BBB Champions Oil - the Making of a Giant

Over the past year two small energy companies have been quietly making inroads into the Middle East. Now, with major contracts on the horizon, a new giant is about to emerge.

Houston, TX, December 23, 2010 --(PR.com)-- A Giant In The Making

Houston, TX based BBB Champions Oil Company, Inc. announced today, the full acquisition of Strategic Partner Flournoy Oil & Gas, Inc. / Flournoy Drilling, LLC.

BBB Champions Oil Company, Inc. announced today that it has acquired 100% ownership of strategic partner Flournoy Oil & Gas, LLC./ Flournoy Drilling, LLC.

Flournoy Oil & Gas, LLC. / Flournoy Drilling, LLC is a land based, contract oil and natural gas drilling company headquartered in Houston, TX. Historically, Flournoy Oil & Gas has been one of the leading drilling companies operating in the state of Texas. More recently however, Flournoy has repeatedly appeared on the international radar along with strategic joint venture partner BBB Champions Oil, Inc. Savvy players in the energy market have been keeping an eye on the subtle movements of both companies throughout the Middle East over the past year. Some experts believe that this may be the first of several major announcements to come from BBB Champions Oil Company, Inc.

BBB Champions Oil Company, Inc. is an independent oil and gas company.
We are engaged primarily in the exploration, development, production, refining, and sale of natural gas and crude oil. Our core areas of operation are the countries of the Middle East. We also have an ownership interest in a construction company, providing the benefit of priority access to equipment and manpower necessary to get new projects up and running as quickly as possible. Finally, as a Texas based company, with strong ties to both oil and agriculture, we are in a unique position to play a significant role in delivering agribusiness and agri-science solutions to progressive and growth-oriented countries like the UAE. For more information, please visit our website at www.champions-oil.com

This news release contains forward-looking statements concerning the possibility of a significant new resource base. These forward-looking statements may be affected by a number of factors or are based on a number of assumptions including, among others, pricing, supply and demand for petroleum products, amount of capital available for exploration and development, regulatory constraints, timing of commencing production from new wells, drilling rig availability, unforeseen hazards such as weather conditions, acts of war or terrorist acts and the government or military response thereto, and other geological, operating and economic considerations.

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Media Relations Contact: Investors Relations Contact:
Jerry Dilliard Gary Bergholtz, Sr.
Executive Vice President Chief Executive Officer
281-736-8222 281-586-7467
Contact
BBB Champions Oil Company, Inc.
Jerry Dilliard
281-736-8222
www.champions-oil.com
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