Posted On: 08/19/2015 10:34:35 PM
Post# of 5115
Good Evening onpoint, I have been busy at work but:
World Oil Group, Inc., is Finalizing Terms to Become an International Wholesale Distributor of a U.S. Based Oil & Gas Product Supply Company for the Middle East and North Africa
This mutual agreement will also allow WOGI to have its EOR/Remediation product lines reciprocated in their product line up in the United States; The sales channel for O&G supplies and the sale of Enhanced Oil Recovery products in emerging markets opens the potential market for millions of dollars of additional revenue
DEBARY, FL / ACCESSWIRE / August 19, 2015 / World Oil Group, Inc. (PINKSHEETS: WOGI) is pleased to announce under EOR360, Inc. brand. WOGI will become a wholesale distributor in the Middle East and North Africa for product lines relating to the Oil and Gas drilling and supply industry.
Our CEO Mr. Nathan Hall will use his personal relationships and local partners of WOGI to help distribute the products overseas. The multimillion dollar private company currently only services the United States and has wanted to get into the international O&G market space. In exchange for adding the recently acquired EOR-PRS Paraffin Remediation Solution/Remediation products, Global Environmental Cleaner and Hydro-Clean to their product list, WOGI will open international markets to them and act as the wholesale distributor.
The ability to hedge these products to emerging markets gives WOGI another revenue stream in the O&G sector instead of just relying upon drilling for oil. The EOR industry is very explosive in growth now with Oil prices staying low. The company needs to maximize each and every well to extract Oil at the lowest cost to stay competitive.
World Oil Group, Inc., is Finalizing Terms to Become an International Wholesale Distributor of a U.S. Based Oil & Gas Product Supply Company for the Middle East and North Africa
This mutual agreement will also allow WOGI to have its EOR/Remediation product lines reciprocated in their product line up in the United States; The sales channel for O&G supplies and the sale of Enhanced Oil Recovery products in emerging markets opens the potential market for millions of dollars of additional revenue
DEBARY, FL / ACCESSWIRE / August 19, 2015 / World Oil Group, Inc. (PINKSHEETS: WOGI) is pleased to announce under EOR360, Inc. brand. WOGI will become a wholesale distributor in the Middle East and North Africa for product lines relating to the Oil and Gas drilling and supply industry.
Our CEO Mr. Nathan Hall will use his personal relationships and local partners of WOGI to help distribute the products overseas. The multimillion dollar private company currently only services the United States and has wanted to get into the international O&G market space. In exchange for adding the recently acquired EOR-PRS Paraffin Remediation Solution/Remediation products, Global Environmental Cleaner and Hydro-Clean to their product list, WOGI will open international markets to them and act as the wholesale distributor.
The ability to hedge these products to emerging markets gives WOGI another revenue stream in the O&G sector instead of just relying upon drilling for oil. The EOR industry is very explosive in growth now with Oil prices staying low. The company needs to maximize each and every well to extract Oil at the lowest cost to stay competitive.
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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.