Posted On: 08/16/2015 8:05:32 PM
Post# of 5115
Just read the contracts in the recent financials which was a very interesting read.
Benchmark gave WOGI $1.25 million for 10 wells in Pennsylvania using their own tax and legal team before doing it and Benchmark stated that WOGI profits could be substantial depending on the costs of running the wells obviously.
Since WOGI seems to be expanding in Pennsylvania I would say costs to run the oil wells is not an issue.
Keep in mind this is just Pennsylvania only.
WOGI Peru and Bahamas...
Benchmark gave WOGI $1.25 million for 10 wells in Pennsylvania using their own tax and legal team before doing it and Benchmark stated that WOGI profits could be substantial depending on the costs of running the wells obviously.
Since WOGI seems to be expanding in Pennsylvania I would say costs to run the oil wells is not an issue.
Keep in mind this is just Pennsylvania only.
WOGI Peru and Bahamas...
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Disclaimer: My opinion is based on extensive DD of a companies business plan and management. I am not a financial advisor nor a stock promoter. I am an investor. Please Do your own DD and make your own investment decisions based on you only and noone else.
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