Brenham Oil & Gas Corp.
OTCBB:
"BRHM"601 CIEN RD, STE 235, KEMAH, TX 77565-3077
Tel: (281) 334-9479 Fax: (281) 334-9508
www.brenhamoil.com email: amin@americanii.com
News Release ____ ______________
BRENHAM OIL & GAS CORP. INVITED TO negotiate production
sharing contracts IN West AFRICA
Houston & Kemah, Texas – January 4, 2012, Brenham Oil & Gas Corp., OTCBB: BRHM ("Brenham"), a subsidiary of American International Industries, Inc., OTCBB: AMIN ("American"), announced that it received letters of invitation from the Government of Equatorial Guinea in West Africa to propose and negotiate the terms and conditions for multiple deepwater exploration blocks. Four other companies were also identified in the letters as participating in the proposal and negotiations together with Brenham. The Equatorial Guinea area was highlighted by Brenham’s Rog Hardy, as part of the Company’s ongoing review of seismic and well data in Sub-Saharan Africa.
Mr. Hardy, Brenham Vice President Technology and geologist, stated, "In a review of available data, we have identified a trend with attributes in Equatorial Guinea’s offshore waters similar to those of recent significant discoveries and producing fields in Equatorial Guinea."
Scott Gaille, Brenham’s President, stated, "The discussions with the Government of Equatorial Guinea represent Brenham’s ongoing technical and commercial efforts to identify untapped exploration potential in Africa by comparing data from successful discoveries to data from unexplored areas."
Mr. Gaille further stated, "Brenham’s business model is to initially acquire oil development and production assets in the U.S. and then to follow these with a portfolio of international exploration prospects. While there can be no assurance that Brenham will be able to successfully conclude the concession acquisitions, our work in Equatorial Guinea reflects Brenham’s continuing efforts to enter into African exploration, development and production."
For more information regarding Brenham please visit their website:
http://www.brenhamoil.com/Brenham Oil & Gas Corp. is an independent oil and gas company engaged in the acquisition of petroleum resources. The Company's focus is on coupling United States development/production assets with international exploration in locations such as Sub-Saharan Africa. Brenham's management team includes experienced professionals from major oil and gas companies.
Forward-Looking Statements:
This press release may contain forward-looking statements, including information about management’s view of the Company’s future expectations, plans and prospects, within the safe harbor provisions under The Private Securities Litigation Reform Act of 1995 (the "Act"). All statements other than statements of historical information provided herein may be deemed to be forward-looking statements. Without limiting the foregoing, the words "believes", "anticipates", "plans", "expects" and similar expressions are intended to identify forward-looking statements. Factors that could cause actual results to differ materially from those that we may anticipate reflected by our subsidiaries' operations include without limitations, growth in the energy sector and in the oil and gas service industry, increased levels of competition, new products and technology changes, and the market for pipes, the rules of regulatory authorities and risks associated with any potential acquisitions. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis, judgment, belief or expectation only as of the date hereof. Finally, the Company undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by the Company.
Investor Relations: Rebekah Ruthstrom Tel: 281-334-9479 email:
amin@americanii.com