World Oil Group Inc./Portage Resources Stock Purchase Agreement
World Oil Group, Inc., has signed a Stock Purchase Agreement to purchase 480,000,000 shares (four hundred and eighty million shares) of former Peruvian Mining/Minerals Giant Portage Resources, Inc. OTC: (POTG).
Portage Resources, Inc. had a previous market valuation in excess of $480 million Dollars. WOGI/WOGI- South America, S.A.A. is honored to announce that World Class Metallurgical Engineer and mining exploration expert, Mr. Paul Luna Belfiore, Eng., has assumed the position of Vice President of Mining/Minerals for WOGI South America SAA
Debary, FL May 23, 2016, World Oil Group, Inc. (OTC: WOGI) is pleased to announce World Oil Group, Inc. and WOGI- South America, S.A.A. has entered the Mining & Mineral Industry with one of South America’s Top Metallurgical and Mining Exploration Engineers. Fulfilling its Q2 to Q3 strategic objectives.
Lima Peru: WOGI’s President & CEO Nathan Hall in an informal meeting with POTG’s CEO Paul Luna was privy to an all too familiar story of how Mr. Luna was sought out by a group of penny stock bandits portraying themselves as legitimate businessman. Mr. Luna was specifically targeted due to his vast network of contacts and successful business entities in the mining and energy sectors in Peru and abroad. This group then manipulated Mr. Luna, hijacked his pedigree, profited from their schemes, then left Mr. Luna as the fall guy.
After an initial discovery phase, Mr. Hall performed an in depth analysis and audit of Mr. Luna´s situation and Portage Resources, Inc. and found him to be very guarded, yet transparent and forthcoming on both his personal situation and the add value he and Portage Resources can bring
to this industry and WOGI. Therefore, after several weeks of meetings and negotiations, Mr. Hall and Mr. Luna decided to form the WOGI and POTG alliance creating a formidable team and business alliance.
WOGI’s CEO, Nathan Hall during his due diligence phase of POTG discovered that Mr. Luna had not only been taken advantage of by the first group of penny stock bandits, but additionally, while POTG was in a lull period at a time when Mr. Luna was seeking new capital investment
partners, in Peru, a small group of sophisticated criminal, penny stock manipulators out of Las Vegas Nevada, decided to target Mr. Luna´s company POTG for a second hijacking. These “thugs”, realized that Mr. Luna had no more support or representation in the United States and these thugs formed a plan to victimize Mr. Luna, through an illegal yet organized hijacking of Mr. Luna´s company Portage Resources Inc.
Mr. Hall, through his various information assets, uncovered that the penny stock thugs had produced a fake contract with a false back story with a man named Sergio La Gresta who was never a part of POTG, executing a penny stock corporate coup d'état This was a blatant attempt to usurp Mr. Paul Luna Belfiore as the rightful President, CEO, CFO, Treasurer, Secretary and
Director at Portage Resources Inc.
These penny stock thugs went so far as to have filed false documents to the SEC, engaged an attorney for an opinion letter, filed press releases and accessed the OTC markets website to change information. WOGI will now file to have all of Mr. Luna’s rights and privileges restored, turn over all
documentation to the SEC, while continuing the process to finalize the alliance between WOGI and POTG with its goal to enter the Mining, Minerals, and precious metals industry. WOGI and POTG will aggressively seek joint venture mining and mineral concessions in a 50/50 partnership to help increases shareholder value in both companies. Mr. Paul Luna will remain as the President & CEO of POTG, and will announce organizational
changes to the new management teams in the following weeks
Mr. Paul Luna Belfiore is a metallurgical engineer with over 20 years of experience in the mining industry. During the first half of his career, he worked in several roles including production contracting and negotiating in various countries in South America with a focus on precious metals, such as Gold and Silver
From June 2005 to December 2007, he was the general manager of Ironman Mining in Peru, where he was in charge of contract negotiations and major drilling programs. From March 2003 to April 2008, he was General Manager of Goldmarca in Peru, participating in the Condor project drilling program where Goldmarca drilled one of the best intercepts in gold history with 50 Mts. of 18yrs. In 1996, he was promoted to Executive Director of El Misti Gold working in the commercial acquisitions area, where he was responsible for the Sinchao project (USD$12 Billion in metal reserves) amalgamation and Santa Rosa project. He worked for Brazilian Goldfields as Vicepresident
of Corporate development and was responsible for identifying, evaluating, and negotiating primarily in the Belem gold belt, Brazil. He has wealth of management and leadership experience. He has been a Director of Portage
Resources Inc. since May 30, 2011.
