AER Energy Resources, Inc. (PINKSHEETS: AERN) is pleased to announce it has entered into an agreement for the formation of a Joint Venture with Energex Fuel Corporation and Triton Global Petroleum to supply an estimated $420 million USD of ExxonMobil product annually to the aviation industry.
Triton Global Petroleum is a worldwide trader of aviation fuel to commercial, government and corporate aircraft, and has completed and entered into a Joint Venture with Energex to supply an estimated $420 million USD in ExxonMobil petroleum products annually. "This size of top-line revenue and anticipated net profit will establish AER Energy Resources, Inc. as a substantial competitor in the 'Fuel trading Sector,'" stated Stan Wilson, AER Energy Resources, Inc., President.
In addition: "This introduction to Triton through our relationship with Energex is a valid strategic instance to apply the Company's prior fuel trading experience. AER Energy will continue to grow this relationship and expects to dramatically increase AER Energy's presence in the Corporate, Commercial and Government fuel supply industry," stated Mr. Wilson.
ABOUT AER ENERGY RESOURCES, INC.
AER Energy Resources, Inc. (www.aernenergy.com) is a diversified holding company with an emphasis on oil and gas exploration, drilling, well completion and fuel distribution.
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