IDGC Announces First Oil & Gas Advisory Member
IDGLOBAL (Pink Sheets:IDGC) IDGLOBAL Corp is pleased to announce to shareholders that the IDGLOBAL Management is pleased to announce its inaugural Oil & Gas Advisor, Mr. Paul Hughes of Midland, Texas.
Mr. Hughes has worked in the Midland/Odessa area for the past 35 years in various industries that include both financial services as well as with an E&P entity based in West Texas. Mr. Hughes’ last position was with Doral Energy where he assisted Doral's Executive Management team with the transition phase of their acquisition of their Southeastern New Mexico oil and gas assets. Specifically, he interfaced with pumpers and oilfield service entities on a day to day basis to identify and report to Doral Senior Management the potential problems that present themselves with a new acquisition as well as any potential upside that might be identified.
IDGC Management states “As stated in our last press release to shareholders, the creation of an Oil & Gas Advisory Board will assist our Board of Directors to decide what sort of risk/reward we will be facing when determining what oil and gas projects to acquire. Having Mr. Hughes join our Advisory Board should further prove to shareholders that we are committed to working with individuals that have not only an oil and gas knowledge, but a long standing work history within the Midland/Odessa area. It is these long standing relationships that will allow IDGLOBAL the possible opportunity to work alongside West Texas based oil and gas entities that might not be available otherwise if we did not have a day to day presence.”
Mr. Hughes will be based out of IDGC's new west Texas based office in order to assist IDGLOBAL Management to acquire and produce oil and gas within the Permian Basin. Additional Oil & Gas Advisory Members will be forthcoming and communicated with shareholders accordingly. Furthermore, IDGLOBAL will be announcing next week their final decision on their inaugural oil and gas project within the Permian Basin.
For further information about the Permian Basin see previous press release dated January 15 2009.
About IDGLOBAL Corp. (www.idglobalcorp.com)
IDGLOBAL provides a range of leading technologies specifically designed to provide private enterprise and governments 100% solutions to their Counterfeiting and Loss Prevention / Anti-Theft security programs. All rights reserved.
Furthermore, IDGC currently holds a 10% Working Interest alongside Force Energy Corp (FORC.OB) and Midland based, G2 Petroleum in the Diamond Springs Prospect located in Fremont County, Wyoming.
This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of IDGLOBAL Corp. to be materially different from the statements made herein.
Marc Hamilton, 250-862-8933
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