latest news
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08July
Retransmission: General Gas Acquires Interest in Producing Well
General Gas Corporation is pleased to announce that, on June 5, 2008, the Company acquired a 10% working interest from NewTech Resources, LLC in the Chevron Fee #3 Well (the “Well") located in Marion County, Texas in exchange for $25,000.00. Under the terms of the Acquisition Agreement, the operator of the Well’s rework program will be OilTec LP ("OTP"). The Well is already producing to a depth of 6400 feet.
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24June
New Management to Assist General Gas
General Gas Corporation announces that a new management team has been appointed to assist the company in implementing and evaluating joint ventures and new projects. The team will emphasize new business development and will seek to add additional new talent to the Board. These potential new Board appointments are expected to be filled by individuals with significant oil and gas expertise.


