Richfield Oil & Gas today joins the cream of the crop on OTC Markets Group’s premier platform, the OTCQX®, where timely financial and reporting standards have skimmed off high-quality U.S. companies such as this Utah-based hydrocarbon developer, which has an extensive footprint of producing oil and gas assets in Kansas and Wyoming, as well as ancillary development assets in Oklahoma and Utah. OTCQX brings quality-control and a level of marketplace services formerly only available to companies and their investors via a traditional U.S. exchange.
OTCQX is a great venue for drawing interest and represents the highest financial standards and third-party sponsorship in the OTC space. This move is a firm commitment by Richfield to doubling-down on U.S. investor engagement metrics and is wholly in line with an established practice of maintaining consistent, superior-quality data and reporting, such that markets are able to make intelligent decisions on the company’s securities.
CEO of ROIL, Douglas C. Hewitt, Sr., affirmed the company’s dedication to ensuring that investors are able to do comprehensive analysis and be totally confident in the fact that they have a circumspect valuation, emphasizing how important it is to management that investors are able to make the best trades possible when it comes to ROIL. Hewitt conveyed a strong sense of understanding about how timely, accurate news and top-shelf data is the cement which bonds together company/shareholder relationships.
President and CEO of OTC Markets Group, R. Cromwell Coulson, stressed how crucial the philosophy of open, transparent, and connected financial marketplaces was in today’s environment, welcoming ROIL’s move to the top-tier of the OTC space. Coulson detailed how OTCQX is a prime way to show investors that the company is a cut above other OTC listings, adding that with a fully electronic marketplace which is also compliance-driven, you have a nexus of easy access and consistent reportage.
A solid dynamics move for ROIL to throw a spotlight on their growing portfolio of domestic hydrocarbon interests, having recently (Jan 9) snapped up a 100% WI in a 640-acre producing (Wasatch National Forest Well #16-15) mineral lease in the Graham Reservoir oil field, Uinta County, Wyoming.
For more information on Richfield Oil & Gas Company, please visit www.RichfieldOilAndGas.com
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