NEW YORK, NY — (Marketwire) — 03/15/12 — Fox Petroleum Inc. (OTCQB: FXPT) (PINKSHEETS: FXPT) announced today that it is seriously reviewing a large residual oil and acquisition currently based in Venezuela."We are being approached on a weekly basis with crude leftovers and we are beginning to see a consistent oil arbitrage plays on a global level," said James Renfro, Chief Executive Officer of Fox Petroleum. "This Venezuelan acquisition can immediately do 100,000 barrels per
Renfro Energy LLC Investigating Zones With Potential Reserves of 200,000 to 500,000 Barrels of Oil
Fox Petroleum to Acquire Renfro Energy LLC and Cameron Parish Pipelines LLC
