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Posted On: 10/11/2015 5:02:20 PM
Post# of 99266
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Posted By: stocksonhighalert
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.

The Joint Venture immediately has two power plants to build with an equity position on the PPA. These two projects will give the Joint Venture 1) project for $47milion dollars in EPC revenue and the 2nd project for $11millions dollars in EPC revenue with a 15 year PPA. "EPC-Engineering Procurement & Construction." READ MORE..

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