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Replies to post #211400 on Money Runners
01/16/13 3:34 PM
Authorized Shares 750,000,000 a/o Sep 30, 2012
On Track Technology Solutions Finalizes 1.3 Million Dollar Acquisition
EAST HANOVER, N.J., Sept. 24, 2012 /PRNewswire via COMTEX/ -- Unity Management Group (otc
pink:UYMG), a business resource and service company, is pleased to announce its wholly owned
subsidiary, On Track Technology Solutions Inc. (OTT), Has contracted to acquire two leases. The
Tullos Heirs # 009665 and the Tulles Heirs Stenco # 9670 with a combined 15 wells on 86 acres
with a PV-20 and significant potential reserves.
"Once the seller has completed all contractual obligations the leases should generate approximately
a net of $40,000.00 per month in revenue. We believe the current wells will produce for
approximately the next 30 years," said Eddie Schilb president of OTT. Additionally, we are able to
drill at least 50 new wells without over producing the lease with multiple formations. For instance,
we are able to drill the Wilcox formation at 1500-1700 feet, and then it is standard to move over
30 feet and drill the Sparta formation at 900+ feet. The cost of a new turnkey Sparta well as of last
week was quoted $75,000. We can expect that well to have Initial Production rates at 6-12 barrels
per day from the Sparta formation. The cost of a turnkey Wilcox was quoted last week at $85,000.
We can expect Initial Production rates from this zone at 18-22 barrels per day from the Wilcox
formation. The wells will decline however they could and are expected to produce for the next 30-
50 years. Another great thing is the bonus per barrel we receive each month. August we received a
$15 per barrel bonus. The lowest has been $11 bonus per barrel. We receive exceptionally high
bonuses.
Josh Mcalpine, Certified Petroleum Land man and Chief Operations Officer, quoted, all together, "I
feel this lease is an amazing opportunity with all the added benefits."
About Unity Management Group, Inc.Unity Management Group, Inc. maintains a network of contacts
in the financial community. Our experience facilitates the development of relationships that may
lead to financing, joint ventures and other opportunities that are so essential in this age of
business and technological relationships.
Unity Management Group, a business resource company, will continue to provide innovative
management services that offer high value and significant return on investment through its three
subsidiary companies: Unity Capital Acquisitions, Unity Technologies Inc., and United Business
Services Inc.
Unity Technologies Inc. is a complete software solutions company offering billing, electronic
medical records, and electronic health records for physicians' offices and hospitals. Unity Capital
Acquisitions will focus on building and accelerating growth oriented companies, with the intent of
spinning them out to our shareholders as separate public companies.
For more information please go to our websites which can be found at
http://www.unitymanagementgroup.com
http://www.mcc-online.com
http://www.ontracktechnology.net
About On Track Technology Solutions:On Trac Technologies Solutions Inc. is a service, heavy
Equipment and production company. They develop solutions through their R&D department and
through the services department. They work with other service companies and are available to
preform services and provide equipment to their company fields after acquisition, to third party
companies for hire and for state and regulatory agencies projects. On Trac combines existing
technologies for production equipment, EOR equipment, treatments (chemicals, CO2, Nitrogen and
mixtures) and processes to provide unique solutions and enhancements for service, hydrocarbon
production, and building of structures/infrastructures. On Trac Technologies Solutions Inc. may
identify service and acquire energy properties with previously discovered known oil and gas
reserves that have not either been fully produced, or fully developed and defined. They will
accomplish this through joint venture, farm outs, acquisition, third party service fee, or other
means. Such as utilizing new and existing proprietary technologies. Additionally they will be
providing equipment, preform heavy equipment construction work in multiple industries, providing
multiple services; depending on the need of a project. On Trac believes the oil gas industry and
EOR segment is a rapid booming field; On Trac expects to generate profit in this field as well in
other fields of operation.
On Track Technology Inc. uses multiple patent technologies for Enhanced Oil Recovery (EOR) gas
treatment. We will use this patented technology with other proven EOR technology currently used in
the industry. Throughout the United States there are primary depleted oil reservoirs representing
billions of barrels of oil that lend themselves to the use and exploitation of Enhanced Oil Recovery
and On Track Technology Inc.'s proven patented technology. Without EOR technology, these
reservoirs will produce only about 20% of their Original Oil in Place. Gas injection EOR is a proven
method that has been in use over the last 50 years in the oil fields of West Texas, Kansas,
Oklahoma, Michigan, Wyoming and Oklahoma.
AI
