SGGC (PINK:OTCBB) Sigma Global Corp. announced to shareholders today that completion is nearing of requirements to increase existing production of oil. The latter months of 2007 saw completion of drilling at multiple sites. Power and plumbing connections to the storage system has also reached the completion stage. Once the cooler climates allow, oil production will begin on the newer sites with services and equipment already on hand.
Brian Conrad, Sigma Global CEO stated that Sigma couldn't be happier with the last few months of progress and the company is anticipates positive cash flow by the 2008 second quarter. Also, during the next month, the company will continue due diligence for additional leases in the southeastern region of Kansas.
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