HOUSTON, TX — (Marketwire) — 03/20/12 — Adino Energy Corporation (OTCBB: ADNY) (OTCQB: ADNY), an emerging company (E&P) concentrated in the Permian Basin in , announced plans to develop a comprehensive investor relations program to raise visibility and strengthen its relationships with the investment community.
“As a public organization we constantly face increasing scrutiny from our shareholders,” said , Chief Executive Officer of Adino Energy. “We have heard the call from our shareholders for increasing our communications program and now, with a much more dedicated staff, we are answering that challenge aggressively. I–m excited to be ramping up our investor relations efforts and sharing the story with our investor audience.”
With the implementation of a new , Adino plans to turn one-way dialogues into two-way conversations and working relationships into partnerships. “We need to communicate to them frequently and with greater clarity. Communications must be proactive rather than reactive,” said Byrd.
In addition to improved communications, Adino will continue to focus their efforts on increasing revenues, decreasing costs and building the company–s business in a positive direction. “We want to reshape the overall perception of the company by doing well instead of sounding good, and the facts will speak loudly to our shareholders,” said Byrd.
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Adino Energy Corporation (OTCBB: ADNY) is an emerging oil & gas exploration and production (E&P) company focused on oily assets with significant development, work-over and enhanced oil recovery (EOR) potential concentrated in the Permian Basin in West Texas.
Statements made in this news release relating to Adino–s future production, expenses and future capital projects and expenditures, and all other statements except statements of historical fact, 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. These statements are based on assumptions and estimates that management believes are reasonable based on currently available information; however, management–s assumptions and the Company–s future performance are both subject to a wide range of business risks and uncertainties and there is no assurance that these goals and projections can or will be met. Any number of factors could cause actual results to differ materially from those in the forward-looking statements. Further information on risks and uncertainties that may affect the Company–s operations and financial performance, and the forward-looking statements made herein, is available in the Company–s filings with the Securities and Exchange Commission, which are incorporated by reference as though fully set forth herein.
Narath Khieu
Adino Energy Corporation
2500 CityWest, Suite 300
Houston, TX 77042
(281) 209-9800