Worthington Energy, Inc. (fka WGASQ)

[ezillionaire]

The reason why I bought WGAS today.

During 2011, Worthington Energy, Inc. acquired a 70% working interest in 546.9 acres in the Vermilion 179 (VM 179) track located in the shallow waters of the Gulf of Mexico, offshore from Louisiana. adjacent to Exxon’s extremely productive VM 164 #A9 well.



The immediate beneficial financial impact to the company resulting from this Vermilion 179 acquisition.



***Nearly ten-fold increase in oil and gas property assets.

***From $587,886 as of December 31, 2010 to $6,286,449 as of June 30, 2011

***A 937% increase in total assets, to $6.76 million on June 30, 2011 as compared to $0.65 million on December 31, 2010.

***The Acquisition Contains Oil and Gas Reserves Valued at Over $90 Million


and once they start digging..do the math.

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