Regale Consultants Ltd acquired 70.4% stake in Perkins Oil & Gas, Inc. (OTCPK:PRKO) from Betty Myers for $0.22 million on February 3, 2017. Under the stock purchase agreement, Regale Consultants acquired 4.75 million shares in Perkins Oil. Betty Myers resigned from her official position as Director, Chief Executive Officer, Chief Financial Officer, President, Treasurer and Secretary of Perkins Oil & Gas. The shareholders of Perkins Oil & Gas voted to appoint Sonny Arandia as Director and Chief Executive Officer of Perkins Oil & Gas. Regale Consultants Ltd completed the acquisition of 70.4% stake in Perkins Oil & Gas, Inc. (OTCPK:PRKO) from Betty Myers on February 3, 2017.