NEVADA OIL DISVOVERY - Some further info on US oil & gas (USLGF) Under 42million shares in issue. Fully funded for the next drill and survey of the remaining acreage of which they own 100%. Eblana 1 (on the edge of the anomaly) - 1,100ft net pay 24% porosity. 15 - 20 zones were being tested. Eblana 2 is bigger than Eblana 1 CEO has previously mentioned $1 - $2 million dollars a day revenue from these 1st couple of drills, thus self funding the entire operations thereafter. 2nd drill will begin very soon. CEO is approx a 9% shareholder. Workers have been accepting their pay in shares rather than in cash. No coincidence that those who took place in the last placing were all from the same neighborhood as the CEO. Latest placing was only about 285000 shares, CEO is not looking to dilute this company. Get researching or just listen out for this to be broken on the US state news.
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