$WOGI, 20 REASONS Y WOGI IS UNDERVALUED,, 1.
Post# of 5115
1. WOGI has executed an agreement for the return of 31.3 million shares of its Outstanding Common stock. PR JAN. 27, 2015.
2. WOGI has scheduled a meeting with officials in Peru for WOGI to perform EOR (Enhanced Oil Recovery) on a producing well in Peru.
3. WOGI will apply to take over a concession for a heavy oil field in South America that is currently producing 3,000 bpd of 14 API Gravity crude, in order to ramp up its production to 20,000 bpd in the first phase (2017) and then to 40,000 bpd in the following phase (2019), using proven cost effective surface/subsurface, drilling, completion and production techniques and procedures. PR MARCH 6, 2015
4.The firm commitment from Dr. Armacanqui to join WOGI enables the Company build on his Heavy Oil Expertise (to produce up to 8 API gravity crude) .
5. WOGI's CEO will attend the first meetings in Lima, Peru with the relevant officials April 2015. PR MARCH 5, 2015.
6. has wired out the payment for the 10th well to be drilled and to begin fracking the first 5 of 10 oil wells. Xite Energy has currently scheduled fracking to begin April 15, 2015. PR MARCH 16TH 2015.
7. The geological reports and visible oil from drilling the first 9 wells has shown heavy oil saturation prior to the wells being fracked. WOGI is excited about what visible reports have shown in oil saturation and is looking forward to get started on the fracking. Once Oil production is online, Ergon is in place to start purchasing oil from WOGI's production.PR MARCH 16, 2015.
8. World Oil Group, Inc., is Pleased to Announce the Asset Purchase Environmental Protection Associates, Inc. Including its Branded Product Lines EPA Oil Field Solution, Paraffin Remediation Solution (PRS), Global Environmental Cleaner,& Hydro Clean; World Oil Group has Also Entered into a Share Exchange Agreement to Acquire EOR360, Inc.; EOR360, Inc. has an Alliance with EOR360-Egypt, LLC Registered in Virginia and its Operational Detachment EOR360-Egypt located in Nasr City, Egypt. APRIL 14TH 2015 PR.
9. The asset purchase includes its registered product(s) on the US Environmental Protection Agency NCP Subpart J listed Product EPA Oil Field Solution, a/n/a Global Environmental Cleaner, Hydro Clean and all international marketing rights for its products.SEE PR DATED APRIL 14, 2015 4 MORE DETAILS.
10. PR MAY 6, 2015 has completed fracking on the 1st well of a 10 well project and will begin fracking its second tomorrow. A new well will be fracked every 10 to 14 days or sooner if possible.The first completed fracked well showed strong reserves during the fracking process. The pump jack will be installed on this well by the end of the week and should begin pumping oil next week. PROGREESING AS PLANNED.
11. CEO STATED, The timing of the first well going into production couldn't be better with WTI hitting $60.00 a barrel and showing signs of closing at $65-$75 by the third quarter.
12. CEO STATED, The Company will complete the fracking on the first 5 wells and place pump jacks on them to get ready for production. Once production begins and the oil is pumping, the company will begin fracking the next 5 wells when the WTI hits $65.00 a barrel or higher. Then all 10 wells will be on production."This is an exciting time for WOGI and its shareholders to see the hard work of the last year begin to pay off and oil begin pumping out of the ground," stated WOGI's CEO Nathan Hall.
13. PR MAY 19, 2015 is pleased to announce the Company has installed pump jacks on the first two wells that have been fracked and will begin fracking the 3rd well at the end of this week.
14. FRACKED WELL #1 During the fracking process thousands of gallons of frack water are pumped into the well to break up the oil deposits within the shale. After fracking the wells typical will need between 7 to 10 days in these regions to come onto oil. The well needs to be pumped off from all the frack water being put into them during the fracking process. This process acts as a primer, so when the water is pumped off, its draws the oil through its capillaries and then into flush production. The well has been pumping water for the past five days and should start to come on to oil within the next few days.
15. FRACKED WELL #2 We have finished putting the pump jack on fracked well #2 and going through final checks before we get this well pumping. We had some equipment issues on fracked well #1 that caused some delays, so we are double checking everything twice before turning it on. So far all looks good and we should begin pumping oil in the next few days.
16. 3rd WELL TO BE FRACKED Well is scheduled to begin fracking at the end of this week. WOGI has sent final payment to complete the entire 10 well project. WOGI is paid in full and will continue fracking the remaining 8 wells every couple of weeks.
17. All geological reports have shown strong oil saturation in every oil well WOGI has drilled in this 10 well program. Therefore, after drilling in this region and working with its team and land owners, the company is very thankful, excited and optimistic for the next 4 -10 well projects the company has available in this region. WOGI will continue to build its relationships in the region.
18. ADDED TO BOARD OF ADVISORS Mr. Bill Stuebner brings forty years of international experience to World Oil Group, Inc. He has worked in Europe, Latin America and the Caribbean, Africa, Southeast Asia and the Pacific, South Asia and the Caucasus region of the former Soviet Union. In addition to serving as a career U.S. Army officer and diplomat, Mr. Stuebner has held positions with international organizations including the United Nations and the Organization for Security and Cooperation in Europe. Since the 1980's, he has worked with the top echelons of foreign leadership including presidents, prime ministers and military chiefs of staff. His international connections are unparalleled, and in almost any country where he does not have personal top-level access, he knows someone who does. Mr. Stuebner is also a noted public speaker and writer whose memoir of the Balkan wars, A Dragon Sleeps, is currently being published serially in the Bosnian weekly magazine "DANI."
19. SHARE STRUCTURE COPIED FROM OTC MARKETS TODAY,
ISSUER’S EQUITY SECURITIES
Common Stock
500,000,000 Common Shares Authorized
*263,262,060 Shares Issued and Outstanding
74,442,835 shares in the Float.
20. WOGI IS CURRENT N THEIR FILINGS FILED 10Q ON MAY 8TH 2015.