SOURCE: Petrolium Oil Alliance

November 19, 2008 07:10 ET

Petrolium Oil Alliance Inc. Opens New Offices in Riyadh, Kingdom of Saudi Arabia

DUBAI, UAE--(Marketwire - November 19, 2008) - Petrolium Oil Alliance Inc. announced it has opened new offices for the company and its U.S. subsidiary PetrOil Inc. formerly CybeRecord, Inc. (PINKSHEETS: CYRD), at King Fahad Road, Oroba Center Suite 4042, Riyadh, Kingdom of Saudi Arabia, Telephone: +966553020240. The action was taken as a result of a meeting held on November 1, 2008 at the Kingdom Center adjacent the new office site regarding the facilitation and expansion of business in the Middle East and Africa. In attendance were H.R.H. PRINCE ABDULAH BIN ABDULAZIZ AL SAOUD Chairman of Petrolium Oil Alliance Inc., Wadah Richad Kilani President and others.

Petrolium Oil Alliance Inc. is an IBC with its representation office in Dubai, U.A.E. specializing in oil distribution and other related petroleum, gas and energy industries.

Legal Notice Regarding Forward-Looking Statements:

The above news release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performances, and are subject to a wide range of business risks, external factors and uncertainties. Actual results may differ materially from those indicated by such forward-looking statements. The Company assumes no obligation to update the information contained in this press release, whether as a result of new information, future events, or otherwise.

Contact Information

  • CONTACT:
    Petrolium Oil Alliance, Inc.
    Marcel Diab
    Administrative Services
    Tel: +971 4 509 6717