Paradigm Oil and Gas, Inc. announced that it has purchased a commercial facility in West Athens, Texas to serve as its base for field service operations. Situated on 4 acres along US Highway 175, less than an hour south of Dallas, the 4,000 square foot building features offices and warehouse space with six 14' bay doors. Conservatively valued at 500,000.00 Paradigm acquired the property in a self-financed cash and preferred stock transaction totaling 470,000.00.