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24.01.2011
Jatet Petro technology PLC Receives First contract and intends to expand into Oil and Gas Exploration Company.
Jatet Petro technology PLC Receives First contract and intends to expand into Oil and Gas Exploration Company.

Frankfurt, Germany, (Jan 24, 2011) –Jatet Petro Technology PLC (“Jatet” or “the Company”), (Jatet Petro Technology PLC- ISIN GB00B5L2J790- WKN A1C3UY- Symbol 0BK) Jatet provides oil and gas exploration services, and offers many other related services.

Jatet Petro Technology PLC is has received its first order in Canada to provide its specialized oil and gas exploration services. The contract will provide exceptional revenues for the company of over 5mm Euro. Jatet has also expanded into an Oil and Gas exploration company and intends to acquire its own oil and gas properties with its future financing. The company will be able to use its own technology on its properties which makes for a great scenario for Jatets shareholders. The company is negotiating various properties that are not producing but have historical reserves. If Jatet is able to pin point drilling points then the company will be positioned to be a very large oil and gas producer in addition to having one of the best Oil and Gas exploration technology in the world.

Jatet plans to use its future 15mm Euro financing to expand even more throughout Canada and Europe specifically to be able to provide more specialized oil and gas exploration services for the major oil and gas companies. Jatet is negotiating a 15mm Euro financing. Jatet has been in contact with various investment companies that can leverage the 15mm Euro five times to be able to purchase approx 75mm worth of equipment. The capital raised will be a sufficient amount of money to move Jatet worldwide and to have all the equipment needed to operate in the intended countries. We will be able to buy all the equipment necessary to place Jatet in a perfect position to be the sole provider of oil and gas exploration service company for many major oil and gas companies.

Because of Jatet unique technology to pin point very precisely the best drilling points to extract crude oil, Jatet has also decided to expand its business to also be an oil and gas exploration company as well. With the uprising price of crude oil it makes for a very profitable scenario for Jatet. The company is looking to acquire various oil and gas properties internationally and use there technology for its own properties. The technology will be at no cost for the company and Jatet will have its highly specialized crew working on its properties.


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