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Fox Petroleum Inc. Enlists Consultant for Permitting of Two Catcher's Mitt Prospect Wells in the Cook Inlet, Alaska.

Publication: Business Wire
Publication Date: 15-APR-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
LONDON -- Fox Petroleum Inc. (OTCBB: FXPE) (hereafter the "Fox" or the "Company") is pleased to announce the addition of Bruce Webb as a consultant enlisted to arrange the permitting of two wells on the Catcher's Mitt prospect in Alaska's Cook Inlet. Upon permit approval, the Company plans to drill the two wells during this upcoming winter season. In consideration of the various consulting services to be provided by Mr. Webb to Fox, we agreed to pay Mr. Webb a non refundable fee of US$20,000 and issue 50,000 pre-split restricted shares of the Company's common stock upon receipt of the permitting to drill the above noted gas wells.

"Fox is eager to utilize Mr. Webb's localized knowledge and experience to permit these two wells," said Richard Moore, CEO and director of Fox. "His influence is expected to further enhance Fox's intentions to bring our winter...

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