Plano, TX - (WORLD STOCK WIRE) - November 7, 2008 -- Ark Development, Inc. (OTCBB: ARKD), a Texas based junior Oil & Gas exploration Company, has today announced approval by the Board of a name change to Blackbird Petroleum Corporation. It is anticipated the name change will become effective in approximately 30 days.
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Mr. Antonio Treminio, the Company’s Chairman & CEO says “The new name Blackbird Petroleum Corporation represents an exciting new chapter on the Company’s current developments and future”.
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About Ark Development, Inc.
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Ark Development, Inc. is a Jr. Texas Oil & Gas exploration Company that plans to expand as quickly as possible in all areas of energy discovery and production. The Company has been engaged in lengthy negotiations to acquire additional North American Oil & Gas concessions over the past few months.
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Please contact:
Mr. Antonio Treminio, Chairman & CEO
Tel: 1-212-315-9705
Email: atreminio@blackbirdpetroleum.com
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Forward Looking Statement Disclaimer
This News Release contains forward-looking information that involves risks and uncertainties, including statements regarding Ark Development’s plans, objectives, expectations and intentions. This press release discusses certain matters that may be considered "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding the intent, belief or current expectations of Ark Development’s ("the Company") and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties that could materially affect actual results such as, but not limited to: the ability of the Company to raise necessary capital; to attract and retain effective management; the lack of viable commercial applications or the failure of third-party contractors to perform their contractual obligations. Prospective investors are also referred to the other risks identified from time to time in the Company's reports and registration statement filed with the Securities and Exchange Commission.
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Antonio Treminio, Chairman & CEO
Ark Development, Inc.
4225 New Forrest Dr.
Plano, TX 75093
USA
Phone: 212-315-9705
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Source: Ark Development, Inc.
Note: The following press release was submitted by: Ark Development, Inc., and World Stock Wire, Inc. is not liable for the contents of this press release. (continue reading &aquo;)
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