World Oil Group Inc. a Global Vision for a Better Tomorrow

DEBARY, FL / ACCESSWIRE / May 14, 2015 / World Oil Group, Inc. (PINKSHEETS: WOGI) would like issue an update regarding the meeting with Peruvian Oil Officials and the meeting Dr. Armacanqui recently had with Mr. Yassen Al Noumani a member of the Royal Court in Muscat, Oman.

PERU UPDATE:

A meeting was anticipated in April between WOGI and the Peruvian officials to discuss oil concession participation on an oil field currently producing 3,000 barrels a day. The meeting has been rescheduled for July due to scheduling issues for Dr. Armacanqui. Based on similar fields and past experience, Dr. Armacanqui forecasts the well production to grow from the current 3000 bpd production to 20,000 bpd in 2017 and 40,000 bpd by 2019. As a part of the concession WOGI will look to share in the increased production by as much as 50%, still TBD. WOGI will also discuss opportunities to use its new products recently acquired from EPAI, Inc. for Hydro Carbon Remediation on land and water and Paraffin Remediation in oil wells and pipelines.

OMAN UPDATE:

Dr. Armacanqui recently meet with Mr. Yassen Al Noumani a member of the Oman Royal Court and President of Soltex, LLC, (Muscat, Oman - Oil field Services Company) to discuss opportunities for WOGI in Oman. Oman has nearly 10,000 producing oil wells, more than all the other countries in the Middle East combined. While, Oman has the most amount of producing oil wells in the Middle East, it still only produces approximately 1million bpd. This makes for an opportunity for WOGI to teach its' Enhanced Oil Recovery (EOR) "Sustainable Oil & Gas Field Model" and perform its EOR with WOGI's Paraffin Remediation Solution (PRS) product(s).

WOGI also has an opportunity for its Oil Field Remediation products that are listed on the United States Environmental Protection Agency National Contingency Plan - Subpart J list for Oil & Hazardous Spill Cleanup list, EPA Oil Field Solution, Global Environmental Cleaner & Hydro Clean ( http://www2.epa.gov/emergency-response/epa-oil-field-solution ). Multiple EOR project are currently underway but there is plenty of opportunity for WOGI to participate.

The meeting went extremely well. WOGI has filtered out opportunities and are now in discussions regarding those opportunities for WOGI in Oman.

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:

CONTACT:

Nathan Hall, President CEO
World Oil Group, Inc.
Ph. 407-777-9228

info@epapetroleum.com
www.WorldOilGroup.com
Twitter.com/epapetroleum
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SOURCE: World Oil Group, Inc.