Mr. Luna is an experienced senior manager with broad international experience in developing resources, mining exploration, drilling and mining production. As the son of a great Peruvian Geologist, Mr. Luna has spent many years prospecting and acquiring world class mining properties in Peru. Throughout his career, Mr. Luna has also managed a number of well-respected Peruvian mining and exploration companies.
As Portage Resources Inc. President and CEO, Mr. Luna brings a wealth of management experience, leadership and commitment to the company. Mr. Luna will enhance the company's strategy to acquire exploratory geological operations and mineral assessments. Mr. Luna graduated in 1987 from the University of Lima in Metallurgical Engineering and is fluent in both English and Spanish.
About Portage Resources Inc.
Portage Resources Inc. is focused on the exploration and production of precious metals and base metals in Peru. Portage Resources Inc. plans to recognize, and acquire near-term productive mining properties in the country of Peru and globally., Portage Resources Inc. brings with them a seasoned and experienced Peruvian management team, and research and exploration group. This group has been challenged to research, review and prove any reserves for the purpose of development and production.
WOGI- South America, S.A.A is a diversified company that has multiple divisions in the
following areas:
Petroleum
Construction
Agricultural
Commodities
Mining/Minerals
Business Services
Real Estate.
WOGI’s CEO Nathan Hall has been in Lima, Peru, since Aug 25, 2015 and has identified multiple opportunities in the petroleum industry, mining industry and construction industry, and agricultural estates to scale. WOGI-South America, S.A.A. and its American support team will identify and analyze various opportunities within its market space with the purpose to propose
acquisitions, Joint Ventures and mergers. WOGI’s Strength is that is has world class leaders in diverse academic and business fields with
extensive in-field experience that allows WOGI’s team to move rapidly, and effectively with surgical precision. Necessary in today’s fast paced International marketplace.
WOGI CORPORATE NOTE:
World Oil Group, Inc.is a company in its developmental stage that has acquired a public company via a reverse merger of a mis-managed corporation, through a debt acquisition
World Oil Group, Inc
OTC: WOGI
Press Release:
Word Oil Group Inc./Portage Resources Stock Purchase Agreement
agreement and sub sequential company re-organization. Responsible and meaningful leadership has been implemented. In addition to the senior leadership, WOGI has identified and implemented its Olin to create a robust team of experts and professionals in their respective fields to execute a scaled and quantifiable business plan. This team through both its expertise and vast network of contacts shall be the vanguard of WOGI
and its future endeavors. Since the acquisition 13 months ago, World Oil Group, Inc. has paid off all the convertible debt to Baron Capital (the previous owner(s)), cleaned up its corporate mess and mis-management, and met all its benchmarks as it stated in its Press Releases to date. World Oil Group’s team has spent time evaluating value add opportunities, hand picking a world
class team with measurable accomplishments, acquired asset(s) and built a solid company that is diverse and balanced.
WOGI is continuing to acquire assets with its strategic partners and by the time WOGI’s CEO returns from his negotiations from Lima, Peru, WOGI will have far surpassed its benchmark. It’s now truly positioned for growth.
World Oil Group, Inc. has balanced out its portfolio via its new subsidiary WOGI South America, S.A.A. Operations based in Lima, Peru.
World Oil Group, Inc.’s CEO Nathan Hall is committed to serious growth and is always evaluating capital partner(s). for potential grow opportunities. WOGI is seeking capital partners and financing for the above mentioned projects in Peru. Contact WOGI at worldloilgroupinc@gmail.com
About World Oil Group, Inc.
World Oil Group, Inc. is an international petroleum company that uses actionable intelligence from its strategic relationships to target and identify niche market opportunities both in the Unites States and internationally.
World Oil Group, Inc.'s executive team and advisers have a vast experience in hostile and emerging markets where oil field and mining operations are the dominant source of revenue. WOGI´s team is composed of highly motivated professionals coming from the international business sector as well as government/Military assets. WOGI's team/advisors range from a double Post Doctorate in Petroleum/Mining Engineering to a Princeton University PhD graduate in Economics to an International Ambassador(s) to US Military Paratrooper(s) to British Special Forces to Graduate of Harvard Executive Studies Program to a former V.P. of Business Development of a multibillion dollar corporation and Military intelligence analysts.
