Eagle Oil Holding Company, Inc. (EGOH: OTC Pink Limited) | Eagle Oil Holding Company (OTC:EGOH) acquires the Frank Farm lease in Venango County, Pennsylvania

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Eagle Oil Holding Company (OTC:EGOH) acquires the Frank Farm lease in Venango County, Pennsylvania

Jul 22, 2013

OTC Disclosure & News Service

Reno, NV -

Connie Helwig, sole director of Eagle Oil Holding Company, is pleased to announce that, simultaneously with her appointment as a director of the corporation, Ms. Helwig orchestrated, on Eagle's behalf, the purchase of the Frank Farm lease from Drake Gold Resources Inc (OTC:DKGR) as a replacement for the Siler Lease that it no longer owns. A combination of restricted stock and a convertible note were given as consideration for the lease in addition to Eagle Oil being bound by the terms that Drake Gold originally entered into for the purchase of the lease with the previous lease owner.

The lease holds 12 wells on 50 acres. Eagle Oil's intention is to rework the 12 wells and drill additional wells.

Ms. Helwig states the following, "I look forward to developing the lease in its entirety to the benefit of all shareholders. Our website will soon reflect this asset."

More news releases will be forthcoming.

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Forward- Looking Statements

Safe Harbor Statement: This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by Eagle Oil Holding Co. are ?forward-looking statements? within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the Company's expectations include, but are not limited to, those factors that are disclosed under the heading "Risk Factors" and elsewhere in documents filed by the Company from time to time with the United States Securities and Exchange Commission.

Contact Information:

?eagleoilholdingcompany@gmail.com

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The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

Source: http://www.otcmarkets.com/stock/EGOH/news?id=66244

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