Attached files
| file | filename |
|---|---|
| 8-K - CURRENT REPORT - Stratex Oil & Gas Holdings, Inc. | f8k120114_stratexoil.htm |
| EX-10.1 - EMPLOYMENT AGREEMENT - Stratex Oil & Gas Holdings, Inc. | f8k120114ex10i_stratexoil.htm |
| EX-99.2 - PRESS RELEASE - Stratex Oil & Gas Holdings, Inc. | f8k120114ex99ii_stratexoil.htm |
Exhibit 99.1
STRATEX OIL & GAS HOLDINGS, INC. COMPLETES ACQUISITION OF RICHFIELD OIL & GAS COMPANY
FOR IMMEDIATE RELEASE
SALT LAKE CITY, UT-- (Marketwired) --12/1/14 – Stratex Oil & Gas Holdings, Inc. (OTCQB: STTX) ("Stratex" or the "Company") and Richfield Oil & Gas Company (“Richfield”) today announced the successful completion of the previously announced merger of a wholly owned subsidiary of Stratex with and into Richfield. Richfield survived the merger and is now a wholly owned subsidiary of Stratex. The merger was approved by Richfield’s stockholders at a special meeting held on November 24, 2014.
Effective with the opening of the market today, Richfield ceased to be a publicly traded company and its shares of common stock ceased to be quoted for trading on the OTCQX.
As a result of the merger, each share of Richfield common stock now represents the right to receive one share of Stratex common stock.
Stratex intends to make a further announcement with respect to the merger later this week.
Investor Relations Contact
Derek Gradwell
SVP Natural Resources
MZ Group North America
Phone: 512-270-6990
Email: dgradwell@mzgroup.us
Web: www.mzgroup.us