Secondary Recovery Oil and Gas Player Secures Funding

Secondary Recovery Oil and Gas Player Secures Funding

By: Dylan Sikes – News

Monday, September 18, 2023

This company is a dynamic player in the secondary recovery oil and gas sector and just announced funding aimed at further expansion. XAInterative, a prominent player in the secondary recovery oil and gas space, which recently completed a reverse merger with Holiday Island Holdings, Inc. (OTC PINK:HIHI) announced in a press release today the successful securing of funding deals aimed at fueling the expansion of the company's oil and gas operations. Funding will be provided in stages, with an initial cash infusion to kickstart new drilling efforts.

Michael Prozer, Chairman of XA Interactive, had this to say, “On the heels of our recent acquisition of Louisiana Onshore Exploration, we're excited to announce this funding opportunity, which we feel will be a pivotal moment in the growth trajectory of XA. The funding will provide the company with the necessary resources to directly develop and optimize our Texas-based oil wells, help expansion efforts in our Louisiana locations, and provide additional financing over time."

Shares of Holiday Island were trading at $0.16 in morning activity. 

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