Holiday Island Holdings, Inc. Has Started Oil Production at Its Windy Point Well in Central Texas
HOLIDAY ISLAND HLDGS INC (HIHI)
NASDAQ:AMEX Investor Relations:
quotes.wsj.com/hihi
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Source: GlobeNewswire
PLANT CITY, Fla., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Holiday Island Holdings, Inc. (OTC: HIHI) (soon to be EP3Oil, Inc.) announced today that it has started pumping oil into production tanks at its Windy Point well located in Central Texas. Windy Point is one of many wells to be developed on the 300-acre lease controlled by HIHI. Based on geological surveys, the company is sitting on a large proven oil reserve. Glenn Klinker, CEO, is quoted: “We are very pleased with the progress at Windy Point, and we expect to be an ongoing revenue generating company within the next 30 days for the first time in its history. We are also close to realizing oil production on our neighboring Metcalf lease which we expect to be able to publicly disclose shortly. Now, EP3Oil has secured two (2) oil producing fields in Central Texas with plans to add many more.” Mr. Asencio, VP of Marketing, is quoted: “We are very pleased with the progress during the last 7 months of our oil recovery efforts,
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