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SID International and Angeltouch Petroleum Announce New Joint Venture - SID International, Inc. announces an alternative energy development joint venture partnership with Angeltouch Petroleum & Refining, Inc. with assistance from Mutual Law Firm, Ferguson Davis, P.C
SID International and Angeltouch Petroleum Announce New Joint Venture

 

PRZOOM - /newswire/ - Corpus Christi, TX, United States, 2009/09/16 - SID International, Inc. announces an alternative energy development joint venture partnership with Angeltouch Petroleum & Refining, Inc. with assistance from Mutual Law Firm, Ferguson Davis, P.C.

   
 
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Ferguson Davis, P.C., a law firm specializing in commercial transactions and financing for its clients, recognized the potential positive relationship that could result in bringing together two of their clients: SID International, Inc. and Angeltouch Petroleum & Refining, Inc.

Angeltouch Petroleum and its C.E.O. Brian A. Dupree bring over 15 years of asset management and project financing experience. Angeltouch chose to partner with SID due to the strength and experience SID brings to the alternative energy industry. The unique strengths of Angeltouch and SID come together in a joint venture relationship that will provide SID with significant financial backing to bring its alternative energy projects into production and Angeltouch with a significant opportunity to utilize its project finance and asset management expertise to facilitate the financing and construction of the SID projects.

Both Angeltouch and SID recognize that alternative energy is an important component for current and future power generation needs. The joint venture partners plan to utilize their expertise in a number of planned projects within the State of Texas and in other countries around the world. Dewey Vaughn, President of SID, said “There is a genuine need for alternative energy projects everywhere in the world. These projects can reduce dependence on fossil fuels from foreign sources, reduce carbon emissions and help the U.S. and developing countries to become energy independent, thereby improving the quality of life for millions of people around the world. We are very pleased to join forces with Angeltouch in several of our planned projects.”

SID International, Inc. (swdemand.com) is a Texas corporation engaged in the design, construction, management and operation of alternative energy projects. Angeltouch Petroleum & Refining, Inc. is a Georgia corporation engaged in asset management, project finance and consulting for energy projects and transactions around the globe.

 
 
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Agency / Source: SID International, Inc.

 
 

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SID International and Angeltouch Petroleum Announce New Joint Venture

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Contact: Aaron Dyess - SWDemand.com 
361-949-7770 adyess[.]swdemand.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any SID International, Inc. securities in any jurisdiction including any other companies listed or named in this release.

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