Brimm Energy Diversifies its Business Activities
On
February 28, 1997, Brimm Energy, under its new company name, Odyssey Petroleum
Corporation, announced it has taken its first major step in implementing its
plan to diversify its business activities in energy related
industries.
Odyssey Petroleum, through two wholly owned subsidiaries,
Brimm Energy and Wyoming Ethanol, will continue to produce and distribute
ethanol, mainly in the western United States, but will expand business
activities to include oil and gas exploration and development activities on an
international basis.
Brimm Wyoming's ethanol production and distribution
facility, reopened in December 1996, and is now operating at record production
levels. The plant is now averaging 10,000 gallons of ethanol per
day.
Odyssey Petroleum plans to further diversify its
operations and acquire working interests in a number of international petroleum
projects.
