WRGL is slowly moving up, as more investors take notice. Once Wall St. takes notice, explosive break out is likely.
Last summer we saw crude prices near $150 per barrel before prices crashed. We might not see prices like that again this summer but I still think prices are going to go much higher than they are now.
This makes it the perfect timing to look at companies like WRGL.
WRGL has one mission: helping achieve effective energy independence for the United States.
Our huge dependency on foreign oil makes our nation so vulnerable.
And I don't think the alternative energy sources we have are that cost effective yet.
We need to find a solution and I believe that solution is companies like WRGL.
WRGL is dedicated to helping achieve effective energy independence for the United States using unconventional methods and new technologies for developing non-traditional hydrocarbon deposits.
WRGL's first enterprise centers around the use of an innovative, environment-friendly technology to extract oil from tar sand/tar shale in the western United States.
Most people don't know that from these tar sands we can extract a lot of oil!
Did you know that Canada gets about one-third of its oil from the tar sands buried in northern Alberta?
WRGL has announced the acquisition of two separate licenses for American Resource Petroleum Corporation's (?ARPC?) oil sand and oil shale extraction processes plus a contract to recover oil on property controlled by ARPC in Utah, with proven recoverable oil reserves in excess of 125 million barrels!
Few people know that Utah has the richest tar sands deposits in the United States.
Eastern Utah and western Colorado contain more oil than Saudi Arabia!
These deposits and the surrounding lands in eastern Utah are the most accessible and highest grade oil sands deposits in the world.
WRGL's acquisition of the ARPC technologies gives the company one of the world's most advanced and economical recovery systems for oil sand and oil shale extraction.
American Resource Petroleum Corporation's bitumen extraction process is a continuous flow non-heated process, concerned with solution treatment separation of bitumen from oil sands.
Process additives and mechanical devices allow for a higher percentage collection of the bitumen oils, with rates above 99%. It produces a higher quality bitumen oil containing more of the light petroleum ends. It recovers clean sand that can be sold or replaced where mined. It allows for a higher quality of the re-cycled process additives that will be re-used in the continuous flow process and it results in the elimination of environmentally unacceptable tailing ponds.
These attributes allow for a less expensive process than a batch or heat treated process or any heat exchanged application. The process also allows for the recycling of the process water.
This extraction process is one of the world's most advanced economical recovery systems for oil sand and oil shale extraction!
Imagine how big WRGL could become using this technology in Utah!
Utah's tar sand deposits contain 14 to 15 billion barrels of measured oil in place, with an additional estimated resource of 23 to 28 billion barrels.!
Most of the world's oil reserves are concentrated in the Middle East, and about two-thirds are controlled by OPEC members.
Oil price shocks and price manipulation by OPEC have cost our economy dearly.
I believe it is obvious that we need companies like WRGL!
Please do your due diligence and consult with a financial professional.
More information on WRGL is available at their website: http://www.wrgl.net
$0.0 (07/04/09)
