SOURCE: Tenguy World International, Inc.

October 22, 2012 07:30 ET

Tenguy World International, Inc. Purchases Working Interest in Oil and Gas Properties Located in Pottawatomie County, OK

HOUSTON, TX--(Marketwire - Oct 22, 2012) - Tenguy World International, Inc. (PINKSHEETS: TGWI) reported today that the Company purchased a working interest in oil and gas properties located in Pottawatomie County, Oklahoma. 

The properties include a well that has been online for two (2) years and is being upgraded to significantly extend the producing limestone reservoir. The well produces on 40 acres from the Hunton Limestone oil bearing reservoir. In addition to the producing well, the properties also include a salt water disposal (SWD) well which is critical for environmental purposes and reducing operating costs.

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About Tenguy World International, Inc.

The Company was originally incorporated in 1923 in the state of Colorado. Tenguy World International is an independent oil and gas company engaged in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in the United States.

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