05/03/2007

RGWYF: Signs LOI to Purchase Additional Oilfield in New Mexico (Nasdaq). Ridgeway Petroleum Corp. (RGWYF) announced that the Company has signed a binding letter of intent to purchase an additional New Mexico oilfield that the US Department of Energy ("DOE") has identified as having considerable enhanced oil recovery ("EOR") potential. [Yahoo! News Search Results for "New Mexico"] 9:44:51 AM    comment []