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NEWLANDS OIL & GAS INC.
#300 - 750 West Pender Street
Vancouver, BC V6C 2T7
August 18, 2000
OTCBB Symbol: NWOG
Newlands Oil & Gas Inc. ("the Company") announces that it
will not be proceeding with the Travis oil and gas property
located in Solano County, California. The Company is
presently exploring and negotiating new business
opportunities in a field other than oil & gas exploration
and development.
Further, the Company announces that Allen Sewell has
resigned as President, Treasurer and Director of the
Company, and Graeme Sewell has been appointed interim
President.
For further information contact:
Tel: (604) 689-1180
Toll Free: 888-733-7753
[email protected]
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BY ORDER OF THE BOARD OF DIRECTORS
/s/ Graeme Sewell
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Graeme Sewell
President
This Press Release contains forward-looking statements,
other than historical facts, which reflect the view of
Company's management with respect to future events. Such
forward-looking statements reflect the current views of the
Company's management and are made on the basis of
information currently available to the Company's management.
Although management believes that its expectations are
reasonable, it can give no assurance that such expectations
will prove to be correct. The forward-looking statements
contained herein are subject to these factors and other
risks, uncertainties and assumptions relating to the
operations, results of operations and financial position of
the Company. The Company assumes no obligation to update the
forward-looking statements or to update the reasons why
actual results could differ from those contemplated by the
forward-looking statements.
