these statements are inherently subject
to risks and uncertainties. Forward-looking statements in this
release include, without limitation, the Company's expectations of
continued expansion into oil and gas markets and of our terrestrial
broadband networks, along with other performance results. These
statements are made to provide the public with management's current
assessment of our business, and it should not be assumed that that
the forward looking statements will prove to be correct. Security
holders are cautioned that such forward-looking statements involve
risks and uncertainties. The forward-looking statements contained
in this release are only as of the date hereof, and we expressly
disclaim any obligation or undertaking to report any updates or
revisions to any such statement to reflect any change in
management's expectations or any change in events, conditions or
circumstances on which any such statement is based. Certain factors
may cause results to differ materially from those anticipated by
some of the statements made in this release. Please carefully
review our filings with the Securities and Exchange Commission as
we have identified many risk factors that impact our business
plan.
CONTACT: ERF Wireless Inc. Clareen O'Quinn
281-538-2101
ext. 113 coquinn@erfwireless.com Financial Relations Firm Mirador
Consulting LLC 561-989-3600
lbigbidask@aol.com
ERF Wireless (CE) (USOTC:ERFB)
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