Small Business Resources, Business Advice and Forms from AllBusiness.com

OIL FIELD JOINT VENTURE.

The Parrylands Block E oil field in Trinidad will be developed and produced through a joint venture between New Horizon Exploration Trinidad & Tobago, Ltd. and Petrotrin, Trinidad & Tobago's national petroleum company, it was announced August 3 today by Greg Boyles, president of the

local subsidiary of New Horizon Exploration, Inc, based in Richardson, Texas. "New Horizon plans to invest up to US$35 million to develop the field," said Boyles. Details: New Horizon Exploration, Inc. Greg Boyles, 800/330-9587 (President). gaboilandgas.com

In addition, make sure to read these articles: