Metawells Oil & Gas Inc. Releases Current Updates
ONE STEP VENDING CORP (KOSK)
NASDAQ:AMEX Investor Relations:
investorshub.advfn.com/one-step-vending-corp-kosk-7247
Company Research
Source: GlobeNewswire
HARRISON, NY, April 29, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Metawells Oil & Gas Inc. (OTC Pink: KOSK) releases updates following the Letter of Intent signed between Metawells Oil & Gas Inc. and Global Oil and Gas Recovery Corp. The two companies expect to have an executed agreement within the next 10 days. Metawells President Ronald Minsky says, "Bringing in a Company of this magnitude gives us the ability to use a strong technology company that can enhance oil recovery techniques to existing abandoned wells in the United States." The United States is the number one producer of oil in the world and by using the Green Technology called PENG, the technology that has the ability to capture leaking Methane gas and convert it into usable fuel, Global exploits 100% of the well and contributes to reducing emissions. Making good use of the Abandoned wells, referred to by the name Zombie Wells, is a huge problem for all Oil and Gas companies larger or smaller throughout the world.
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