EWING, N.J., Nov. 21 /PRNewswire-FirstCall/ -- Warrior Girl Corp (Pink Sheets: WRGL) is pleased to announce that it has signed a Letter of Intent with American Resources Petroleum Corporation (ARPC) to acquire a full license for ARPC's oil sand and oil shale extraction process. In addition to the license, Warrior Girl is obtaining leases to tar sand locations in Utah's Uinta Basin with proven recoverable oil reserves in excess of 50 million barrels. These deposits and the surrounding lands in eastern Utah are the most accessible and highest grade oil sands deposits in the world. The Company's extraction process is one of the most advanced recovery systems for oil sand and oil shale extraction. More than 50 tar sands deposits are found in eastern Utah, containing an estimated 12 to 19 billion barrels of oil.
The Company will use extraction technology that will yield more than 99% of the available oil present in the tar sands in a process that is economical and environment friendly. There is no exploration risk involved and no decline curve: a completely different business model from the conventional oil producer. The extracted oil will be sold to refineries throughout the Intermountain West. The left over sand is oil free, and suitable for sale as a premium construction material, for use as backfill or for a number of other commercial purposes.
ABOUT WARRIOR GIRL CORP: The company is dedicated to helping achieve effective energy independence for the United States beginning with the development and deployment of alternative energy technologies in the hydropower and tar-sand and shale (oil) extractive sectors. The company plans to position itself at the forefront of these exciting and still emerging industries. http://www.wrgl.net
ABOUT ARPC: American Resource Petroleum Corporation is a privately held producer, developer and distributor of products derived from tar sands. The company's products are used in a wide variety of oil compounds and fuels. The management team of American Resource Petroleum Corporation has more than 100 years of combined experience in the tar sands and oil industry. http://www.amrpco.com
SAFE HARBOR: Included in this release are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such events will materialize. The company's actual results could differ materially from those anticipated in the forward-looking statements.
SOURCE Warrior Girl Corp
For further information: Caroline Seymour-Jones for Warrior Girl Corp, +1-305-607-9518
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