Metawells Oil & Gas, Inc. Announces Merger Target South Plains Petroleum, Inc. Offers 10% Convertible Bonds to Fund Texas and Louisiana Well Development
Ronald Minsky, Chairman and CEO of Metawells Oil & Gas, Inc. (KOSK OTC Pink) is pleased to announce that merger candidate, South Plains Petroleum, Inc., (www.southplainspetroleuminc.com) is offering a new 10 percent convertible bond to fund further development of the Company's oil producing properties in the eastern Permian Basin of Texas and the development of a salt water disposal well in south Louisiana that will allow the Company to restart production from several highly productive oil and g