SOURCE: Blaze Energy

October 09, 2008 06:30 ET

Blaze Energy Makes Step to Become Fully Reporting Company

Blaze on Track to Advance to OTC Bulletin Board

BOISE, ID--(Marketwire - October 9, 2008) - Blaze Energy Corporation (PINKSHEETS: BLZE), a majority-owned subsidiary of Environmental Energy Services, Inc. (PINKSHEETS: EESV), announced today that upon filing Form 10-SB on August 7, 2008, it has progressed towards becoming a fully reporting company. As a reporting company, Blaze will be required to file quarterly, annual and other reports, and will be required to adhere to more rigid reporting requirements. The Company's financial and other material information will be more easily accessible to investors, providing greater transparency regarding the Company's operations. As a result of the Form 10-SB filing, the SEC will complete their regulatory review process. Once the SEC comment period is completed, Blaze intends to list on the National Association of Securities Dealers Over the Counter Bulletin Board ("OTCBB"). The National Association of Securities Dealers offers several exchanges on which a public company can be listed, all of which allow for the Company's stock to be easily accessible to most Broker Dealers.

"We look forward to having a more established trading market for our shareholders," stated A. Leon Blaser, CEO of Blaze Energy. "Blaze is taking another significant step which ultimately allows us to be traded on a larger exchange, making our stock more attainable for investors."

Blaze participates in over 45,000 gross acres of exploration and development in the Fayetteville Shale. The management team at Blaze Energy believes that the Fayetteville Shale field represents one of the most promising gas finds in the United States.

About Blaze Energy

Blaze Energy Corporation (BLZE) is a natural gas exploration and production company. Blaze Energy Corporation is primarily engaged in the Fayetteville Shale gas project in Arkansas, through working interests it owns in drilling units located in Van Buren, Cleburne and Conway counties. Blaze Energy Corporation is a majority-owned subsidiary of Environmental Energy Services, Inc. (EESV). For more information please visit www.blazeenergy.net.

This press release includes forward-looking statements as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 relating to matters such as prospects, anticipated operating and financial performance. Actual prospects and performance may differ from anticipated results due to economic conditions and other risks, uncertainties and circumstances partly or totally outside the control of the company, including risks of production variances from expectations, market volatility, the level of capital expenditures required to fund ongoing drilling initiatives and the ability of the company to execute its business strategy. These and other risks are described in the company's reports filed with the United States Securities and Exchange Commission. These forward-looking statements are made only as of the date of this communication and Blaze Energy, Corp. undertakes no obligation to update or revise these forward-looking statements.

Contact Information

  • PR Contact
    Anna Featherstone
    Blaze Energy
    1.208.287.4471
    Email Contact