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Thursday, 09/19/2019 2:09:39 PM

Thursday, September 19, 2019 2:09:39 PM

Post# of 127563

Mr. Garcia received his B.S in Geology from West Texas A&M University In Canyon. Mr. Garcia has worked as a geological consultant for various independent oil & gas companies. He has experience drilling in the Bakken Shale in North Dakota, Texas and Oklahoma. Mr. Garcia possesses valuable field and management experience regarding all aspects of the energy and oil and gas industries. Adrian is also a HAZWOPER 40HR Waste Site Worker 29CFR1910.120 certified, allowing him to work in any restricted or contaminated sites. He has discovered over 100 million barrels in reserves in Texas using GeoEnhanced's electroseismic technology

So- what happened to GEO's revenue as a result? Didn't Craig Fischer state in this week's PR that their business plan includes revenue from a share of the recovered oil? if they got just a penny from each of those 100,000,000 barrels, that would be a $1,000,000 payday.

GEO’s business is primarily a service model where they image property for third party exploration companies. Revenues are generated from a combination of flat fees charged per acre plus an override percentage on production that results from using the information provided.