Oracle is classified as an oil and gas development company. Oracle’s business objective is delivering long term sustainable shareholder value. Based in Vancouver, British Columbia, Oracle trades on the TSX Venture (TSX-V: OEC) and is also listed on the Frankfurt Exchange (FRA: O2EM) and the OTC (OTC: OECCF).
Oracle has entered into a letter agreement with Methanogenesis Corporation pursuant to which the parties have agreed to complete a business combination by way of share exchange that will have the effect of Oracle acquiring all of the issued and outstanding common shares in the capital of Methanogenesis. Further press releases to follow.