WOGI recently explored fields with over 1,100 Wells for its EOR program.

DEBARY, FL / ACCESSWIRE / August 20, 2015 / World Oil Group, Inc. (PINKSHEETS: WOGI) is pleased to announce the expansion of its Advisory Board with the additions of Dr. TJ Menhas and Mr. Mohamed A. Ebrahim. World Oil Group, Inc. is honored to have such distinguished world class members added to its Board of Advisors.

World Oil Group, Inc. formed an advisory Board to take advantage of personal relationships WOGI's CEO, Mr. Nathan Hall has with individuals around the world with a vast international, government and private sector experience that can assist WOGI moving in the right direction and increasing shareholder value. The Company is extremely pleased to introduce Dr. TJ Menhas and Mr. Mohamed A. Ebrahim as its newest advisors, who will join International Ambassador Mr. Bill Stuebner as members of the World Oil Group, Inc. Advisory Board.

World Oil Group, Inc., is building a world class team to work in diverse petroleum markets with the experience, political connections and industry know how, to maximize the opportunities without the being bogged down with traditional corporate bureaucracy.

WOGI's team can quickly evaluate, make a decision and act on the opportunity in real time. This lean corporate model with international strategic partners located around the world gives WOGI an advantage over traditional companies that are now failing in the petroleum industry because of corporate bureaucracy and front end fluff in its operating budgets. WOGI is positioned to operate in any environment in the world.

WOGI's executive team and Board of Advisors will continue to evaluate multiple variations of statistical and fundamental analysis to guide WOGI in the diverse sector of the petroleum industry and keep it balanced to not let current oil prices determine WOGI's value.

WOGI NEW BOARD OF ADVISORS:

DR. TEJINDER S. MINHAS

REGIONS OF FAMILIARITY: MIDDLE EAST & N. AFRICA (EGYPT, SYRIA, YEMEN, LEBANON, JORDAN), S. ASIA (AFGHANISTAN, INDIA, BANGLADESH, SRILANKA, NEPAL), LATIN AMERICA & EASTERN EUROPE

KEY QUALIFICATIONS:

Dr. TJ Minhas is a seasoned Development Economist and Program Management Specialist concentrates on macro-economic, social sector development and poverty reduction. He has 30 years of experience in project design, investment prioritization, program evaluation and monitoring to support economic reforms in South Asia, the Middle East, and Latin America. Working primarily with and for aid donors, he has developed specialized diplomatic skills to foster buy-in on complex issues concerning economic growth and development of private sector, including public-private partnerships. TJ has managed a loan and investment portfolio of up to $4 Billion per year financing structural adjustment and infrastructure projects.

Advancing Change Management Agendas to Achieve Economic Reforms: Over the course of his career, Dr. Minhas has identified areas that hinder economic development and designed strategies and programs to address them. For the World Bank, he conducted program evaluation and reporting assignments for economic reform programs in seven countries. He has advised top government officials on public policy programs involving fiscal performance enhancement, civil service reform and aid coordination. He used his strong academic background to advance economic governance reform during his 24 years at the World Bank, where he served as a Country Team Leader, Country director and Regional Director for Middle East and North Africa (MENA). TJ has served the United States Agency for International Development (USAID) as a Senior Economic Advisor in Afghanistan.

Seasoned Manager with a strong working knowledge of USAID, The World Bank and the Asian Development Bank.

Senior Economic Growth Advisor, RC East, USAID, Afghanistan 2011-present.

EDUCATION:

1974 Ph. D., Development Economics, Princeton University, USA

1970 MBA, Strategic Planning, American University, USA

TJ has authored numerous papers and academic articles covering economic development issues touching on poverty reduction, employment creation and economic diversification.

