SOURCE: WW Energy Inc.

December 10, 2007 07:00 ET

WW Energy Inc. Subsidiary, WW Trucking, Expands Fleet, Increases Revenue

FARMINGTON, NM--(Marketwire - December 10, 2007) - WW Energy Inc. (PINKSHEETS: WWNG), a holding company that was created to acquire oil and gas service companies as well as oil and gas-related assets, announced today that WW Trucking, a division of WW Energy Inc., has increased its fleet by 35%. WW Trucking has added an additional 7 trucks, increasing its fleet from 17 to a current total of 24 trucks as of December 2007. WW Trucking transports production water to disposal wells, and fresh water to the well sites for drilling and completion. The trucking division is a consistent performer and the Company expects total revenue to exceed $3 million from the calendar year of 2006 to 2007. The Company recently took delivery of 6 new trucks from the Kenmore factory as demand for trucking services continues to escalate. Contract trucking, along with oil and gas exploration, continues to grow, in particular in the San Juan basin, including New Mexico, Colorado, Arizona and Utah. WW Energy will evaluate the need for additional transportation acquisitions in 2008.

WW Energy Inc. is a holding company that was created to acquire oil and gas service companies as well as oil and gas-related assets.

WW Trucking Inc., formed in 1999, is a leading oil and gas services company for the oil field services industry in Utah, Colorado, New Mexico and Arizona (The Four Corners Area). Their existing business operations are in transporting production water for oil drilling/exploration and waste water for disposal. They also provide services for heavy hauling of drilling and well equipment needed in the oil and gas production and exploration industry.

Forward-looking statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are forward-looking statements are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties, or other factors which may cause actual results, performance, or achievements of the company to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels. All information in this release is as of the date of this release. The company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.

Contact Information

  • Contact:
    WW Energy Inc.
    Olin Glover