I Nathan Hall, World Oil Group, Inc.’s, President & CEO would like to take the time to give you a general overview of what we have been doing the past few months.
World Oil Group, Inc. is focused on building an international company that focuses on the functional items in a society. I.E. Petroleum, Agriculture, Food, and Minerals/Metals. We believe that if we can manage it, process it, and sell it, we can hedge against down turn in the markets because we have a better cross trained leadership, that is an integrated working leadership.
In the petroleum sector, WOGI will strive to take over concessions, build micro oil refineries and sell refined fuel directly to end users and by through WOGI’s CEO Service Connected Disabled Veteran Preference to the US Government.
In the mining sector, WOGI will strive to take over concessions, work to JV with mineral processors, then sell the minerals and metals at our trade desk.
In the food sector, WOGI will strive to sell bulk food items from the Andean region and its new Chinese canned food providers. WOGI has secured multiple food items that will be forthcoming on its food commodities website.
I hope you can see and continue to support the vison of WOGI as we continuously strive to build the company.
Thank you,
Nathan Hall, Present & CEO
World Oil Group, Inc.
I. Overview
World Oil Group Inc. is a developmental stage company that has been going through a host of transitional pains from its reverse merger of a debt free private company EPA Petroleum, Inc. into a public vehicle Cyber Kiosk Solutions, Inc. k/n/a/ World Oil Group, Inc. riddled with a host of issues that’s taken much time away from its core business to work its way through the morass.
World Oil Group, Inc. has set the path of recovery by investing its time in Peru and developing deep relationships that will help the company grow in a host of areas on solid ground.
WOGI South America, S.A.A. is the balancing arm of World Oil Group, Inc. to hedge against the down turn of the Oil industry by establishing a general business arm in Peru registered in Petroleum/Extraction/Refinery Operations, Agricultural, Commodities Trading, and Minerals/Gold/Silver/Copper.
II. History, Sales and Earnings
Sales and earnings have taken a hit from the down turn in the oil market and the lack in funding to fulfil the strategies of the company.
WOGI shut down the operating oil wells until the market rebounds at $60 barrel to reduce capital losses in flush production. Doing this allows WOGI to use the natural reservoirs as storage tanks. Thus, keeping flush production for when market prices increase.
May 2015, World Oil Group, Inc. lost an opportunity to begin building a 5K barrel a day oil refinery in Freeport Bahamas due to Baron Capital Enterprise, Inc.’s false claims of being able to fund the $75million dollar Oil Refinery Project.
June 2015, BCAP’s President and CEO Matt Dwyer and his insider BCAP associate Derrick Lefoe made claims that BCAP by and through Derrick Lefoe’s brother (a bond trader in London) could fund the 5k BOPD Oil Refinery in Freeport Bahamas in the amount of $75million dollars if WOGI’s CEO Nathan Hall brought back an LOI from the Grand Bahamas Port Authority to support the project.
WOGI’s CEO got the LOI and BCAP could not perform, thus causing WOGI to lose the $75million dollar oil refinery project on Matt Dwyer’s(BCAP) inability to perform. Matt Dwyer made false claims to WOGI and could never perform on its claims causing millions dollars of loss of shareholder value and revenue to WOGI.
August 2015, BCAP’s Matt Dwyer made promises to WOGI’s CEO Nathan Hall and Neil Parkin of a 6-month budget in the amount of $80k that BCAP would finance for the trip to Peru and corporate expenses. WOGI’s CEO got to Peru and BCAP never came through on anything as promised by Matt Dwyer. WOGI’s CEO Nathan Hall paid Dr. Sam $20K dollars and financed all operations (Note: WOGI received $5k from one person and $6k from another).
Matt Dwyer and his inside team of shorters’, shorted millions of shares in the market trying to collapse WOGI’s stock all the while trying make offers to take WOGI back. WOGI would not fold and Matt Dwyer went on the attack by and through Derrick Lefoe trying to get shareholders to turn on WOGI by using false propaganda. Matt Dwyer, Derrick Lefoe and Dr. James Bennett start plotting to steal WOGI’s intellectual material for First Business Holding and Bahamas Development Corporation (KSTV)
September 2015, WOGI’s CEO initially came to Peru to sing a contract on an oil field Dr. Sam had been working on for the past year. When WOGI’s CEO arrived in August the very next month the oil concession Block 192 became a major controversy with locals wanting Petro Peru to operate the concession. The concession went to a congressional vote and became political nightmare for congress to rule on. It’s since rolled into a presidential election and most all decisions will be halted until after the final June 2016 presidential elections here in Peru.
September/October 2015, Matt Dwyer/Derrick Lefoe/ Dr. James Bennet started colluding to steal WOGI’s proprietary information and clients list of potential EOR clients WOGI’s CEO and Xite’s Jon Malis just visited in Louisiana.
October 2015, World Oil Group, Inc. did a presentation to Itau BBA bank to acquire the bankruptcy assets of Maple Gas Corporation del Peru SLR in the amount of 52 million dollars via a debt restructuring and 3 years delayed payments. Itau BBA introduced WOGI to the new owners of the assets.Maple Resources Corporation.
