Las Vegas, NV -- (SBWIRE) -- 12/30/2013 -- Tiger Oil and Energy Inc (OTCMKTS:TGRO) developed specialties in producing and selling explosive technology. Tiger Oil runs a private testing system. The company produces emulsifiers for its clients. TGRO also provides chemical sensitization and plant designing services.
Tiger Oil and Energy announced that Chancery Lane Investment Group, Inc. made a commitment to provide investment to the company. Chancery commits $600,000 that will help in drilling plans. The company says that it will have 30% working interest in the project. The company will have another 24.45% Net Royalty Interest in the wells.
Tiger Oil will have the investment in three tranches. Each tranche will be of equal payments of $200,000.
To find out what OTCMAGIC projects for Tiger Oil and Energy Inc for both short term and long term please click here: TGRO
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