Archer Petroleum Corp. is pleased to provide the following corporate update.
The Company achieved many goals in 2013 and is looking forward to further significant developments in 2014. Since its initial financing in January of last year, Archer has continued to work towards becoming a key player in the new American oil sands sector.
The Company has also positioned itself well to become a provider of a cutting edge, global heavy oil/bitumen extraction technology, and to potentially expand its heavy oil production focus beyond the United States. Following are some of the major goals accomplished by the Company in 2013: