| DALLAS, Nov. 14, 2011 /PRNewswire/ -- Blugrass Energy, Inc. (OTC: BLUG) is pleased to announce that the Company is in discussions to acquire substantial oil and gas production and accompanying cash flow from a privately held company. The acquisition under discussion would require shareholder authorization – including approval of a charter amendment to accommodate the issuance of additional shares of common stock – and would also require that a significant portion of the Company's deb...continued BLUG |
Monday, November 14, 2011
Blugrass Energy in Discussions to Acquire Oil and Gas Production
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