Sethi Oil & Gas Announces Company Name Change to Sethi Petroleum
Online PR News – 03-January-2013 –Plano, TX – Sameer P. Sethi is the President of Sethi Oil and Gas and Sethi Petroleum, both companies are subsidiaries of Sethi Financial Group founded by his father, Pradeep Sethi. In addition to the change of name, the oil and gas company has many exciting projects in the works and is looking forward to a productive new year in 2013. Sethi Oil and Gas has made significant investments into oil wells in the Bakken Shale region of North Dakota. The Bakken Shale oil wells are estimated to produce more than 1,000,000 barrels a day by mid 2013. Officials with the International Energy Agency have reported that the United States will most likely pass Saudi Arabia in oil production by 2020 and also that the United States will become completely energy dependent by 2030. "Sethi Oil and Gas is excited to be a part of the largest growing industry in the world. It seems that every day more and more reports are coming out from top officials regarding the estimated recoverable oil and gas reserves in the state,” said Sameer Sethi. Lastly, we are thrilled for what will become a very exciting year for Sethi Oil & Gas and its clients. Our company has already made a few updates to the website such as the investor portal as well as the current and future projects page on our website. To support the new name launch, the Sethi Oil & Gas has unveiled a redesignedwebsite, www.sethioilandgas.com , featuring a unified website, service and investment portfolio.About Sethi Oil & GasSethi Oil and Gas, a Sethi Financial Partners company , is an independent energy producing company headquartered in Plano, Texas and founded in 2003. We specialize in being able to provide both private and institutional investors with an inside perspective to the natural gas industry. Our objective is to be able to provide a means by which both private and institutional parties can capitalize on the oil and gas industry from diversification, tax incentives but primarily ground-floor or industrial investment opportunities.To date, Sethi Petroleum Inc. has helped place nearly one billion dollars of institutional capital and over 30 million of private equity in developmental projects, producing assets, leasing and seismic opportunities, oil wells, drilling, onshore, offshore, domestic and abroad.Sameer P. Sethi, President, of Sethi Oil and Gas is available for interviews.
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