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Claudio Aballay, Announces Updates on Pennsylvania Project

November 20, 2018

ORLANDO, FL / ACCESSWIRE / November 20, 2018 / World Oil Group, Inc. (OTC PINK: WOGI) CEO, Claudio Aballay, announces updates on Pennsylvania project. CEO Claudio Aballay stated, ″Our primary purpose in hiring Xite is to work with the PA Department of Environmental Protection to bring complete environmental compliance for our operations to attain a balanced protection system incorporating all.″

World Oil Group Inc. which owns physical assets in Oil City, Pennsylvania, has entered into an agreement with Xite Energy, Inc. to aid in its efforts of being environmentally responsible with its operations there in terms of mandated environmentally responsible business practices.

The company was registered with Ergon Oil, of Jackson, MS. as an oil producer and minority owner of this project, through WOGI’s wholly owned subsidiary EPA Petroleum, Inc. Together with contractor Xite Energy Inc., it had completed the design, build and operation of this ten well project back in 2015.

Safe Harbor Statement: This release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission.

Forward-Looking Statements

This press release may contain forward-looking statements, including information about management’s view of World Oil Group Inc.‘s future expectations, plans, and prospects. In particular, when used in the preceding discussion, the words “believes,” “expects,” “intends,” “plans,” “anticipates,” or “may,” and similar conditional expressions are intended to identify forward-looking statements. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of World Oil Group Inc., its subsidiaries and concepts to be materially different than those expressed or implied in such statements. Unknown or unpredictable factors also could have material adverse effects on World Oil Group Inc.‘s’ future results. The forward-looking statements included in this press release are made only as of the date hereof. World Oil Group Inc. cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, World Oil Group Inc. undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by World Oil Group Inc.

SOURCE: World Oil Group Inc.

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