CGCA - Potential Reserves of Over 1 Billion Barrels

Potential Reserves of Over 1 Billion Barrels!

from www.passiontolearn.com

CGCA - Max Pozzoni, President. Wallstreet.net Summary:

• Most recent news in Utah.
• Involved in project. Producing oil from sand!
• Leases that belong to Exxon, and partner Entercore. Will secure tar sands.
• Potential reserves of over 1 billion barrels.
• Break even point in lower 20's.
• 12% override with Exxon royalty.
• Oil comes from national resources.
• Extraction from tar pit.
• Environmentally friendly.
• Possible production of several thousands barrels a day.
• Within next 3-6 months.
• Northern Montana option also.

Source: http://tv.wallst.net/3-minute-press/382/1523/CGCA/max-pozzoni/cobra-oil-gas-co/