HOUSTON, Oct. 6, 2011 (GLOBE NEWSWIRE) -- Eagle Ford Oil & Gas Corporation (OTCBB:ECCE), a growing independent oil and gas exploration and production company, announced today that it has retained Assured Value Advisors, LLC ("AVA"), as its advisory consultants to expedite the company's growth. Headquartered in New York, AVA specializes in working with undiscovered public companies and providing them with global access to the finest investment professionals. As strategic partners with Eagle Ford's management team, AVA will assist the company in accelerating company growth, as well as navigating the strategic implementation of property acquisitions and expansion projects.
Alan Hirsch and Stan Altschuler have a combined 55 years of experience successfully advising over 100 public companies in a variety of sectors. Altschuler spent 8 years advising Boots and Coots, an oil and gas servicing company that was eventually acquired by Halliburton, while Hirsch recently advised Energy/Utility Concern Consonsus on a recent merger and IPO. "The principals of Assured are excited to join the Eagle Ford team because of their existing production and excellent drilling prospects across Texas and Louisiana. Eagle Ford also has a strong management team in place to further execute our plan of acquiring additional properties and acquisitions," commented Altschuler.
"Market demand for Oil and Gas will always be steady for a domestic producer," said Paul Williams, CEO of Eagle Ford. "Assured's aggressive institutional outreach and financial knowledge, combined with their deep experience in corporate finance will be invaluable to Eagle Ford as we power our next phase of growth."
About Eagle Ford Oil & Gas Corporation
Eagle Ford Oil & Gas Corp. engages in exploration and development of oil and gas production properties. The Company specializes in acquiring, exploring and developing oil and gas producing assets in the Gulf Coast region of Texas and Louisiana. Eagle Ford Oil & Gas has a team comprised of senior professionals with distinguished records of achievement and success in the targeted focus area.
Forward-Looking Statements
Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of ECCE.OB officials are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future ECCE.OB actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and ECCE.OB has no specific intention to update these statements.