Fox Petroleum.- News Release

"Global Newsletter" <[email protected]> Wed, 09 Feb 2011 15:21:18 -0500
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<strong>F<span id=3D"ctl00_ContentMain_NewsText0">ox Petroleum.- </span>
News Release </strong>
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<td style=3D"font-family: Trebuchet MS; color: #000000; font-size: 11px;
padding: 10px" valign=3D"top" unselectable=3D"on">
<div>
<table style=3D"word-wrap: break-word; table-layout: fixed" border=3D"0"
cellspacing=3D"0" cellpadding=3D"0" width=3D"100%">
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<p style=3D"margin-top: 0px; margin-right: 0px; margin-bottom: 0px;
margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom:
0px; padding-left: 0px; " align=3D"center"><span style=3D"font-family: 't=
imes
new roman',times,serif; font-size: 17px"> <strong>NEWS
																RELEASE</strong></span></p>
<p style=3D"margin: 0px; padding: 0px"><span style=3D"font-family: 'times=
 new
roman',times,serif; font-size: 12px"> &nbsp;</span></p>
<p style=3D"margin: 0px; padding: 0px"><span style=3D"font-family: 'times=
 new
roman',times,serif; font-size: 12px"> <span style=3D"font-size: 13px"> Fe=
b,
																2011&nbsp;&nbsp;&nbsp;&nbsp;</span>&nbsp;&nbsp;&nbsp;&nbs=
p;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp=
;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;=
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&=
nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&n=
bsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nb=
sp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbs=
p;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp=
;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<span
style=3D"font-size: 13px">Trading  																Symbol:
FXPT=EF=BF=BDOTCPK</span></span></p>
<p style=3D"margin: 0px; padding: 0px"><span style=3D"font-family: 'times=
 new
roman',times,serif; font-size: 13px">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&=
nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&n=
bsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nb=
sp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbs=
p;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp=
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bsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nb=
sp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</span></p>
<p style=3D"margin: 0px; padding: 0px"><span style=3D"font-family: 'times=
 new
roman',times,serif; font-size: 13px"> &nbsp;</span><span
id=3D"ctl00_ContentMain_NewsSubject0"><strong><font size=3D"4">
</font></strong> </span> <span id=3D"ctl00_ContentMain_NewsText"> <font
style=3D"font-family: Verdana,Geneva,Arial,Helvetica,sans-serif;
font-weight:700" size=3D"4" face=3D"Verdana,Geneva,Arial,Helvetica,sans-s=
erif"
color=3D"#FF0000"> <img border=3D"0"
src=3D"http://bigcharts.marketwatch.com/charts/big.chart?symb=3Dfxpt&amp;=
compidx=3Daaaaa:0&amp;ma=3D0&amp;maval=3D9&amp;uf=3D0&amp;lf=3D1&amp;lf2=3D=
0&amp;lf3=3D0&amp;type=3D2&amp;size=3D2&amp;state=3D8&amp;sid=3D3172594&a=
mp;style=3D320&amp;time=3D8&amp;freq=3D1&amp;nosettings=3D1&amp;rand=3D78=
51&amp;mocktick=3D1&amp;rand=3D6822"
width=3D"579" height=3D"335" /></font></span></p>
<span id=3D"ctl00_ContentMain_NewsSubject"> <form id=3D"aspnetForm"
onkeypress=3D"javascript:return WebForm_FireDefaultButton(event,
'ctl00_GoButton')" method=3D"post" name=3D"aspnetForm"
action=3D"http://www.stockwatch.com/News/Item.aspx?bid=3DU-i0716276-U%3aF=
XPT-20110203&amp;symbol=3DFXPT&amp;region=3DU">
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<table style=3D"width: 699px;" border=3D"0" cellspacing=3D"0" cellpadding=
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<tr>
<td style=3D"width: 100%;" valign=3D"top"><span
id=3D"ctl00_ContentMain_NewsSubject2"><font size=3D"5">Fox Petroleum Outl=
ines
Oil and Natural Gas Acquisition Program</font></span><span
id=3D"ctl00_ContentMain_NewsText1">
<p><font size=3D"2">NEW YORK, NY -- (MARKET WIRE) -- 02/03/11</font></p>
<font size=3D"2"><img
src=3D"http://at.marketwire.com/accesstracking/AccessTrackingLogServlet?P=
rId=3D716276&amp;ProfileId=3D051205&amp;sourceType=3D1"