WOGI's team and advisors have worked on every major continent in the world at multiple levels of government and private sector business.
World Oil Group, Inc., engages in various vertical and horizontal opportunities within the petroleum markets such as Oil Exploration, Enhanced Oil Recovery, Hydro Carbon Remediation, Energy Trading, Oil & Gas Industry Product/Equipment Sales, Oil Field Security and Pioneering
Micro & Nano refinery operations World Oil Group, Inc. continues to seek opportunities in niche markets where it can use its international experience and "boots on the ground" strategic relationships to continue leveraging
its analytical experience in emerging markets and continue to grow shareholder value. WOGI will continue increasing shareholder value by serving niches areas of opportunity and not casting its self too deep in one area as to get caught in the downturn of the oil markets that are politically controlled and not market driven.
EPA Petroleum, Inc. "EPA" is a wholly owned subsidiary of World Oil Group, Inc. (WOGI). The Company is an independent producer of crude oil and natural gas. EPA Petroleum is actively involved in drilling activities within the Commonwealth of Pennsylvania using its subcontract drilling partner.
World Oil Group, Inc. is now taking the path breaking challenge to lead the world on its "Sustainable Oil & Gas Field Model" implementing the concepts and related applications model in the Petroleum Industry. WOGI is always seeking new opportunities in the petroleum industry and will look to develop economic growth in the areas it works. As WOGI enters into a market, it
will seek to help bring jobs within its foot print. World Oil Group's vision is to grow exponentially with the Petroleum Industries using "The Sustainable Oil & Gas Fields" concepts and applications for E&P & EOR, and Energy Trading in the USA and around the world.
The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and
unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things,
uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect
circumstances or events that occur after the date the forward-looking statements are made.
For more information, contact:
CONTACT:
Grace Carlton, Chief Communications Officer
World Oil Group, Inc.
Ph. 407-777-9228
www.WorldOilGroup.com
Twitter.com/epapetroleum
facebook.com/epapetroleum
World Oil Group, Inc., has signed a Stock Purchase Agreement to purchase 480,000,000 shares (four hundred and eighty million shares) of former Peruvian Mining/Minerals Giant Portage Resources, Inc. OTC: (POTG).
Portage Resources, Inc. had a previous market valuation in excess of $480 million Dollars. WOGI/WOGI- South America, S.A.A. is honored to announce that World Class Metallurgical Engineer and mining exploration expert, Mr. Paul Luna Belfiore, Eng., has assumed the position of Vice President of Mining/Minerals for WOGI South America SAA
Debary, FL May 23, 2016, World Oil Group, Inc. (OTC: WOGI) is pleased to announce World Oil Group, Inc. and WOGI- South America, S.A.A. has entered the Mining & Mineral Industry with one of South America’s Top Metallurgical and Mining Exploration Engineers. Fulfilling its Q2 to Q3 strategic objectives.
Lima Peru: WOGI’s President & CEO Nathan Hall in an informal meeting with POTG’s CEO Paul Luna was privy to an all too familiar story of how Mr. Luna was sought out by a group of penny stock bandits portraying themselves as legitimate businessman. Mr. Luna was specifically targeted due to his vast network of contacts and successful business entities in the mining and energy sectors in Peru and abroad. This group then manipulated Mr. Luna, hijacked his pedigree, profited from their schemes, then left Mr. Luna as the fall guy.
After an initial discovery phase, Mr. Hall performed an in depth analysis and audit of Mr. Luna´s situation and Portage Resources, Inc. and found him to be very guarded, yet transparent and forthcoming on both his personal situation and the add value he and Portage Resources can bring
to this industry and WOGI. Therefore, after several weeks of meetings and negotiations, Mr. Hall and Mr. Luna decided to form the WOGI and POTG alliance creating a formidable team and business alliance.
