Oncolin (OTCBB: OCOL) – The Stock to Watch on Wednesday

Oncolin (OTCBB: OCOL) recently announced it has identified a new 600 acre prospect with over 1,000,000 barrels of potential oil reserves.

Oncolin will initially evaluate the viability of re-entering the existing well bores which is traditionally much less than drilling new wells.

BREAKING NEWS

Oncolin Begins Field Study on its Newly Identified Prospect with Over 1,000,000 Potential Gross Barrels of Oil Reserves:
Oncolin (OTCBB: OCOL) seems to be moving forward with it’s recently identified prospect located in Louisianna, and the company should have investors watching closely. Yesterday after the markets closed, the company issued a press release announcing that it has begun the field study on its newly identified prospect located in Louisiana with over 1,000,000 barrels of potential oil reserves.

Good news for the company as according to the release, the potential future gross revenue of this prospect equates to more than $49,000,000 based upon today’s oil and gas prices.

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