SOURCE: Xtreme Oil and Gas

Xtreme Oil and Gas

October 11, 2011 08:30 ET

Xtreme Oil & Gas Retains Alliance Advisors Investor Relations Firm

PLANO, TX--(Marketwire - Oct 11, 2011) - Xtreme Oil & Gas, Inc. (OTCQB: XTOG) (OTCBB: XTOG), an independent energy company engaged in the exploration, development, acquisition, and production of crude oil and natural gas, has retained Alliance Advisors, LLC to provide strategic investor relations services in the United States. Alliance Advisors will assist the Company in broadening its presence in the financial markets while helping investors gain a better understanding of the Company's compelling investment opportunity. The Alliance Advisors' team will advise the Company in all facets of corporate and financial communications.

"After careful consideration, we are pleased to have selected Alliance Advisors as our investor relations counsel and look forward to working together with their team. Alliance Advisors has a proven track record of representing successful U.S. publicly listed companies and we are confident that together with Alliance Advisors, we will effectively communicate our business model, growth strategy and value proposition to the investment community," stated Willard G. McAndrew III, CEO of Xtreme Oil and Gas. "Having recently achieved several key operational milestones, we believe now is the ideal time to proactively engage the Wall Street community. We look forward to increasing our exposure to investors while expanding our shareholder base as we strive to improve shareholder value."

"As the only publicly traded salt water disposal Company, Xtreme Oil & Gas presents a unique investment opportunity to the global investment community," commented Alan Sheinwald, founder and president of Alliance Advisors. "Management's ability to close a $2.2 Million financing with the help of du Pasquier, while building a $7 million backlog for the saltwater disposal business, provides a compelling story to tell to our investor audience. Alliance Advisors looks forward to helping management build shareholder value."

Xtreme Oil & Gas
Xtreme Oil & Gas, Inc. is a rapidly growing Dallas-based independent energy company engaged in the exploration, development, acquisition, and production of crude oil and natural gas with operations producing oil and gas from properties it owns and operates in Texas and Oklahoma.

Forward-Looking Statements
Statements included in this release related to Xtreme Oil & Gas, Inc. constitute or may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve a number of risks and uncertainties such as the inherent uncertainty of finding and developing oil and gas properties, the technological and financial difficulties inherent in these activities, the price of hydrocarbons and the Company's ability to estimate accurately net revenues due to variability in size, scope and duration of projects. Further information on potential risk factors that could affect the Company's financial results can be found in the Company's reports filed with the Securities and Exchange Commission.

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