Potential Reserves of Over 1 Billion Barrels!
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.