DEBARY, FL / ACCESSWIRE / September 24, 2015 /
World Oil Group, Inc. (PINKSHEETS: WOGI) is pleased to announce
World Oil Group, Inc. has signed a Letter of Intent with the
Universidad Nacional De Ingenieria, Facultad de Ingenieria de
Petroleo, Gas Natural y Petroquimica.
The National University of Engineering is widely regarded as the
foremost science and technology oriented university in Perú, many
of its alumni occupying today positions of leadership in the fields
of Industry, Academia and Government.
The Letter of Intent will establish the framework on the
relationship between World Oil Group, Inc. and the Universidad
Nacional De Ingenieria, Facultad de Ingenieria de Petroleo, Gas
Natural y Petroquimica.
This relationship will allow a cooperative relationship between
both organizations to work together on multiple levels beginning
with the following:
Letter of Intention
Among the Faculty of Oil, Natural Gas and Petrochemical
Engineering University (FIP-UNI) and the company World Oil Group
Inc.
1. Evaluate the utilization of LPG Plant Micro to recover from
the AC POWER natural gas pipelines Peru, for use in the surrounding
cities.
Evaluar la utilization de una Micro Planta de GLP para recuperar
de la corrienta de gas natural de los Gasoductos de Peru, para uso
en las ciudades de los alrededores.
2. Joining forces to provide online educational courses and
workshops with certification validates industry in both the US and
Peru, using the Platform World Oil Group Professional and
Educational Certification- WOPEC.
Aunar esfuerzos para ofrecer Cursos Educativos en linea y
Talleres para la industria con Certificacion valida en ambos EEUU y
Peru, utilizando la Plataforma World Oil Group Professional and
Educational Certification- WOPEX.
3. Join efforts to assess technologies for tertiary recovery
(EOR) conditions applicable to the fields of Oil and Natural Gas
del Peru.
Aunar esfuerzos para evaluar Tecnologias de Recupacion Terciaria
(EOR) aplicables a las condiciones de los campos de Petroleo y Gas
Natural del Peru.
4. Evaluate the use of Nano and Micro Refineries as an
alternative to add value to crude oil production in the fields of
oil and natural gas in Peru.
Evaluar el uso de Nano y Micro Refinerias como una alternative
de dar valor agregado al petroleo crudo production en los campos de
Petroleo y Gas Natural del Peru.
5. Evaluate technologies and products to increase penetration
Rat drilling activities.
Evaluar technologies y productos para incrementar la Rata de
Penetracion en actividades de Performance.
6. Support Program Graduate FPGP UNI.
Apoyar el Programa de Postgrado de la FPGP de la UNI.
7. Evaluate the remediation of soil and water conditions for
Peru with technical and non-toxic products utilizing chemical
products, non-carcinogenic, non-flammable and bio degradable.
Evaluar la Descontaminacion de Suelos y Aguas para las
condiciones de Peru con tecnicas y productos que utillizan
productos qimicos no toxicos, no carcinogenos, no inflamables y
biodegrables
8. Assess Waste Reutilization Techniques applicable to the
Peruvian industry.
Both parties expressed interest in supporting the operation of
Oil and Gas Fields in Peru
Ambas partes manifiestan el interes en apoyar la Operacion de
Campos de Petroleo y Gas en el Peru
Both parties agree to allocate the resources required for the
implementation of this Letter of Intent.
Ambas partes acuerdan en asignar los recursos requeridos para el
cumplimiento de la presente Carta de Intencion.
The Peru National University of Engineering School of Petroleum
and Petro Chemicals have tested World Oil Group, Inc.'s Oil Field
Product - EPA Oil Field Solution- PRS Paraffin Remediation Solution
in the National University Petro Chemical Testing Lab and the
university laboratory professor said the product was amazing and
effective.
It was noted in the test that World Oil Group, Inc.'s product(s)
work by molecular conversation and therefore can be used in many
application within the oil industry.
World Oil Group, Inc. and UNI are moving in unison to use of
World Old Group, Inc.'s product(s) in a host of areas beginning
with heavy oils, remediation and EOR.
About World Oil Group, Inc.
World Oil Group, Inc. is an international petroleum company that
uses actionable intelligence from its 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.WOGI's team/advisors range from a double
Post Doctorate in Petroleum/Mining Engineering to a Princeton
University PhD graduate in Economics to an International
Ambassador(s) to US Military Paratrooper(s) to British Special
Forces 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 Oil
Exploration, Enhanced Oil Recovery, Hydro Carbon Remediation,
Energy Trading, Oil & Gas Industry Product/Equipment Sales, Oil
Field Security and 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.
For more information contact:
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.