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Holiday Island Holdings, Inc. (OTC: HIHI) has put the LOI with Supeca Oil Trading USA, on hold due to funding delays, but remains committed to working on the Drummond Oil Field project and other oil acquisition and development projects. The company is optimistic about future partnerships and upcoming projects like Windy Point. CEO Glenn Klinker and VP Alverico Ascencio express confidence in the collaboration with Supeca. Holiday Island Holdings, now EP3OIL, prioritizes transparency and communication with shareholders and the public.
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Holiday Island Holdings, Inc. (HIHI) partners with Royal Family Oil Investment, LLC. to develop Windy Pointe Oil Field in Central Texas. EP3OIL, soon to be the new name, secures funding for the project and will receive 20% of net revenue. The joint venture aims to offer turnkey opportunities in the oil business, garnering investor confidence and support.
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End-of-Day
14.29%
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Holiday Island Holdings, Inc. announces a deal for a 40-acre lease and development of Windy Pointe in central Texas with Benchmark Petroleum Partners and The Royal Family Oil Investment, LLC. The project aims to increase revenue significantly and expand EP3Oil's operations in 2024.
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48.18%
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Holiday Island Holdings, Inc., dba EP3OIL, has accepted a Letter of Intent for a Joint Venture with Supeca Oil, receiving $2.5 million to develop the Drummond Oil Field in West Texas. Projections indicate a significant increase in oil production revenue. EP3OIL's CEO is pleased with investor confidence, and the company's VP for Latin America looks forward to future collaborations with Supeca Oil.
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-30%
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Holiday Island Holdings, Inc. (OTC: HIHI) has finalized a deal for multiple Oil Wells in West Texas Permian Basin, aiming to become a leading company in the Secondary Recovery of Oil & Gas Industry. The CEO, Glenn Klinker, is confident in the revenue potential of these wells and plans to offer participation in Limited Partnerships to qualified individuals. The VP, Alverico Asencio, has strong partnerships in South America and the United States, and is optimistic about funding these endeavors. The company is focused on locating and closing acquisition opportunities to add revenues and earnings to its books.
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Rhea-AI Sentiment
End-of-Day
26.46%
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Holiday Island Holdings, Inc. (HIHI) has announced a new direction in the Oil and Gas Industry with the appointment of Glenn Klinker as CEO. The company is finalizing the funding of two wells in the Permian Basin and expects to start generating revenue from these wells in mid-February. With plans to change its name to Enhanced Petroleum Extraction Enterprises, Inc. (EP3Oil), the company aims to expand its opportunities in secondary Oil Recovery throughout 2024.
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Holiday Island Holdings, Inc. (OTC Pink: HIHI) is rebranding to EP3 (Enhanced Petroleum Extraction Enterprises, Inc.) to align with its new focus on the Oil & Gas industry. The company has appointed Glenn Klinker as the Chief Operating Officer for Oil & Gas operations and engaged a high-profile Advisor for Capital Raises and Regulation Compliance. They are also targeting overseas investment opportunities and have interest from accredited investors. The CEO, Gene Thompson, emphasizes the focus on acquiring opportunities in the Secondary Recovery of Oil and Gas segment to drive revenue and earnings growth.
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21.74%
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Holiday Island Holdings, Inc. (OTC: HIHI) cancels merger with XA Interactive, Inc. and announces new industry experienced executives and an income producing asset in the Oil & Gas Industry. Glenn Klinker appointed as Chief Operating Officer for Oil & Gas operations. Company to hire high profile Advisor for Capital Raises and Regulation Compliance. Plans to engage Hispanic specialists for Capital Raises and has interest from several sources for acquisition and development funds. CEO Gene Thompson aims to move from a Development Stage entity to a full-scale operating company with a focus on acquiring opportunities in the Secondary Recovery of Oil and Gas segment to boost revenues and earnings.
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-24.09%
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Holiday Island Holdings completes reverse-merger with XA Interactive, preparing for expansion of drilling operations in Louisiana with estimated reserves of 6 million barrels per square mile.
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-13.65%
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Holiday Island Holdings completes reverse merger with XA Interactive, announces new drilling operations employing ESP techniques. Expected to take 3-4 weeks. ESP systems to increase production, reduce costs, and environmental impact.
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-27.76%
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HOLIDAY ISLAND HLDGS INC
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About HIHI
holiday island inc is a sports company located in 3209 tyre neck rd, portsmouth, virginia, united states.