Eagle Oil Holding Obtains Bridge Financing for East Texas Ops

Eagle Oil Holding Company has received sufficient bridge financing to allow EGOH to commence pumping operations in its East Texas oil field. EGOH now expects to be able to restart the pumps on the four wells which have already been reconditioned as part of its plan to return all of its wells back to production. The Company is currently seeking additional funding to expedite its operating plan to test and then recondition an additional 10 to 20 wells in the upcoming months.