Posted On: 10/09/2015 2:56:46 PM
Post# of 5115
World Oil Group, Inc., has signed its 1st Joint Venture Agreement by and through its subsidiary WOGI South America, S.A.A.
WOGI- South America, S.A.A. is honored to announce that World Class Engineer Mr. Saul Yabar Pacheco will assume the position of Vice President of Business Development
DEBARY, FL / ACCESSWIRE / October 9, 2015 / World Oil Group, Inc. (PINKSHEETS: WOGI) is pleased to announce WOGI- South America, S.A.A. is launching its construction division with a very established world class EPC Engineering, Procurement & Construction Company IAGESA. This Joint Venture agreement is mutually beneficial to both companies and WOGI-SA's new acquisition MDN Peru. This allows all of the WOGI companies to generate cash flow by its new relationship.
MDN Peru is a heavy equipment Rental Company that WOGI just acquired 49% of and MDN.COM which is a light equipment Rental Company that WOGI also purchase 49% of and added over $150,000 dollars to the books. WOGI will show profits from the MDN acquisitions on 3rdQuarter report. The acquisition of MDN Peru has added revenue and assets to WOGI's portfolio. Financials are on www.worldoilgroup.com for disclose purposes under Global Operations Tab- MDN.
WOGI- South America, S.A.A. is honored to announce that World Class Engineer Mr. Saul Yabar Pacheco will assume the position of Vice President of Business Development
DEBARY, FL / ACCESSWIRE / October 9, 2015 / World Oil Group, Inc. (PINKSHEETS: WOGI) is pleased to announce WOGI- South America, S.A.A. is launching its construction division with a very established world class EPC Engineering, Procurement & Construction Company IAGESA. This Joint Venture agreement is mutually beneficial to both companies and WOGI-SA's new acquisition MDN Peru. This allows all of the WOGI companies to generate cash flow by its new relationship.
MDN Peru is a heavy equipment Rental Company that WOGI just acquired 49% of and MDN.COM which is a light equipment Rental Company that WOGI also purchase 49% of and added over $150,000 dollars to the books. WOGI will show profits from the MDN acquisitions on 3rdQuarter report. The acquisition of MDN Peru has added revenue and assets to WOGI's portfolio. Financials are on www.worldoilgroup.com for disclose purposes under Global Operations Tab- MDN.
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