Capital Oil Ltd is pleased to announce a non-brokered $500,000 CAD private placement through issuance of 2,000,000 shares at $0.25 per share. The minimum investment of $5,000 CAD for 20,000 shares.
The proceeds will be used for future acquisitions of low-production oil and gas wells with identifiable upside potential.
Capital Oil Ltd. is currently looking for people & partners within Alberta who are interested in owning oil & gas properties with us. The recent decline in oil prices have hurt many of the high overhead companies and have given opportunity to purchase wells & assets at considerable discounts.
Contact Capital Oil Ltd. at 403-880-2485
About Capital Oil Ltd.
Capital Oil Ltd. is an oil and gas production company with current operations in Central Alberta. The companies strategy is to target and acquire oil and gas properties that have been neglected and can be improved through operational enhancements.