PLANT CITY, Fla., March 07, 2024 (GLOBE NEWSWIRE) -- Holiday Island Holdings, Inc. - soon to be EP3OIL, Inc. -(OTC:HIHI) has funded a $500,000 development of Windy Pointe Oil Field.
Though a joint venture with the Royal Family Oil Investment, LLC., EP3OIL has acquired the rights and will begin drilling on a 40-acre oil field located in Central Texas.
The Royal Family Oil Investment has agreed to provide the remaining funds necessary over the next 60 days.
EP3OIL will receive 20% of the net revenue from oil production for the management and overseeing of this project.
Glenn Klinker is quoted: "EP3OIL is excited to offer joint ventures as a way to partner with high net worth families, or individuals interested in getting into a turn key opportunity in the oil business."
The Royal Family Oil and ...