Alpha Oil Set to Go Public as Interest Grows in Largest Oil Deposit Ever Discovered

Sept. 25, 2010 - PRLog -- Alpha Oil looks set to join a select group of oil and gas companies, who have grown a popular following among London´s Alternative Market community.

The company is currently unlisted and owns a number of interests in the Caribbean basin, and with growing interest in the region it is set to join the market later this year.

“There is ample evidence that the oil reserves underneath the Caribbean Basin are on a similar scale to those of the Persian Gulf, the Red Sea and the Gulf of Aden combined, and that they contain three thousand times as much natural gas than oil,” says Michael Whirson Chief Executive Officer of Alpha Oil “Interest in the basin is strong and Alpha Oil is in a prime position.”

Headquartered in Dominica and established in 1990: Alpha oil is an exploration management and Operations Company engaged in negotiating and managing Production Sharing Contracts (PSCs) for petroleum and other natural resources.

In accordance with “Guidance Note for Mining, Oil and Gas Companies” the information contained in this announcement has been reviewed and approved by Dexter Munro, Operations Director of Alpha Oil who is a Petroleum Engineer and a member of the Society of Petroleum Engineers.

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Headquartered in Dominica and established in 1990: Alpha oil is an exploration management and Operations Company engaged in negotiating and managing Production Sharing Contracts (PSCs) for petroleum and other natural resources.