HOUSTON, June 5, 2003 --Southwestern Water Exploration Co. doing business as Aqua4, Inc. (SWWE) has entered into a joint venture agreement with Water Drilling Inc. to explore and develop new aquifers in Wyoming and other western states.
Water Drilling Inc. is a private company engaged in the water industry, as well as the oil and gas market. The company's information may be found at their Web site at www.waterdrillinginc.com.
"We are very pleased to have finalized our joint venture plans with Water Drilling Inc.," said Tor Boswick, CEO of Aqua4, Inc. "Their financial and technical expertise will be beneficial to us in the development of our water exploration opportunities."
Aqua4, Inc. also announced that the company has relocated to Houston in order to take advantage of Houston's reputation as the exploration capital of the world. Boswick stated, "Our presence in Houston will allow us to more readily access the vast pool of talent, capital, and opportunities available in that market." The move signifies the company's diversification as not only a water company, but an attempt to capitalize on the oil and gas opportunities and convert Aqua4, Inc. into a fully integrated natural resource company.
The new headquarters of Aqua4, Inc. are located at the following address: 15115 Park Row, Suite #130, Houston, Texas 77084. The company's contact numbers are by phone 832/615-7320 and fax 832/ 615-7322.
