AM Oil Resources & Technology says that the Officers and Directors have begun to chart a new course for the Company. Since inception, the prior company was involved in the mining business with properties held for exploration in the state of Nevada. On November 25, 2008, the Company acquired patented oil and gas recovery technologies and management has decided to actively begin building and marketing the technologies for worldwide sales and utilization.

According to Anthony K. Miller, CEO, “We believe that this is the best direction for the Company as the newly acquired technologies hold promise to help the U.S. and other oil producing countries to increase the flow and recovery of oil from existing wells. Our patented technology helps producers recover crude oil that would otherwise remain in the ground forever.”

The Company has also appointed Michael Freeberg and Greg Brown as new directors of the Company.

“We are extremely pleased to appoint Michael Freeberg and Greg Brown to the Board of directors of the Company. These gentlemen bring valuable experiences to the Company and will be instrumental in molding our future. We believe that it is very important to add people who see the vision of this Company clearly and are driven to take AM Oil Resources & Technology in the direction that will add significant value to our shareholders,” commented Mr. Miller.

Tags: AM Oil Resources & Technology