North American Oil Gas Corp (OTC:NAMG): A Stock to Watch Out

Las Vegas, NV -- (SBWIRE) -- 01/17/2013 -- Calendar Dragon Inc (OTC:NAMG) is currently trading at $0.831 however the share price has touched lowest of $0.25 and highest of $1.14 in last one year.

In December, North American Oil & Gas Corp announced that one of its well by the name of Pass Exploration 11-20 at Tejon Extension prospect in the San Joaquin Basin of California, USA reached the level of TD 7550 feet. The company disclosed that a full suite of electric logs was run and testing of the well was supposed to begin in early January.

The company holds almost 75 percent or participation interest in the Tejon Extension prospect while Avere Energy Corp a fully owned subsidiary of East West Petroleum Corp holds 25 per cent of interest in the Tejon Extension prospect. North American Oil & Gas Corp will operate the well due highest proportion of interest.

The company was previously being traded under symbol of OTC:CLDDD which now has been changed to NAMG.

To find out what OTCMAGIC projects for The North American Oil & Gas Corp for both short term and long term please click here: NAMG

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