MFSP to represent York Oil & Gas Management Inc.

MFSP Financial has been appointed the local exclusive representative for York Oil & Gas Management Inc., specialists in working interest in the oil and gas industry in the United States.

York, based in Texas, the largest oil producing state in the US, is both a promoter of working interest and the operator company managing drilling projects and maintenance of the oil and gas wells.

Working interest involves owning a stake in an oil and gas lease. The investor (stakeholder) has the right to explore, drill and produce oil and gas from a particular stretch of land. Working interest owners therefore invest a sum of money, which contributes towards the start up and operation costs of the well, and in turn partake in the profits generated from the well.

Oil and gas, being both natural and limited resources with a diverse and worldwide consumer base, provide both a potential for substantial return on investment as well as a viable option for investment diversification.

Christer Gustafsson, partner and co-founder of York Oil & Gas Management Inc., said: "With the increasing popularity of the oil and gas asset class, we are always interested in finding suitable representatives worldwide that are able to effectively distribute our products. MFSP Financial specialises in alternative investment solutions and is therefore an ideal partner for York. We look forward to a continued good working relationship with this young dynamic team."

MFSP Financial is licensed to give financial advice by the Malta Financial Services Authority.