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[QUOTE]Originally posted by JimSC: [QB] Posted by: WANG In reply to: None Date:2/12/2008 2:02:12 PM Post #of 9282 SOURCE: Sigma Global Corporation Feb 12, 2008 14:00 ET Sigma Global Corp. Completes Well 1A and Begins Production NEW YORK, NY--(Marketwire - February 12, 2008) - Sigma Global Corporation (PINKSHEETS: SGGC), an emerging oil and gas Company, has announced that it has completed all work on Well 1A. The new well had solid flow and is the first new producing well to come online for the Company. The Company is also looking to complete Well 2A which was previously drilled. This second well is expected to be producing within the next two weeks. Once both wells are online the Company will make preparations to drill two new additional wells on the property. Brian Conrad, Sigma Global's CEO, stated, "This is a very exciting moment as we have just brought our first new well online. We took advantage of the break in weather to get Well 1A up as soon as we could. We are hoping to get the second well online by next week and shortly after we should have some data to project production rates. I expect these two wells to strengthen our bottom line significantly." The Company would like to further announce that the company attorneys are continuing the process of restructuring which includes reducing the authorized shares, changing the name of the Company to Pradera Energy Corp and obtaining a new CUSIP number. About Sigma Global Corp. http://www.sigmaglobaloil.com Sigma Global is an emerging oil and gas company whose core business is to evaluate profitable oil and gas lease options, build a solid foundation of assets through acquisition of land and leases, and explore and develop opportunities on these prolific properties. Safe Harbor: This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Sigma Global Corp. to be materially different from the statements made herein. Sigma assumes no obligation to update the information contained in this press release. Click here to see all recent news from this company -------------------------------------------------------------------------------- [/QB][/QUOTE]
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