Northeast Automotive To Enter Montana Project

 
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January 25, 2012

Companies in this story

  • Northeast Automotive Holdings Inc.
  • Uniontown Energy Inc.

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Northeast Automotive Holdings Inc., New York, (OTCBB: NEAU) plans to acquire certain portions of the New Miami oil project in Montana from Uniontown Energy Inc., Vancouver, (OTCBB: UTOG) for an undisclosed price.

New Miami oil field contains 1,480 acres near the Bakken shale formation and includes the New Miami #40-20H well, anticipated for near stage oil production. It is projected that a total of 17 horizontal wells can be drilled on the property.

At closing, Northeast Automotive will change its name to Strategy Oil to reflect its new business plan ...


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