width=3D"1" height=3D"1" />Fox Petroleum Inc. (PINKSHEETS: FXPT) announce=
d
today that the company intends a modest acquisition program of proven and
behind pipe oil and natural gas assets. The company intends within twelve
months to have 10 to 15 billion cubic feet of oil and natural gas under
reserve. </font>
<p><font size=3D"2">"With the current economic recovery moving forward
slowly, some significant oil and natural gas opportunities have become
available with smaller and midsized operators being capital constrained d=
ue
to lower gas prices, and high levels of leveraging with senior debt," sai=
d
William Lieberman, President of Fox Petroleum </font></p>
<p><font size=3D"2">The company is currently under negotiations with four
separate transactions to acquire, develop and operate midsized on shore
North American assets. The accumulation of the asset base should take pla=
ce
over the next three to six months and development commence in early summe=
r
2011. The company is currently using strict criterion for asset selection.
</font></p>
<p><font size=3D"2">Lieberman added, "Canadian oil sands projects are at =
the
top of our list as the United States will continue to rely on stable
sources of supply. Oil and natural gas assets currently in Chapter 11 and
projects with distressed opportunities located in Canada and within the
United States are becoming very attractive for investment." </font></p>
<p><font size=3D"2">In addition to creating new partnerships focused on o=
il
and natural gas assets, the company is aggressively seeking additional
acquisition targets in the plastics recycling market place to increase it=
s
processing capacity and the company is currently speaking to Fortune 500
companies in the automotive and beverage industries to process plastic
waste streams and fulfill circular recycling streams. The company intends
to have its first PCAOB audit filed within two weeks. </font></p>
<p><font size=3D"2">About Fox Petroleum Inc. (PINKSHEETS: FXPT) </font><a
class=3D"inline"
href=3D"http://mail.globalnewsletter.com/link.php?M=3D1224458&N=3D82&L=3D=
58&F=3DH"><font
size=3D"2">www.foxpetro.net</font></a></p>
<p><font size=3D"2">Fox Petroleum Inc is focused on acquiring, developing
and operating plastic recycling operations throughout North America. The
company is currently expanding its Oil and Natural gas portfolios. With a
focus on plastic waste compounds and the aggregating of plastic scrap
products for manufactures. Fox Petroleum's goal is to become an important
partner for leading recycling companies who need proficient services. The
company expects its Canadian subsidiary which will become carbon neutral
will process up to 30 Million pounds of post industrial and post consumer
scrap plastics per year with revenues approaching Five million dollars pe=
r
year at these processing levels. Fox Petroleum is aggressively seeking
additional acquisition targets in the plastics recycling market place to
increase its processing capacity and the company is currently speaking to
Fortune 500 companies in the automotive and beverage industries to proces=
s
plastic waste streams and fulfill circular recycling streams </font></p>
<p><font size=3D"2">Forward-Looking Statements <br /> This press release =
may
contain certain forward-looking statements within the meaning of Section
27A of the Securities and Exchange Act of 1933, as amended, and Section 2=
1E
of the Securities and Exchange Act of 1934, as amended, and such Forward
Looking Statements are intended to be covered by the safe harbors created
thereby. Investors are cautioned that all forward-looking statements
involve risks and uncertainties. All statements other than statements of
historical fact in this announcement are forward-looking statements,
including but not limited to the viability of the company's business plan=
s,
the effect of acquisitions on our profitability, the effectiveness,
profitability, and the marketability of the Company's products; the
Company's ability to protect its proprietary information; general economi=
c
and business conditions; the volatility of the company's operating result=
s
and financial condition; and other risks detailed in the Company's filing=
s
with the Securities and Exchange Commission. </font></p>
<p><font size=3D"2">These forward-looking statements involve known and
unknown risks and uncertainties and are based on current expectations,
assumptions, estimates and projections about the company and the industry.
The Company undertakes no obligation to update forward-looking statements
to reflect subsequent occurring events or circumstances, or to changes in
its expectations, except as may be required by law. Although the company
believes that the expectations expressed in these forward-looking
statements are reasonable, management cannot assure the public that their
expectations will turn out to be correct, and investors are cautioned tha=
t
actual results may differ materially from the anticipated results.
