Worthington Energy, Inc. (fka WGASQ)

[AUDACIOUSWON]

This is a good site I found if anyone is interested in learning more about investing in oil companies like WGAS:

http://www.oilwellinvestmentcompanies.com/


Relevant article:

There are many instances where new wells are drilled in the same holes as the old wells which can even broaden the chance for a successful venture. Of course first the well must be analyzed to determine if this is economically feasible. In some cases it may be more economical to just drill a new well adjacent to the old one.

Statistics offer a very compelling reason for dealing with oil well investment companies who specialize in this type of operation. It appears that in most cases due to old equipment and poor drilling techniques, a very large percentage of the oil is left in the ground. This can mean substantial returns for the savvy investor who is fortune enough to purchase a partnership with a company that has acquired a lease on the right property.

Due to the very generous tax deductions allowed by the government and extremely low interest rates being paid by financial institutions, this could be the perfect time to invest in an oil well venture with an established and conservative company.