Mohamed A. Ebrahim

Exec. Committee Member, Council of Organizations

United Nations Foundation

June 2013 – Present (2 years 3 months) New York, NY

The Council of Organizations (COO) is an initiative of UNA-USA. The COO is a coalition of nongovernmental organizations (NGOs) and local groups of organizations with interests in education, social justice, labor, sustainable development, energy and climate, millennium development goals, human rights, health and women's issues that all share the common goals of making the American public more knowledgeable about global issues and strengthening the U.S. – UN relationship.

Sr. Business Analyst (BA), Supply Chain (SCM) & Operations Professional

Decisive, action oriented and result focused professional with years of experience in Business Analysis, Supply Chain, Logistics, Operations, and Project Management focused in Manufacturing, Private Label, Cosmetics & CPG industries. Outstanding talents in customer relationships, cost avoidance and continues improvements. Driven by new challenges and desire to be successful in all endeavors. Immensely enjoy navigating all aspects of complex projects with excellence consensus building, organizational and negotiation skills. Confident, articulate and persuasive.

Specialties: BPM, BA, PM, Operations Management, Client/Vendor Relations, New Business Development, Organizational Development, Strategic Business Planning, Union negotiation, Purchasing, Team Building & Leadership, Supply Chain Management, Logistics Management, Customer Service & Development, Inventory, Purchasing & Outsourcing Management, Project Management, Planning Management, Distribution Management, IT Management, Quality Assurance & Control.

WOGI TEXAS-LOUISIANA

WOGI's CEO and WOGI's Oil Driller Xite recently spent several days in Louisiana exploring an oil field with over 1,100 shallow wells that are in need Enhanced Oil Recovery ("EOR"). These wells have not been serviced for quite some time and have many issues of missing equipment surrounding them. This makes for a great opportunity for WOGI to acquire these wells with little to no money and use its PRS Paraffin Remediation Solution product(s) for enhanced oil recovery EOR to restore the wells back operating condition. There is a voluminous amount of data to comb through and needs to be evaluated on a case by case scenario before we can see if any may work out. However, this makes a great opportunity to evaluate oil fields like this, whether one well or a group of wells. Oil fields such as these are ideal for EOR programs, since the cost of drilling the wells has been absorbed already. Oil can be extracted at an extremely low cost making it very profitable at the current market price of oil.

If anyone knows of any other situations like this, please contact WOGI's Communications Officer listed below.

About World Oil Group, Inc.

World Oil Group, Inc. is an international petroleum company that uses actionable intelligence from its "boots on the ground" strategic relationships to target and identify niche market opportunities in and out of the Unites States.

World Oil Group, Inc.'s executive team and advisers have a vast military and international sector experience in hostile and emerging markets where oil field and mining operations are the dominant source of revenue.

Its team/advisors range from Petroleum Professionals to a Princeton University PhD graduate in Economics to an International Ambassador(s) to US Military Paratrooper(s) to British Special Forces-SAS to Graduate of Harvard Executive Studies Program to a former V.P. of Business Development of a multibillion dollar corporation.

WOGI's team and advisors have worked on every major continent in the world at multiple levels of government and private sector business.

World Oil Group, Inc., engages in various vertical and horizontal opportunities within the petroleum markets such as 1.) Oil Exploration, 2.) Enhanced Oil Recovery, 3.) Hydro Carbon Remediation, 4.) Energy Trading, 5.) Oil & Gas Industry Product/Equipment Sales, 6.) Oil Field Security and 7.) Pioneering Micro & Nano refinery operations.

World Oil Group, Inc. continues to seek opportunities in niche markets where it can use its international experience and "boots on the ground" strategic relationships to continue leveraging its analytical experience in emerging markets and continue to grow shareholder value. WOGI will continue increasing shareholder value by serving niches areas of opportunity and not casting its self too deep in one area as to get caught in the downturn of the oil markets that are politically controlled and not market driven.

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.

CONTACT:

Grace Carlton, Communications Director
World Oil Group, Inc.
Ph. 407-777-9228
gcarlton@worldoilgroup.com
www.WorldOilGroup.com
Twitter.com/epapetroleum
facebook.com/epapetroleum

SOURCE: World Oil Group, Inc.