Alastair Caithness, Ziyen Inc. CEO was recently invited to ESPN’s BISTalk Radio to discuss Ziyen Inc. and the company’s ambitious and aggressive business plan along with the practical considerations for oil production while assessing the potential for energy sustainability.
During the interview, Alastair Caithness discussed his deep connections and experience in the oil and gas industry in Aberdeen, Scotland. Mr. Caithness’ commentary focused on how Ziyen formed and, importantly, the recent, fortuitous events that led to the opportunity to enter the burgeoning market of acquiring domestic oil leases. With Ziyen Inc.’s total of 11 oil acquisitions and the help of Shane Fraser, Director of Oil Intelligence, Alastair Caithness announced the Ziyen Advantage concept during the interview.
Once an oil well goes into production, one of the biggest costs outside unplanned maintenance is the electricity required to power the motor for the pump jack. Ziyen Energy’s new strategy involves using renewable energy infrastructure to create our own electricity to initially drive down oil and gas production costs with the long term goal of generating power back onto the grid with the launch and development of a new inverter technology.
Alastair Caithness, CEO, said, “BISTalk Radio with host, Bob Ryan, and co-hosts Sandra ‘Montana’ Smit and Aaron Cannata provided an excellent platform to not only showcase Ziyen and the direction the company is taking, but equally importantly we discussed some of the key points into our history and upcoming value inflection points.”
About Ziyen Inc.
Founded in 2016, Ziyen Inc. is a Scottish-American company focused on delivering 100% Energy Independence to the USA. Initially launched as a software company providing information on oil and gas related procurement contracts, Ziyen Inc. diversified in 2017, instating Ziyen Energy Division with intent to produce oil in the U.S. with advanced extraction methods and technology implemented and guided by career experts in the oil and gas industry. In 2017 Ziyen acquired the mineral rights to its first oil field in Indiana, and now has eleven oil assets. The U.S. Securities and Exchange Commission (SEC) recently qualified Ziyen Inc. in November 2017 for our second round of funding, with a pre-IPO share price of $1.50. More information may be found in its Offering Circular filed with the SEC, or on their website www.ziyen.com.
Forward Looking Statements:
Certain statements in this press release including, but not limited to, statements related to anticipated commencement of commercial production, targeted pricing, performance goals, and statements that otherwise relate to future periods are forward-looking statements. These statements involve risks and uncertainties, which are described in more detail in the Company’s periodic reports filed with the SEC- specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. Forward-looking statements are made and based on information available to the company on the date of this press release. Ziyen Inc. assumes no obligation to update the information in this press release.