Monday, May 08, 2017 5:34:56 PM
"Wroblewski Oil and Gas Company, (WOGC), is in the final stages of due diligence to acquire a 24% Working Interest in eleven (11) oil prospects in the state of Illinois.
The 11 potential wells are located in the Illinois Basin in the counties of DeWitt, Christian, Washington and Shelby. Drilling of the first wells is forecasted to begin within the next few months. Drilling depths are expected to be on the order of 1,000 to 5,000 feet per well. The Illinois Basin covers approximately 60,000 square miles across Illinois, Indiana, and Kentucky. Since the initial discovery of oil in the Illinois Basin in 1886, it has produced approximately 4 billion barrels of oil and an estimated 4 trillion cubic feet of natural gas."
"This is an extremely exciting long-term turnkey opportunity for our Company and we believe these wells have significant upside potential with a high rate of return of about 30% per year,"
And this year:
Wroblewski Oil & Gas Co located in Zelienople, PA
Infofree Business Profile:
Number of Employees 5 to 9
Annual Revenue $2.5 to 5 Million
Let's give him time to get it done!!
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