SOURCE: Tenguy World International, Inc.

December 18, 2012 07:58 ET

Tenguy World International, Inc. (TGWI) Provides Shareholder Update

HOUSTON, TX--(Marketwire - Dec 18, 2012) - Tenguy World International, Inc. (PINKSHEETS: TGWI) provided an update today to its shareholders on its current investments and growth strategy. 

The Company reported that its current investments are on track according to projections and schedules. The Company has invested in 8 producing wells, one new well and one salt water disposal well all located in Oklahoma. 

The Company's growth strategy for 2013 is to broaden its scope into other regions with an immediate focus on Texas opportunities. In additions to investments, the Company is also looking at potential acquisitions and partnerships that will further solidify it as a key player in the oil and gas industry. 

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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