Global Oil & Gas Recovery Corp. will merge with Metawells Oil & Gas Inc. (KOSK) a Nevada based, OTC Reporting Issuer. The principals and the management team has been involved in the Capital Markets, Petroleum and Natural Gas extraction industry for over 25 years.
The Company is in the Enhanced Oil Recovery (EOR) industry. and focused on abandon oil & gas wells located in Kansas, Colorado, Oklahoma and California. The Company's technology can enhance and increasing production at a fraction of the cost of fully developed field, providing excellent return on Investment. The Company will introduce new technologies that limit the environmental impact from methane flaring like the Mobile Refining Unit (MRU).
Richard F. Cindric, CEO & Director
Mr. Cindric is an entrepreneur and has been active in the capital market for over 25 years. He has formed and successfully operated a number of private companies ranging from Marijuana production, and Mining Exploration publicly traded companies on the CSE, TSX and OTC markets. After years experience with capital markets, he determined that pricing and supply trends support the Enhanced Oil Recovery (EOR) market.
Andy Jagpal, Director
Mr. Jagpal holds a Bachelor of Science from the University of British Columbia. He was also involved in establishing an integrated program with a large agriculture supply corporation. He has advised with Intrinsic Capital Corp., an investment group focused on direct investment, public listings, M&A, and venture capital. He is currently the COO for Tercero Lithium Corp.
Ronald B. Minsky, President & Director
Mr. Minsky s an attorney specializing in Investment Management & Securities practice group where he focuses upon counseling financial service entities including investment advisers, broker-dealers, public and private investment companies (e.g., mutual funds, hedge funds, etc.), insurance brokers/agents, CPA firms and their employees, about registration, compliance, liability, and litigation issues. Prior to joining Stark & Stark, Ronald served as Vice President, Litigation Counsel for Fidelity National Financial, where he practiced in commercial litigation, transactional and mergers and acquisitions matters. He has litigated complex cases in New Jersey Superior Court and New York Supreme Court, and serves clients in identifying and managing risk, strategic planning and analysis, compliance and oversight. Ronald served as a Deputy Attorney General for the State of New Jersey, Office of the Attorney General from 2015 to 2017, where he previously served as a Law Clerk from 2013 to 2015.
Lewis J. Dillman, COO
Lewis Dillman has over 20 years experience in successfully managing, financing and operating, public and private oil and gas companies. Mr Dillman has raised funding for numerous energy plays in North America and has advanced oil and gas projects in China, Indonesia and Tunisia. He has extensive contacts in the oil and gas industry and actively raises funds for energy deals in capital markets. Mr Dillman holds a Masters degree in International Affairs from Columbia University in New York, USA, with a specialization in international banking and finance.
Mr Dillman has been directly involved with the exploration activities for the following companies in the energy industry; United Rayore Gas, which successfully drilled over 80 Horizontal wells in the Western Sedimentary Basin. Stealth Ventures Ltd. A Canadian company that innovated Coalbed methane gas extraction in Nova Scotia, Canada. Poplar Oil and Gas This company conducts horizontal drilling activity in Oklahoma, USA. Sun Cal Oil and Gas A Joint venture with Ranger Oil & Gas and a joint venture with Encana for Oil and Gas exploration. Mountain View Energy Involved in Bakkan oil field development in Montana.
Zig Lambo, CFO & Director
Brings over 50 years of experience and involvement in capital markets as a former securities analyst, merger and acquisition specialist, financier and founder/co-founder of six other public companies over the past 38 years. He holds a degree in General Engineering from the University of Portland and an MBA-Finance/Marketing from Portland State University. He has had international business experience with private and public corporations in resource development and technologies as a CEO, CFO, vice president and director, and is currently a director of three public companies listed on OTC Markets.
Alan Chaillet, Consultant
Mr. Chaillet is based in Dallas, Texas and has spent over 35 years as a real estate and business consultant; advising developers, entrepreneurs, business owners, investors, and lenders. Mr. Chaillet’s consulting services for his clients include drafting investor decks and business plans, formulating marketing strategies to drive growth, valuation analysis, identifying strategic partners and capital sources, and identifying and vetting acquisition opportunities. Within the energy industry Mr. Chaillet has offered services including land research for leasing opportunities, brokerage of mineral interests and working interests, identifying oil & gas production and development opportunities, and project economic analysis. Mr. Chaillet is also a co-founder of TexxStar, Inc and of StarrTex Energy Trust. Mr.Chaillet is a graduate of the University of Maryland with a B.S. in Business Administration and Marketing, and a Minor in Economics.
The company operates using three distinct phases of oil recovery which are standard in North American oil and gas production. They are: Primary, Secondary and Tertiary (or enhanced) recovery.
Primary recovery produces oil and gas using the natural pressure of the reservoir as the driving force to push the material to the surface. Wells are often 'stimulated' through the injection of fluids, which fracture the hydrocarbon-bearing formation to improve the flow of oil and gas from the reservoir to the wellhead. Other techniques, such as pumping and gas lift help production when the reservoir pressure dissipates.
Tertiary recovery involves injecting other gases (such as carbon dioxide), or heat (steam or hot water) to further stimulate oil and gas flow to produce remaining fluids that were not extracted during primary or secondary recovery phases.
Secondary recovery uses other mechanisms - such as gas reinjection and water flooding - to produce residual oil and gas remaining after the primary recovery phase.
As much as eighty percent or more of the oil still in the ground. Oil fields were abandoned, towns died off and workers moved elsewhere, all with as much as eighty percent of the oil still underground, yet untouchable. Now with enhanced tertiary recovery methods another twenty percent or more can be extracted, or up to sixty percent of the oil is a reservoir, effectively doubling or tripling the amount of oil produced from the field.
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