Posted On: 08/30/2015 8:21:44 AM
Post# of 5115
this kind of contract below from a recent Press Release :
WOGI-PERU
Our CEO Mr. Nathan Hall and our COO Dr. Samuel Armacanqui will be meeting in Lima, Peru with Petro Peru officials to discuss taking over an oil field that currently produces 3,000 bpd. Dr. Armacanqui's historical performance leads him to believe the company will be able to bring this oil field from a 3000 bpd oil production to a 20,000 bpd production range in 24 months. Historical performance of similar fields have shown to further increases to 40,000 bpd production in an additional 24 months, utilizing EOR methods and protocols. WOGI's team will also discuss all potential opportunities with its new remediation and EOR products.
Source: http://finance.yahoo.com/news/world-oil-group...00550.html
WOGI-PERU
Our CEO Mr. Nathan Hall and our COO Dr. Samuel Armacanqui will be meeting in Lima, Peru with Petro Peru officials to discuss taking over an oil field that currently produces 3,000 bpd. Dr. Armacanqui's historical performance leads him to believe the company will be able to bring this oil field from a 3000 bpd oil production to a 20,000 bpd production range in 24 months. Historical performance of similar fields have shown to further increases to 40,000 bpd production in an additional 24 months, utilizing EOR methods and protocols. WOGI's team will also discuss all potential opportunities with its new remediation and EOR products.
Source: http://finance.yahoo.com/news/world-oil-group...00550.html
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