RANCHO MIRAGE, Calif., July 23, 2017 /PRNewswire/ — West World Oil announces a commitment to purchase $9.5 million worth of assets in Oklahoma with an estimated production of 500 to 1,000 BOPD. West World Oil president David Carder says, “This is a once in a generation opportunity, to acquire this this asset at a discount,” says West World Oil president David Carder, “This level of production will generate revenue for many years.”
West World Oil is a production based oil and gas company that uses a careful and conservative methods to forecast 10 years in the future. “We are built to not only to survive but to thrive in our current economic environment, our business model is designed to be profitable in bear and bull markets,” said West World Oil President, David Carder.
There has never been a better time to invest in oil. President Trump is considering re-instituting sanctions on Iran that could constrict Iranian exports. Since Iran is a major exporter, that could mean hundreds of thousands of fewer barrels a day on the world market, lifting prices for US Oil.