October 2015 to January 2016, World Oil Group, Inc. was engaged with Maple Resources Corporation in negotiations to JV on Block 31D Agua Caliente Oil Field and Block 31B Maqui Oil Field in the Loreto Region.
November 2015, WOGI flew to Pucallpa and Contamana in northeastern Peru to a site survey and proposal for the JV.
December 2015, Maple asked WOGI if they would work through the holidays. WOGI stayed in country to perform on the JV contract. Maple staled, all the while, asking for WOGI’s help and guidance all through the holidays.
January 2016, WOGI was expecting to sign a contract, Maple wanted WOGI’s COO Dr. Sam to meet with their engineer Oscar Cardenas to put together a plan for a pilot program, they got operational information and suspended the contract based on low oil prices.
January 2016, World Oil Group Inc. ‘s CEO met up with an old US Army friend who had been living in Peru for 10 years and working in the region for over 18 years, retired Chief Warrant Officer Richard Varriale. Chief Varriale is a retired Black Hawk Pilot and Intelligence Officer who wife and children are Peruvian.
Chief Varriale has since introduce WOGI’s CEO to most of Peru’s upper echelon and Peru’s 4th largest oil producer and (former US Army Veteran) Olympic Oil.
February/March/April/May 2016, WOGI has brought in Jose Montez an 8 year veteran minerals trader to run WOGI’s Mineral/Metals/Gold trade desk.
WOGI is currently engaged with miners directly with Soft Corporate Offers directly to WOGI in excess 2400kg of gold availability for exportation with all legal documentation from Peru, Ecuador, & Colombia. WOGI is receiving offers by the week from this trade desk with discount ranging from 2% to 5% total discount pint for 90% to 98% Gold Dore Bar.
WOGI has brought in veteran food commodities broker Carlos Antonio Leon who is a 10-year veteran of the food commodity industry to run the WOGI Foods trade desk.
III. Financial
World Oil Group, Inc. has been self-funded by its CEO Nathan Hall and has taken in less than $15K dollars from outside private placement investors since Aug 28, 2014.
World Oil Group Inc.’s CEO and other interested parties have not attempted to clear or sell their stock to raise money.
World Oil Group, Inc. is currently seeking funding by and through private partnerships in London and China to build one of two Oil Refineries World Oil Group, Inc. has identified as potential build out sites. Each of the refinery operations will be in the range of $75million to $100million dollars.
World Oil Group, Inc. has not had any earnings in 2016 as it has been building its operations in Peru.
WOGI expects to see profits from its gold sales in 3rd quarters 2016 and profits from its food commodities sales in 4th quarter 2016.
World Oil Group, Inc. is currently in negotiations with a financial institution in Hong Kong for operational funding based on WOGI’s commodity trade desk and ability to purchase gold ore from directly from artisanal miners in Peru and sell it to processing plants.
IV. Achievements
World Oil Group Inc. has expanded its base of products by and through WOGI South America, S.A.A.’s commodities trade desk to include Food Commodities, Dore Gold, Silver, Copper, Titanium, Copper, Anthracite Coal Sulphates/Concentrates and base metals.
World Oil Group, Inc. is in negotiations for a small oil concession and mining concession by and through an assignment of concession to expand its asset base and seeking operational funding to build out its project.
WOGI has brought in Jose Montez an 8 year veteran minerals trader to run WOGI’s Mineral/Metals/Gold trade desk.
WOGI is currently engaged with miners directly with Soft Corporate Offers directly to WOGI in excess 2400kg of gold availability for exportation with all legal documentation from Peru, Ecuador, & Colombia. WOGI is receiving offers by the week from this trade desk with discount ranging from 2% to 5% total discount pint for 90% to 98% Gold Dore Bar.
WOGI has brought in veteran food commodities broker Carlos Antonio Leon who is a 10-year veteran of the food commodity industry to run the WOGI’s Food Trade Desk.
V. Changes in Management or Board of Directors
WOGI South America, S.A.A. is pleased to have added Jose Montez as the Director of the WOGI Metals/Mineral Trade Desk and Carlos Antonio Leon as the Director of the WOGI Food Commodities Trade Desk.
Dr. Samuel Armacanqui is WOGI South America’s Technical Director and Chief Richard Varriale is the personal advisor to WOGI’s CEO Nathan Hall.
WOGI’s CEO is in talks with a Renowned Engineer/Metallurgist to become WOGI’s VP of Mining/Minerals. TBA
VI. Outlook
2016 is a year of significant progress for the company. We are executing several complex initiatives and continued to make great strides in delivering on the strategic initiatives that we have been working on for more than three years to improve the World Oil Group Inc.’s international presence. Overall, the company’s operations, competitive posture and foundation for profitable growth are all stronger today than a year ago.
VII. Closing
We at World Oil Group, Inc. would like to thank you for being a part of the WOGI family. We ask for your continued support as we grow WOGI into and internationally recognized company.
WOGI is here to stay! We thank all of you for your support.
