Business
World Oil Group, Inc., is Working with Multiple Landowners to Drill Oil Wells on 2000 Acres in Pennsylvania
1000 Oil Wells Could Generate Between $40 to $70 Million Dollars the 1st Year not Considerin...
About this update from Global Tactical Metals Corp.
[{"type":"text","content":"World Oil Group, Inc., is Working with Multiple Landowners to Drill Oil Wells on 2000 Acres in Pennsylvania1000 Oil Wells Could Generate Between $40 to $70 Million Dollars the 1st Year not Considering the Tax Breaks for O&G Industry (Which can Range Between 80% to 100%)\nDEBARY, FL / ACCESSWIRE / July 29, 2015 / World Oil Group, Inc. (PINKSHEETS: WOGI) is pleased to introduce that due to the overwhelming impact that WOGI has made in the local drilling region, local land owners are calling WOGI's local drilling contractor and offering up more land for WOGI to drill on.WOGI - PENNSYLVANIA:\nWOGI is pleased to announce that local land owners are pleased with the conduct and performance with WOGI that land owners are now calling its local drilling partner and offering up land for WOGI to drill on. More than 2000 acres by multiple lands owners have now been offered to WOGI to drill on.\nWOGI is seeking capital partners to work with on this project. WOGI believes that approximately 1000 wells can be put on this amount of land reasonably. This project would be broke down into phases and well groups in order to lessen the environmental impact. These wells would be in the range of 900ft to 1200ft in depth and produce somewhere in the range of 850 to 1500 barrels of oil the first year.\nAt today's prices of oil 7/29/2015 of US$47.98 a barrel of oil that would be a range of 850-1500 bopd:\n850bopd X US$47.98 = US$40,783.00 per well-per 1st year x 1000 wells= US$40,783,000.00\n1500bopd X US$47.98 = US$71,970.00 per well-per 1st year x 1000 wells = US$71,970,000.00\nFor those interested please email us at the contact information below:\nWOGI - WALKABOUT:\nDue to the rising interest of our shareholders. WOGI will be planning in October, 2015 a WOGI Walkabout with our CEO MR. Nathan Hall, and WOGI's exclusive drilling partner Mr. Jon Malis of Xite Energy. This walkabout will take you around the oil wells that you have seen on the YouTube Videos the past year, have lunch and a Q&A session.\nThis will be a great opportunity to get to know who WOGI's leadership team is and help educate our shareholders and potential shareholders on the oil field history, reserves and explain the O&G industry at the birthplace of the Oil & Gas Industry. WOGI is drilling less than 30 miles from the birthplace of the oil industry, Titusville, Pennsyl...