Alamo Energy announced that Eurasian Capital Partners has provided an additional $300,000 to fund the company's continuing expansion.
On November 19, 2009, Eurasian Capital Partners committed up to $2,000,000 to fund Alamo's growth initiatives. The company is in the process of reviewing several opportunities, which fall within Alamo's business plan of creating secure domestic production operations.
Allan Millmaker, Chief Executive Officer of Alamo Energy Corp., commented, "Over the last few months we have been looking at many prospects across several states. With our existing revenue generated from production, coupled with our recent financing and low overheads, we believe we are in a strong position to take advantage of the current favorable market conditions."
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