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World Oil Group, Inc., is Finalizing Terms to Become an International Wholesale Distributor of a U.S. Based Oil & Gas Product Supply Company for the Middle East and North Africa

Thu, Aug 20, 2015, 9:39 AM EDT

http://finance.yahoo.com/news/world-oil-group-inc-finalizing-200100528.html

This mutual agreement will also allow WOGI to have its EOR/Remediation product lines reciprocated in their product line up in the United States. The sales channel for O&G supplies and the sale of Enhanced Oil Recovery products in emerging markets opens the potential market for millions of dollars of additional revenue

DEBARY, FL / ACCESSWIRE / August 19, 2015 / World Oil Group, Inc. (WOGI) is pleased to announce under EOR360, Inc. brand, WOGI will become a wholesale distributor in the Middle East and North Africa for product lines relating to the Oil and Gas drilling and supply industry.

Our CEO Mr. Nathan Hall will use his personal relationships and local partners of WOGI to help distribute the products overseas. The multimillion dollar private company currently only services the United States and has wanted to get into the international O&G market space. In exchange for adding the recently acquired EOR-PRS Paraffin Remediation Solution/Remediation products, Global Environmental Cleaner and Hydro-Clean to their product list, WOGI will open international markets to them and act as the wholesale distributor.

The ability to hedge these products to emerging markets gives WOGI another revenue stream in the O&G sector, instead of just relying upon drilling for oil. The EOR industry is very explosive in growth, now with Oil prices staying low. The company needs to maximize each and every well to extract Oil at the lowest cost to stay competitive.

About World Oil Group, Inc.

World Oil Group, Inc. (WOGI) is a petroleum company that has traditionally focused on Oil & Gas Exploration in the Pennsylvania markets by and through its wholly owned subsidiary EPA Petroleum, Inc. First Quarter, WOGI is scaling up operations in the MENA, Gulf and Central/South American regions in 2015, the company will keep its shareholders updated.

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, Communications Director
World Oil Group, Inc.
Ph. 407-777-9228
[e-mail]
www.WorldOilGroup.com
Twitter.com/epapetroleum
facebook.com/epapetroleum