WOGI’s CEO, Nathan Hall during his due diligence phase of POTG discovered that Mr. Luna had not only been taken advantage of by the first group of penny stock bandits, but additionally, while POTG was in a lull period at a time when Mr. Luna was seeking new capital investment
partners, in Peru, a small group of sophisticated criminal, penny stock manipulators out of Las Vegas Nevada, decided to target Mr. Luna´s company POTG for a second hijacking. These “thugs”, realized that Mr. Luna had no more support or representation in the United States and these thugs formed a plan to victimize Mr. Luna, through an illegal yet organized hijacking of Mr. Luna´s company Portage Resources Inc.
Mr. Hall, through his various information assets, uncovered that the penny stock thugs had produced a fake contract with a false back story with a man named Sergio La Gresta who was never a part of POTG, executing a penny stock corporate coup d'état This was a blatant attempt to usurp Mr. Paul Luna Belfiore as the rightful President, CEO, CFO, Treasurer, Secretary and
Director at Portage Resources Inc.
These penny stock thugs went so far as to have filed false documents to the SEC, engaged an attorney for an opinion letter, filed press releases and accessed the OTC markets website to change information. WOGI will now file to have all of Mr. Luna’s rights and privileges restored, turn over all
documentation to the SEC, while continuing the process to finalize the alliance between WOGI and POTG with its goal to enter the Mining, Minerals, and precious metals industry. WOGI and POTG will aggressively seek joint venture mining and mineral concessions in a 50/50 partnership to help increases shareholder value in both companies. Mr. Paul Luna will remain as the President & CEO of POTG, and will announce organizational
changes to the new management teams in the following weeks
Mr. Paul Luna Belfiore is a metallurgical engineer with over 20 years of experience in the mining industry. During the first half of his career, he worked in several roles including production contracting and negotiating in various countries in South America with a focus on precious metals, such as Gold and Silver
From June 2005 to December 2007, he was the general manager of Ironman Mining in Peru, where he was in charge of contract negotiations and major drilling programs. From March 2003 to April 2008, he was General Manager of Goldmarca in Peru, participating in the Condor project drilling program where Goldmarca drilled one of the best intercepts in gold history with 50 Mts. of 18yrs. In 1996, he was promoted to Executive Director of El Misti Gold working in the commercial acquisitions area, where he was responsible for the Sinchao project (USD$12 Billion in metal reserves) amalgamation and Santa Rosa project. He worked for Brazilian Goldfields as Vicepresident
of Corporate development and was responsible for identifying, evaluating, and negotiating primarily in the Belem gold belt, Brazil. He has wealth of management and leadership experience. He has been a Director of Portage
Resources Inc. since May 30, 2011.
Mr. Luna is an experienced senior manager with broad international experience in developing resources, mining exploration, drilling and mining production. As the son of a great Peruvian Geologist, Mr. Luna has spent many years prospecting and acquiring world class mining properties in Peru. Throughout his career, Mr. Luna has also managed a number of well-respected Peruvian mining and exploration companies.
As Portage Resources Inc. President and CEO, Mr. Luna brings a wealth of management experience, leadership and commitment to the company. Mr. Luna will enhance the company's strategy to acquire exploratory geological operations and mineral assessments. Mr. Luna graduated in 1987 from the University of Lima in Metallurgical Engineering and is fluent in both English and Spanish.
About Portage Resources Inc.
Portage Resources Inc. is focused on the exploration and production of precious metals and base metals in Peru. Portage Resources Inc. plans to recognize, and acquire near-term productive mining properties in the country of Peru and globally., Portage Resources Inc. brings with them a seasoned and experienced Peruvian management team, and research and exploration group. This group has been challenged to research, review and prove any reserves for the purpose of development and production.
WOGI- South America, S.A.A is a diversified company that has multiple divisions in the
following areas:
Petroleum
Construction
Agricultural
Commodities
Mining/Minerals
Business Services
Real Estate.
WOGI’s CEO Nathan Hall has been in Lima, Peru, since Aug 25, 2015 and has identified multiple opportunities in the petroleum industry, mining industry and construction industry, and agricultural estates to scale. WOGI-South America, S.A.A. and its American support team will identify and analyze various opportunities within its market space with the purpose to propose
acquisitions, Joint Ventures and mergers. WOGI’s Strength is that is has world class leaders in diverse academic and business fields with
extensive in-field experience that allows WOGI’s team to move rapidly, and effectively with surgical precision. Necessary in today’s fast paced International marketplace.
