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Southern California Telephone & Energy (SCT&E) and North Energy Central (NEC) Sign a Joint Venture Agreement With Sandcastle Petroleum, LLC., to Market Worldwide "Crude Oil, Jet Fuel and Low Sulfur Diesel" Fuels
TEMECULA, CA, Nov 30, 2012 (MARKETWIRE via COMTEX) --
Southern California Telephone & Energy announced today they have
signed an agreement with Sandcastle Petroleum, LLC., of Celebration,
Florida. This J.V. agreement provides Sandcastle Petroleum rights to
market products such as crude oil, jet fuel and low sulfur diesel.
Sandcastle plans to aggressively pursue its worldwide network of
international customers to sell its fuels at competitive market
prices, with prompt and continuous deliveries. Sandcastle selected
Southern California Telephone & Energy, who owns a controlling
interest in North Energy Central, to partner with Sandcastle for its
oil, gas and energy sales. NEC has built a solid reputation in the
oil and gas energy industry.
"Sandcastle Petroleum has an aggressive model to serve our customer
base globally." Brothers Greg Michaels, Chairman and CEO of SCT&E,
and Nick Michaels, President of International Development "are
delighted to be associated with the Sandcastle team and look forward
to a rapid expansion of its customer base and corporate presence with
the new energy boom within the oil industry."
Carlos Troche, CEO of Sandcastle Petroleum, said, "We made a careful
investigation of the market and found that Southern California
Telephone & Energy and North Energy Central's track record in the
oil, gas and energy industry makes it the best choice for Sandcastle
to Joint Venture with."
About North Energy Central (NEC):
NEC brings together industry-leading professionals to assist
utilities and energy intensive companies to cope with the rapidly
changing world of rising energy costs and challenging environmental
requirements. NEC integrates proprietary designs and efficient
technologies while utilizing renewable, waste, or clean energy
sources. Through its president Michael Medock, NEC brings nearly 40
years of domestic and international experience directing successful
power generation, engineering, and construction companies around the
world. Mr. Medock's experience as a principal has included business
development, proposals, project and construction management as well
as the supervision and direction of technical assignments in
engineering, construction, planning, scheduling, cost control,
estimating, plant design, procurement, fabrication, operational
training and vendor, client and architect engineer/constructor
liaison. Through Mr. Medock NEC has worked on over 70 electric power
projects with over 2600 megawatts using fossil fuels (coal, gas, LNG,
and oil) and alternative fuels, such as solar, gasification, biomass,
hydro, geothermal and waste-to-energy, as well as nuclear
installations and many advanced power technologies. Visit NEC at
www.northenergycentral.com
About Sandcastle Petroleum LLC:
Sandcastle Petroleum, LLC. is a 100% percent USA company located in
Celebration, Florida. Its core business has been the supply of
gasoline and diesel fuel to independent gas stations in the state of
Florida. Through the years Sandcastle has evolved its business model
and is now a bulk fuel trader with a worldwide customer base in Jet
Fuel, D2 and other fuel related products. Visit Sandcastle Petroleum
at www.sandcastlepetroleum.com
About Southern California Telephone & Energy (SCT&E):
Southern California Telephone Company, dba Southern California
Telephone & Energy, is a spin-off of Wholesale Airtime, Inc.
established in 1994 by Founder and CEO Greg Michaels. In simple
terms, SCT&E is a vertically integrated Telephone and Energy Company,
offering discounted Legacy Voice, Data, Wi-Fi, VOIP, SIP, Cable
Telephone, and Telephone Systems. The company also provides renewable
energy and energy efficiency solutions, thus blending the world of
electronic mediums. Additionally, SCT&E is involved in energy
generation projects around the world.
Subsequent to the 1996 deregulation of the telecom industry in the
United States, SCT&E took advantage of the opportunity to become a
privately held, facility-based Competitive Local Exchange Carrier
(CLEC) and utility under the CPUC. In addition to its CLEC status,
SCT&E is also a Certified Long Distance Carrier (IXC), and a Wireless
Internet Service Provider (WISP). SCT&E has one of the largest fixed
wireless, or WiMax, networks in California. The company has multiple
locations, with its corporate office located in Temecula, California.
SCT&E has a redundant telecommunications network with switches and
facilities on both coasts of the United States.
In 2011, SCT&E became an Electric Service Provider (ESP) and was
granted FERC Authority allowing the company to buy and sell energy
nationwide. Its Energy Division affords consumers the ability to
invest in renewable energy systems to include PV Solar and its
patent-pending Virtual Power Plant(R).
Contact:
Stephanie Moreau
Assistant to Greg Michaels
Southern California Telephone & Energy
951-693-1880
800-840-6673
smoreau@socaltelephone.com
www.scteglobal.com
SOURCE: Southern California Telephone Company
mailto:smoreau@socaltelephone.com
http://www.scteglobal.com/
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