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Recent News/Press Releases
January 9th, 2008
JayHawk Energy, Inc. Announces Hiring of New Vice President
of Operations
Broomfield, CO.—(BUSINESS WIRE)—January
9, 2008—JayHawk Energy, Inc (OTCBB: JYHW; News “JayHawk”)
announces the hiring of Darren Schoenroth as Vice President of Operations
and provide an update on the company. www.jayhawkenergy.com.
Lindsay Gorrill, President & CEO of JayHawk Energy, stated, “I
am pleased to announce the hiring of Darren Schoenroth as Vice President
of Operations.” Gorrill added, “that this hiring could not
have come at a more opportune time and having someone of Mr. Schoenroth’
s caliber join the team to spearhead our production through acquisitions
is very exciting.”
Mr. Schoenroth has over 20 years of experience in the oil and gas industry.
He brings to JayHawk a proven successful track record of identifying,
bringing on and successfully increasing oil & gas production. His
expertise is in optimization; stimulations, production enhancement,
secondary recoveries, horizontal and slant well bore experience.
JayHawk continues to pursue its strategy of increasing shareholder value
through strategic acquisitions, drilling and development and by prudently
managing its balance sheet. We are focused on the utilization and optimization
of our Uniontown project through the drill bit and the acquisition of
what JayHawk believes to be underdeveloped light crude opportunities
with production optimization potential and new exploration targets.
Cautionary Note to U.S. Investors -- The United States Securities and
Exchange Commission permits oil and gas companies, in their filings
with the SEC, to disclose only proved reserves that a company has demonstrated
by actual production or conclusive formation tests to be economically
and legally producible under existing economic and operating conditions.
We use certain terms in this press release, such as probable, possible
and potential, that the SEC's guidelines strictly prohibit us from including
in filings with the SEC. U.S. Examples of such disclosures would be
statements regarding "probable," "possible," or
"recoverable" reserves among others.
Management hopes these transactions will bring additional value to the
shareholders of JayHawk Energy. There is no guarantee that the projects
that JayHawk has recently acquired will increase the value of its shares
of common stock, or that JayHawk will acquire rights to explore and
operate any other such projects, or that in the event that it acquires
rights to explore and operate other such projects, that these actions
will be successful or increase the value of JayHawk’s common stock.
This press release may contain forward-looking information within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934, and is subject to the safe harbor
created by those sections. There are many factors that could cause our
expectations and beliefs about our plans to acquire additional exploration
or production properties, our plans to drill or our drilling results
to fail to materialize: competition for new acquisitions; availability
of capital; unfavorable geologic conditions; the complexity of coal
bed methane exploration and production; and prevailing prices for natural
gas and general regional economic conditions. JayHawk assumes no obligation
to update the information contained in this press release.
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About JayHawk Energy
JayHawk combines an experienced management team with exploration targets
focusing on coal bed methane, shallow gas and oil and gas potential.
In April 2007, the Company discontinued operations related to the jewelry
business, and established plans to acquire oil and gas properties for
exploration and development with the intent to bring the projects to
feasibility, at which time, the Company intends to either contract out
the operations or joint venture the project to qualified interested
parties.
Cautionary Note to U.S. Investors --
The United States Securities and Exchange Commission permits oil and
gas companies, in their filings with the SEC, to disclose only proved
reserves that a company has demonstrated by actual production or conclusive
formation tests to be economically and legally producible under existing
economic and operating conditions. We use certain terms in this press
release, such as probable, possible and potential, that the SEC's guidelines
strictly prohibit us from including in filings with the SEC. U.S. Examples
of such disclosures would be statements regarding "probable,"
"possible," or "recoverable" reserves among others.
Management hopes these transactions will bring additional value to the
shareholders of JayHawk Energy. There is no guarantee that the projects
that JayHawk has recently acquired will increase the value of its shares
of common stock, or that JayHawk will acquire rights to explore and
operate any other such projects, or that in the event that it acquires
rights to explore and operate other such projects, that these actions
will be successful or increase the value of JayHawk’s common stock.
This press release may contain forward-looking information within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934, and is subject to the safe harbor
created by those sections. There are many factors that could cause our
expectations and beliefs about our plans to acquire additional exploration
or production properties, our plans to drill or our drilling results
to fail to materialize: competition for new acquisitions; availability
of capital; unfavorable geologic conditions; the complexity of coal
bed methane exploration and production; and prevailing prices for natural
gas and general regional economic conditions. JayHawk assumes no obligation
to update the information contained in this press release.
Contact:
Lindsay E. Gorrill, President & CEO
Joseph B. Young, CFO
303-327-1571
877-321-HAWK
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