</font></p>
<p>&nbsp;</p>
<p><font size=3D"2">Contact:<br /> Samantha Rockton<br />
Phone:<!--?XML:NAMESPACE PREFIX =3D SKYPE  /--></font><skype:span
id=3D"softomate_v3_highlight_0" class=3D"skype_v3_tb_injection" title=3D"=
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id=3D"skype_v3_tb_innerText0" class=3D"skype_v3_tb_innerText"><font
size=3D"2">&nbsp;&nbsp;(212)&nbsp;560-5195&nbsp;</font></skype:span></sky=
pe:span><skype:span
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r />
Email: <a class=3D"inline"
href=3D"mailto:[email protected]">[email protected]</a><br /> Web: <a
class=3D"inline"
href=3D"http://mail.globalnewsletter.com/link.php?M=3D1224458&N=3D82&L=3D=
58&F=3DH">www.foxpetro.net</a><br
/> </font></p>
<p>&nbsp;</p>
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<p>&nbsp;</p>
<p><strong> <font size=3D"5"> Fox Petroleum to  																Create Oi=
l
and  																Gas Joint  																Venture
																Partnerships</font></strong></p>
</span>
<p>NEW YORK, NY  																-- (MARKET WIRE)  																--
01/31/11</p>
<img
src=3D"http://at.marketwire.com/accesstracking/AccessTrackingLogServlet?P=
rId=3D714277&amp;ProfileId=3D051205&amp;sourceType=3D1"
width=3D"1" height=3D"1" />Fox  																Petroleum Inc. (PINKSHEET=
S:
																FXPT) announced  																today that it is
																actively seeking  																joint venture
																partners for the  																development of
																oil and natural  																gas assets.
<p>The company  																currently is  																speaking
with  																potential  																acquisitions
																targets to  																acquire, develop
																and operate mid  																sized on shore
																US assets. The  																accumulation of
																the asset base  																should take
																place over the  																next three
																months and  																development
																commence in  																early summer
																2011. The  																company is
																currently using  																strict criterion
																for asset  																selection.</p>
<p>"We are  																looking for  																assets that are
																simple  																geologically and
																geophysically to  																understand, that
																are close to or  																within
																reasonable  																distance of
																pipelines and  																associated
																infrastructure  																and we are not
																looking for  																stranded
																assets," said  																William
																Lieberman,  																President of Fox
																Petroleum. "We  																believe that as
																the global  																economy improves
																and as trouble  																in the Middle
																East continues  																that commodity
																prices including  																the price of oil
																will skyrocket  																and it is a
																market that we  																do not want to
																miss out on. In  																the next three
																years we will  																see One Hundred
																and Fifty dollar  																oil," he added.</p>
<p>The company  																is currently  																focused on
																projects based  																in Michigan,
																Texas,  																Louisiana, and  																i=
s
looking  																actively at  																offshore.</p>
<p>In addition  																to creating new
																partnerships  																focused on oil
																and natural gas  																assets, the
																company is  																aggressively
																seeking  																additional
																acquisition  																targets in the
																plastics  																recycling market
																place to  																increase its
																processing  																capacity and the
																company is  																currently
																speaking to  																Fortune 500
																companies in the  																automotive and
																beverage  																industries to
																process plastic  																waste streams
																and fulfill  																circular
																recycling  																streams.</p>
<p>About Fox  																Petroleum Inc. (PINKSHEETS:
																FXPT) 																<a class=3D"inline"
href=3D"http://mail.globalnewsletter.com/link.php?M=3D1224458&N=3D82&L=3D=
58&F=3DH">
www.foxpetro.net</a></p>
<p>Fox Petroleum  																Inc is focused  																on
acquiring,  																developing and  																operating
																plastic  																recycling
																operations  																throughout North
																America. The  																company is
																currently  																expanding its
																Oil and Natural  																gas portfolios.
																With a focus on  																plastic waste
																compounds and  																the aggregating
																of plastic scrap  																products for
																manufactures.  																Fox Petroleum's
																goal is to  																become an
																important  																partner for
																leading  																recycling
																companies who  																need proficient
																services. The  																company expects
																its Canadian  																subsidiary which
																will become  																carbon neutral
																will process up  																to 30 Million
																pounds of post  																industrial and
																post consumer  																scrap plastics
																per year with  																revenues
																approaching Five  																million dollars
																per year at  																these processing
																levels. Fox  																Petroleum is
																aggressively  																seeking
																additional  																acquisition
																targets in the  																plastics
																recycling market  																place to
																increase its  																processing
																capacity and the  																company is
																currently  																speaking to
																Fortune 500  																companies in the
																automotive and  																beverage
																industries to  																process plastic
																waste streams  																and fulfill
																circular  																recycling
																streams.</p>
<p>Forward-Looking  																Statements</p>
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