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Calgary, Alberta, March 23, 2022 (GLOBE NEWSWIRE) -- Today, Xfuels (OTC Pink: XFLS) announced that it has relocated from Alberta, Canada to Texas. The move is intended to help the company expand within the United States. Xfuels also clarified that any new LOI for the purchase of Jubilee...
Calgary, Alberta, March 22, 2022 (GLOBE NEWSWIRE) -- Today, Xfuels Inc. (OTC Pink: XFLS) has decided to forego the acquisition of Jubilee Exploration, LLC after being unable to verify certain property title records related to both operating and non-operating wells. Jubilee is a middle...
Calgary, Alberta, Feb. 15, 2022 (GLOBE NEWSWIRE) -- Today, Xfuels Inc. (OTC Pink: XFLS) announces the completion of an external accounting audit of its 2019 and 2020 financial statements. The finalization of this audit lays a foundation for Xfuels to once again have its common shares fr...
Xfuels (OTCPK:XFLS) has entered a LOI to purchase 100% of the common stock of Jubilee Exploration, an oil and gas producer that currently controls 516 wells across 10 counties in North East Oklahoma and South East Kansas. This mark the largest acquisition in Xfuels’ history. Purs...
Calgary, Alberta, Nov. 29, 2021 (GLOBE NEWSWIRE) -- Xfuels, Inc. (OTC PINK: XFLS) has entered a letter of intent to purchase 100% of the common stock of Jubilee Exploration, LLC, an oil and gas producer that currently controls 516 wells across 10 counties in North East Oklahoma and South Ea...
Calgary, Alberta, Nov. 22, 2021 (GLOBE NEWSWIRE) -- On October 12 th , 2021, Xfuels Inc. (OTC Pink: XFLS) announced that CEO Mike McLaren has elected to convert his convertible promissory note of $1.3 million into 125 million shares of restricted common stock. After further consider...
Calgary, Alberta, Oct. 18, 2021 (GLOBE NEWSWIRE) -- Xfuels, Inc. (OTC Pink: XFLS) has begun to deploy its talent and resources in the state of Texas to assist in plugging and reclaiming hundreds of thousands of abandoned, environmentally hazardous oil wells. Through its recently-formed ...
Calgary, Alberta, Oct. 12, 2021 (GLOBE NEWSWIRE) -- XFuels, Inc. (OTC Pink: XFLS) CEO Mike McLaren has elected to convert his convertible promissory note of $1.3 million into 125 million shares of restricted common stock. This conversion will eliminate $1,468,638 of derivative liability...
Calgary, Alberta, Oct. 05, 2021 (GLOBE NEWSWIRE) -- Today, Xfuels Inc. (OTC Pink: XFLS), a Calgary-based energy company, announces its entry into the Texas energy market with the formation of a new Texas subsidiary, Cycle Oil and Gas Inc. The first objective of Xfuels’ new subsid...
Calgary, Alberta, Aug. 16, 2021 (GLOBE NEWSWIRE) -- Xfuels Inc. (OTC PINK: XFLS) is pleased to report that the company has signed an oilseed supply and biodiesel off-take agreement with an Indigenous-owned company Infinity Petroleum Energy Resources Inc. The company wi...
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(NewsDirect) McapMediaWire -- Xfuels Inc. (OTC: XFLS ) --Mr. Charles Iggulden reports on the February 22, 2023, Xfuels Inc. board meeting. The board discussed the settlement agreement with the ASC and as a result of the settlement agreement with the ASC, Mr. Michael McLaren CE...
Electra, Texas, Dec. 19, 2022 (GLOBE NEWSWIRE) -- Xfuels Inc. (OTC PINK: XFLS) is pleased to report that it has sold its interest in Cycle Oil & Gas Ltd.(Alberta) for the sum of One Million Five hundred thousand ($C1,500,000) dollars. The sale comes as part of the company’s plan as...
Electra, Texas, Dec. 02, 2022 (GLOBE NEWSWIRE) -- Xfuels Inc. (OTC PINK: XFLS) is pleased to report that Cycle Oil & Gas began overseeing operations in their Wichita County field effectively on July 1 st , 2022, through the purchase of leases & property from Triple “S” G...