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Re: A deleted message

Thursday, 03/19/2015 9:49:18 AM

Thursday, March 19, 2015 9:49:18 AM

Post# of 96247
The chances are right now that the margins for EOR products will be much higher than the margins for oil extraction due to the collapse of oil prices. It's a balance that will change over time as oil recovers.

E&P companies in the O&G sector have an interest in lowering the extraction price of oil in order to remain profitable in the current oil bear market. That's the common theme for all EOR providers.

Note that WOGI through EPA has established relationships in the MENA, Gulf and Central/South American regions. This is enhanced with Dr. Armacanqui on board.

"...WOGI will complete the exclusive International Distribution and Marketing rights agreement with Environmental Protection Associates, Inc. for all products manufactured by Environmental Protection Associates, Inc., by March 1, 2015. Dr. Armacanqui will begin working to expand and implement the usages for WOGI's Profitable, Clean & Green Technologies in a host of ways in the MENA, Gulf and Central/South American regions, where he has spent the last 15 years working in and out for major International O&G companies...."

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