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PDGO Announces Acquisition of 100% Interest in 58 Oil and Gas Wells and 600 Acres of Land in Oklahoma New York, New – Paradigm Oil and Gas, Inc. (OTCBB: PDGO), a leading energy company, is thrilled to announce the successful acquisition of a 100% interest in 58 oil and gas wells along with 600 acres of land in Oklahoma. The asset was acquired by a PDGO-related company with full integration into PDGO to be completed upon the asset being audited. This strategic move further solidifies PDGO’s commitment to growth and innovation in the energy sector. The acquisition of these assets represents a significant milestone for PDGO, providing a substantial increase in its portfolio and operational footprint. With this acquisition, PDGO is poised to capitalize on the potential for growth and development in the region, leveraging its expertise and resources to maximize value for shareholders and stakeholders alike. “We are excited to announce the acquisition of these assets, which align perfectly with our strategic objectives,” said Paul Rachmuth, President of PDGO. “This investment underscores our confidence in the long-term potential of the energy sector and reaffirms our commitment to driving sustainable growth and value creation.” The acquired assets comprise 58 oil and gas wells strategically located in Oklahoma, a region known for its rich energy resources. Additionally, PDGO has gained ownership of 600 acres of land, providing ample opportunities for further exploration and development activities. PDGO remains dedicated to responsible and sustainable energy production, prioritizing environmental stewardship and community engagement in all its operations. The company will leverage its expertise and resources to optimize the performance of the newly acquired assets while adhering to the highest standards of safety, environmental protection, and regulatory compliance. With this acquisition, PDGO is well-positioned to capitalize on emerging opportunities in the energy market, driving value for its shareholders and contributing to the economic development of the regions in which it operates. For more information about PDGO and its recent acquisition, please visit pdgoinc.net or contact the company at 646-543-1838. About the Company Paradigm Oil and Gas, Inc. (OTCBB: PDGO) is a holding company. PDGO is a leading energy company committed to driving sustainable growth and value creation in the energy sector. With a focus on responsible energy production and innovation, PDGO leverages its expertise and resources to deliver superior performance and maximize value for shareholders and stakeholders.
Safe Harbor This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; (iii) growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements because of various factors. More information about the potential factors that could affect the business and financial results is and will be included in the Company’s filings with the Securities and Exchange Commission and/or OTC Markets. Certification: April 15, 2024 /s/ Paul Rachmuth CEO Contact Details: 447 Broadway 2nd Floor, Unit 103 New York, NY 10013
