Monday, December 19, 2011

Next Generation Energy Corp. Announces Sale of Interest in Texas Property; Focusing on Oil Well Re-Entry Projects

LORTON, Va., Dec. 19, 2011 /PRNewswire/ -- Next Generation Energy Corp. (OTCQB:NGMC) has announced today that it has completed the sale of its interest in the Kelly Snyder # 1 in Scurry County Texas. Next Generation Energy Corp. CEO Darryl Reed stated that "The sale of this interest will allow the Company to fund future acquisitions in oil producing properties in the Appalachian Basin, an area of focus for the Company." Mr. Reed added that "The Company is actively engaged in acquiring existi...continued
 

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