SOURCE: Panther Energy

Panther Energy

July 31, 2014 08:30 ET

Innocent Inc. Announces Name Change to Panther Energy

FT. WORTH, TX--(Marketwired - Jul 31, 2014) - Panther Energy (OTC: INCT) (the "Company"), a development stage oil and gas exploration and production company, is pleased to announce that it has filed for a corporate name change.

The company is changing its corporate name from Innocent Inc. to Panther Energy. The new name is in line with the company's focus on the oil and gas sector. A new logo introducing the Panther Energy brand can be found attached to this press release.

"Just as we have added several important industry leaders to our advisory board, the name change is part of our overall strategy to grow a successful E&P energy company. Our company will continue to operate in its current structure, but we will be using new email addresses with the new PantherEnergyInc.com web domain to reflect and strengthen the Panther Energy brand. The Innocent Inc. website will soon be taken down and prior e-mail addresses will be forwarded to our new Panther Energy email addresses," stated CEO Patrick Johnson.

New email addresses will be in the format of FirstInitialLastName@PantherEnergyInc.com.

About Panther Energy Inc.

Panther Energy is a development stage oil and gas exploration and production company focused on developing properties in North America. Panther Energy plans to minimize the risk of exploration through development of proved petroleum reserves, and expects to maximize profit through strategic acquisition and liquidation of selected oil and gas properties. Panther Energy will focus on acquiring low risk, high upside properties coupled with substantial exploration potential. Through improvements in oil and gas production technologies, Panther seeks to rapidly increase production levels and generate predictable, sustainable value. Adhering to a narrow, clearly defined strategy, the company focused on 100% acquisitions and joint ventures to maximize our production capacity.

For more information, visit www.PantherEnergyInc.com.

SAFE HARBOR

This press release contains forward-looking statements regarding future events and our future results that are subject to the safe harbors created under the Securities Act of 1933 (the "Securities Act") and the Securities Exchange Act of 1934 (the "Exchange Act"). All statements other than statements of historical facts included in this report regarding our financial position, business strategy, plans and objectives of management for future operations, industry conditions, and indebtedness covenant compliance are forward-looking statements. When used in this report, forward-looking statements are generally accompanied by terms or phrases such as "estimate," "project," "predict," "believe," "expect," "anticipate," "target," "plan," "intend," "seek," "goal," "will," "should," "may" or other words and similar expressions that convey the uncertainty of future events or outcomes. Items contemplating or making assumptions about, actual or potential future sales, market size, collaborations, and trends or operating results also constitute such forward-looking statements.

Forward-looking statements involve inherent risks and uncertainties, and important factors (many of which are beyond our company's control) that could cause actual results to differ materially from those set forth in the forward-looking statements, including the following: oil and gas prices, general economic or industry conditions, nationally and/or in the communities in which our company conducts business, changes in the interest rate environment, legislation or regulatory requirements, conditions of the securities markets, our access to capital, changes in accounting principles, policies or guidelines, financial or political instability, acts of war or terrorism, and other economic, competitive, governmental, regulatory and technical factors affecting our company's operations, products, services and prices.

We have based these forward-looking statements on our current expectations and assumptions about future events. While our management considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks, contingencies and uncertainties, most of which are difficult to predict and many of which are beyond our control.

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