SOURCE: Paco Integrated Energy Inc.

August 26, 2009 11:46 ET

Paco Integrated Energy Inc. Introduces New CEO; Relocates Head Offices

DALLAS, TX--(Marketwire - August 26, 2009) - Paco Integrated Energy Inc. (PINKSHEETS: PACO) (FRANKFURT: 4IP1), an exploration company focused on purchasing under valued oil and gas leases, has recently appointed Mr. George Hammer as the company's new President and CEO as part of the corporations restructuring initiative.

In addition the company has moved their head offices to:

                          17304 Preston Road
                              Suite 800
                         Dallas, Texas, 75252
                       Telephone: 972-415-2053
                          Fax: 972-733-6801

Mr. Hammer is in the process of assessing the company's current and past operations and assets and will provide a corporate update once his assessment is concluded via press release or on the company website at

About Paco Integrated Energy Inc.

PACO Integrated Energy Inc. is an exploration company focused on purchasing under valued oil and gas leases with little or no production in the United States. Its experienced technical team then increases the leases production thereby significantly increasing the value. PACO concentrates its efforts developing under valued well communities into micro scale production facilities. Paco will acquire oil and gas asset with proven past production history and proven reserves behind pipe to minimize initial investment risk.

Paco will further build a comprehensive network of oil and gas professionals to be part of the team to evaluate future investment, and divestment projects and ongoing focus on low cost efficient operations.

These working assets have all been refurbished and outfitted with the latest in oil recovery equipment. Since many of these assets are shallow wells, former owners were technically unable to reach deeper deposits. PACO has the technical team to go further and more efficiently.

Forward-Looking Statements

Statements in this press release relating to plans, strategies, economic performance and trends, projections of results of specific activities or investments, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors, which include but are not limited to, risk factors inherent in doing business. Forward-looking statements may be identified by terms such as "may," "will," "should," "could," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "forecasts," "potential," or "continue," or similar terms or the negative of these terms. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. The company has no obligation to update these forward-looking statements.

Contact Information