PHOENIX, Jan. 24, 2018 (GLOBE NEWSWIRE) — Charles Dove, CEO, of Toronto-based oil and gas company Advantagewon Oil Corporation (CSE:AOC), (OTCQB:ANTGF) calls in to the “Stock Day” podcast. Host and Uptick Newswire CEO, Mr. Everett Jolly, was excited to welcome first time guest Mr. Charles Dove to the show. Advantagewon Oil Corporation (the “Company”) is focusing on the great state of Texas which used to be well known for oil and gas opportunities.
Mr. Dove reports to listeners that he had once heard the suspicion that the oil fields throughout Texas were tapped. To his surprise though, many formerly pumped sites, upon further inquisition, began showing much of the oil is still in the ground. Attributing this to old technology and outdated pumps, the Company is attaining many sites throughout the state. Mr. Dove cites great commodity price difference between U.S. and Canada, shallow reservoirs and lower drilling costs all attributing to the Company’s finding great advantages in Texas: “There is still a lot left to do. A lot of low risk opportunity and we just see that as a great way to grow a company right now.”
Mr. Jolly refers to Mr. Dove as the “powerhouse” behind the success of energy giant Dejour Energy Inc. Reliving his experience of his jointly funded operation, Mr. Dove discusses how he helped grow Dejour Energy Inc. from a land deal in British Columbia, to having 2 wells down and cased in about 30 days in 2007. The development program the following year began producing 1,000 barrels a day and was valued at approximately 58.2 million dollars.
Applying whatever technologies that are appropriate and current, seeing recovery rates of 5% or less on former wells Mr. Dove lays out his strategy for 2018: “With Enhanced recovery methods, we extract the most we can from these older pools”. At a conservative estimate, he anticipates of the Texas wells paying out in 3 to 4 months if producing 15 barrels a day. Preparing to drill 6 new wells, aiming at lowest risk possible, moving aggressively, working on low risk repeatable opportunities, Mr. Dove is looking to make big leaps with production and continue moving the Company forward in 2018.
Listen to the entire interview by clicking the link here: https://upticknewswire.com/featured-interview-ceo-charles-dove-of-advantagewon-oil-corp-otcqb-antgf
About “Stock Day Podcast”
The Uptick Network “Stock Day” Podcast is an extension of Uptick Newswire and has recently launched the Video Interview Studio located in Phoenix, Arizona with its new host Kathryn Donnelly.
Investors Hangout is a sponsor of Stock Day. Uptick Newswire encourages listeners to visit About Advantagewon Oil Corp. on: https://investorshangout.com/
About Advantagewon Oil Corp.
Advantagewon Oil Corp., is focused on building consistent cash flow from low cost, low risk oil wells in the State of Texas. AOC applies specialized expertise to increase oil recovery from 10-15% to up to 75% for each well. Once the enhanced recovery strategy is successfully applied, AOC will repeat the process throughout the oil pool to maximize output and minimize cost and risk. For more information please visit www.aoc-oil.com
Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although Management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
Spotlight Growth is compensated, either directly or via a third party, to provide investor relations services for its clients. Spotlight Growth creates exposure for companies through a customized marketing strategy, including design of promotional material, the drafting and editing of press releases and media placement.
All information on featured companies is provided by the companies profiled, or is available from public sources. Spotlight Growth and its employees are not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever and we are not qualified to give financial advice. The information contained herein is based on external sources that Spotlight Growth believes to be reliable, but its accuracy is not guaranteed. Spotlight Growth may create reports and content that has been compensated by a company or third-parties, or for purposes of self-marketing. Spotlight Growth was compensated eight hundred dollars cash and one thousand dollars worth of restricted stock for the creation and dissemination of this content.
This material does not represent an investment solicitation. Certain statements contained herein constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to the Company’s plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about the Company’s industry, management’s beliefs and certain assumptions made by management.
The above communication, the attachments and external Internet links provided are intended for informational purposes only and are not to be interpreted by the recipient as a solicitation to participate in securities offerings. Investments referenced may not be suitable for all investors and may not be permissible in certain jurisdictions.
Spotlight Growth and its affiliates, officers, directors, and employees may have bought or sold or may buy or sell shares in the companies discussed herein, which may be acquired prior, during or after the publication of these marketing materials. Spotlight Growth, its affiliates, officers, directors, and employees may sell the stock of said companies at any time and may profit in the event those shares rise in value. For more information on our disclosures, please visit: http://spotlightgrowth.com/index.php/disclosures/