Standard Oil Co. (SOCU.pk) rumors abound that the company will release industry shattering news within a week as this company moves forward and rebrands itself in a makeover from the company that was dismantled by the Gov’t in the 1960’s for being too big.
Unconfirmed rumors that current oil production and revenues will be augmented by a recently discovered technology in the industry. The compnay has been very closed about developments however the August 9/10 press release offers us a glimpse of the future
Upon completing, the purchase of these Natural Gar / Coal Bed Methane Properties, Standard Oil will quickly begin to realize revenues from them within about 60 days. We estimate these revenues to run close to $30 Million per year.