Apr 9 2009

Oncolin (OTC: OCOL) recently announced It is Pursuing the Acquisition of an Acreage Position with 500,000 Gross Barrels of Potential Oil Reserves.

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 Oncolin recently announced It is Pursuing the Acquisition of an Acreage Position with 500,000 Gross Barrels of Potential Oil Reserves. The potential future gross revenue of this prospect, if successful, equates to more than $25,000,000 based upon today’s oil and gas prices.
SOURCE: Oncolin

BREAKING NEWS

Oncolin Identifies Largest Prospect to Date with a Potential of 3,000,000 Gross Barrels Of Oil and 30 Bcf of Gas Reserves
Having announced last week that it has made an offer to acquire a Louisiana property with a potential of $25,000,000 in future gross revenue (see below), Oncolin (OTC: OCOL) should have investors monitoring the progress of the company. Yesterday after the markets closed, the company issued a press release announcing that it has identified its largest prospect to date located in Cameron Parish, Louisiana with a potential of 3,000,000 gross barrels of oil reserves and 30Bcf of natural gas reserves.

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