WOGI CORPORATE NOTE:
World Oil Group, Inc.is a company in its developmental stage that has acquired a public company via a reverse merger of a mis-managed corporation, through a debt acquisition
World Oil Group, Inc
OTC: WOGI
Press Release:
Word Oil Group Inc./Portage Resources Stock Purchase Agreement
agreement and sub sequential company re-organization. Responsible and meaningful leadership has been implemented. In addition to the senior leadership, WOGI has identified and implemented its Olin to create a robust team of experts and professionals in their respective fields to execute a scaled and quantifiable business plan. This team through both its expertise and vast network of contacts shall be the vanguard of WOGI
and its future endeavors. Since the acquisition 13 months ago, World Oil Group, Inc. has paid off all the convertible debt to Baron Capital (the previous owner(s)), cleaned up its corporate mess and mis-management, and met all its benchmarks as it stated in its Press Releases to date. World Oil Group’s team has spent time evaluating value add opportunities, hand picking a world
class team with measurable accomplishments, acquired asset(s) and built a solid company that is diverse and balanced.
WOGI is continuing to acquire assets with its strategic partners and by the time WOGI’s CEO returns from his negotiations from Lima, Peru, WOGI will have far surpassed its benchmark. It’s now truly positioned for growth.
World Oil Group, Inc. has balanced out its portfolio via its new subsidiary WOGI South America, S.A.A. Operations based in Lima, Peru.
World Oil Group, Inc.’s CEO Nathan Hall is committed to serious growth and is always evaluating capital partner(s). for potential grow opportunities. WOGI is seeking capital partners and financing for the above mentioned projects in Peru. Contact WOGI at worldloilgroupinc@gmail.com
About World Oil Group, Inc.
World Oil Group, Inc. is an international petroleum company that uses actionable intelligence from its strategic relationships to target and identify niche market opportunities both in the Unites States and internationally.
World Oil Group, Inc.'s executive team and advisers have a vast experience in hostile and emerging markets where oil field and mining operations are the dominant source of revenue. WOGI´s team is composed of highly motivated professionals coming from the international business sector as well as government/Military assets. WOGI's team/advisors range from a double Post Doctorate in Petroleum/Mining Engineering to a Princeton University PhD graduate in Economics to an International Ambassador(s) to US Military Paratrooper(s) to British Special Forces to Graduate of Harvard Executive Studies Program to a former V.P. of Business Development of a multibillion dollar corporation and Military intelligence analysts.
WOGI's team and advisors have worked on every major continent in the world at multiple levels of government and private sector business.
World Oil Group, Inc., engages in various vertical and horizontal opportunities within the petroleum markets such as Oil Exploration, Enhanced Oil Recovery, Hydro Carbon Remediation, Energy Trading, Oil & Gas Industry Product/Equipment Sales, Oil Field Security and Pioneering
Micro & Nano refinery operations World Oil Group, Inc. continues to seek opportunities in niche markets where it can use its international experience and "boots on the ground" strategic relationships to continue leveraging
its analytical experience in emerging markets and continue to grow shareholder value. WOGI will continue increasing shareholder value by serving niches areas of opportunity and not casting its self too deep in one area as to get caught in the downturn of the oil markets that are politically controlled and not market driven.
EPA Petroleum, Inc. "EPA" is a wholly owned subsidiary of World Oil Group, Inc. (WOGI). The Company is an independent producer of crude oil and natural gas. EPA Petroleum is actively involved in drilling activities within the Commonwealth of Pennsylvania using its subcontract drilling partner.
World Oil Group, Inc. is now taking the path breaking challenge to lead the world on its "Sustainable Oil & Gas Field Model" implementing the concepts and related applications model in the Petroleum Industry. WOGI is always seeking new opportunities in the petroleum industry and will look to develop economic growth in the areas it works. As WOGI enters into a market, it
will seek to help bring jobs within its foot print. World Oil Group's vision is to grow exponentially with the Petroleum Industries using "The Sustainable Oil & Gas Fields" concepts and applications for E&P & EOR, and Energy Trading in the USA and around the world.
The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and
unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things,
uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect
circumstances or events that occur after the date the forward-looking statements are made.
For more information, contact:
CONTACT:
Grace Carlton, Chief Communications Officer
World Oil Group, Inc.
Ph. 407-777-9228
www.WorldOilGroup.com
Twitter.com/epapetroleum
facebook.com/epapetroleum
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