Triton American Energy Corp. (OTC PK: TRAE), provider of natural gas and crude oil, is pleased to report its wholly owned subsidiary Triton American Well Service, LLC (TAWS) has completed the acquisition of Instar Field Services, Inc. Instar FieldServices is an oil and gas maintenance company which gauges and pumps wells to determine the rate of outflow and ensure continued operation. Currently, Instar is experiencing a high rate of demand to provide services for energy companies. Management anticipates Instars year-over-year revenue growth to double due to TAW's client base and Triton Austin Chaulks steady flow of wells which are being acquired and in need of maintenance. TAWS acquisition includes Instars assets which are all trucks, back-hoes as well as a wide compliment of other equipment necessary for TAWS' turn-key twelve well project which is underway on the Blackwell Lease in the Luling-Branyon Field. TAWS now owns a work-over rig, radial jet drilling unit and all of the related field assets to efficiently complete the pilot program, which is now proceeding. TAWS is also in the process of acquiring an additional work over rig. For more information, please contact Investor Relations at (973) 351-3868 for Stephen Taylor or visit our website at: www.tritonamericanenergycorp.com About Triton American Energy Corporation: Triton American Energy is an independent crude oil and natural gas and oil exploration and production company based in Houston, Texas. The company's business plan is structured to take advantage of todays rising energy cost, while reducing as much financial risk as possible. Tritons niche or specialty are the small to moderate operations (usually 1-50 well projects). These wells can be worth hundreds of millions of dollars in revenue but require more hands-on attention then the major producers are willing to give. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, the forward looking matters discussed in this news release are subject to certain risks and uncertainties which could cause the Company's actual results and financial condition to differ materially from those anticipated by the forward-looking statements including, but not limited to, the Company's liquidity and the ability to obtain financing, the timing of regulatory approvals, uncertainties related to corporate partners or third-parties, product liability, the dependence on third parties for manufacturing and marketing, patent risk, copyright risk, competition, and the early stage of products being marketed or under development, as well as other risks indicated from time to time in the Company's filings with the Securities and Exchange Commission.
Triton Amern Energy (CE) (USOTC:TRAE)
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