Fracking Begins on Well #2 Tomorrow!

DEBARY, FL / ACCESSWIRE / May 6, 2015 / World Oil Group, Inc. (PINKSHEETS: WOGI) has completed fracking on the 1st well of a 10 well project and will begin fracking its second tomorrow. A new well will be fracked every 10 to 14 days or sooner if possible.

The first completed fracked well showed strong reserves during the fracking process. The pump jack will be installed on this well by the end of the week and should begin pumping oil next week.

The timing of the first well going into production couldn't be better with WTI hitting $60.00 a barrel and showing signs of closing at $65-$75 by the third quarter.

The Company will complete the fracking on the first 5 wells and place pump jacks on them to get ready for production. Once production begins and the oil is pumping, the company will begin fracking the next 5 wells when the WTI hits $65.00 a barrel or higher. Then all 10 wells will be on production.

"This is an exciting time for WOGI and its shareholders to see the hard work of the last year begin to pay off and oil begin pumping out of the ground," stated WOGI's CEO Nathan Hall.

Next week WOGI will address the meeting taking place in Peru and update shareholders on Dr. Armacanqui's meeting in Oman and the new member to join the WOGI team.

About World Oil Group, Inc.

World Oil Group, Inc. (WOGI) is a petroleum company that has traditionally focused on Oil & Gas Exploration in the Pennsylvania markets by and through its wholly owned subsidiary EPA Petroleum, Inc. First Quarter, WOGI is scaling up operations in the MENA, Gulf and Central/South American regions in 2015, the company will keep its shareholders updated.

EPA Petroleum, Inc. "EPA" is a wholly owned subsidiary of World Oil Group, Inc. (WOGI). The Company is an independent producer of crude oil and natural gas. EPA Petroleum is actively involved in drilling activities within the Commonwealth of Pennsylvania using Xite Energy, Inc. as its subcontractor drilling partner.

World Oil Group, Inc. is now taking the path breaking challenge to lead the world on its "Sustainable Oil & Gas Field Model" implementing the concepts and related applications model in the Petroleum Industry. WOGI is always seeking new opportunities in the petroleum industry and will look to develop economic growth in the areas it works. As WOGI enters into a market, it will seek to help bring jobs within its foot print. World Oil Group's vision is to grow exponentially with the Petroleum Industries using "The Sustainable Oil & Gas Fields" concepts and applications for E&P & EOR, and Energy Trading in the USA and around the world.

The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.

For more information contact:

Nathan Hall, President CEO
World Oil Group, Inc.
Ph. 407-777-9228
info@epapetroleum.com
http://www.worldoilgroup.com/
Twitter.com/epapetroleum
facebook.com/epapetroleum

SOURCE: World Oil Group, Inc.