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02.04.2016 08:00:01
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DGAP-News: Northwest Oil & Gas Trading Co
DGAP-News: Northwest Oil & Gas Trading Company, Inc.: Interim report 1. Quarter 2016
02.04.2016 / 08:00 The issuer is solely responsible for the content of this announcement.
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NORTHWEST OIL & GAS TRADING COMPANY, INC. (NWO) - Interim report 1. Quarter 2016 -
Ladies and Gentlemen, honorable shareholders,
as informed in autumn last year, the main goal of the management of NORTHWEST OIL & GAS TRADING COMPANY, INC. (NWO) is to establish a solid business providing long term sustainable revenues and earnings. We are working very hard to approach this. As further already informed, there are very strict confidentially agreements concerning the current activities of NWO, which are not allowing us to spread information.
But, because our shareholders are asking for an update about the ongoing business, we would like to give you these short interim report. Please note, that we very much would like to share more detailed information, but that we are very limited because of the avove mentioned confidentially agreements.
To date we are allowed to spread the following basic information:
a) Among other reasons, but especially because of the massive decreasing prices for crude oil, we decided that the development of our US oil fields are not in the current main focus of our activities.
b) During the last months we dedicated a lot of our man power and energy in the area "Smart Modular Refinery".
Especially in view of b) and by not harming the confidentially agreements, we are happy to inform you about promissing discussions of the company's delegation and of our CEO Michael Ende with the government of the Republic of Liberia.
Please see also: http://www.emansion.gov.lr/2press.php?news_id=3559&related=7&pg=sp - sthash.OTP2Rjmf.dpuf
General background information: Lots of nations have to face the problem, that they have access to significant amounts of crude oil, but having less capacities to refine their "own" crude oil to benzine, diesel, etc. Therefore this countries have to export cheap crude oil in other countries and then have to buy back and import high priced refined products. Further lots of potential refineries in this countries are out-of-date, inefficient, running unreliable and accident-prone. NWO's modern modular refineries can offer an extremely interesting solution to that countries.
Several nations recognized this advantage and contacted NWO. Obviously we are speaking about very huge and complex projects in which NWO have to work together with organizations, governments as well a consortium of partner companies.
We are also speaking about huge amounts of financial resources needed to develop such exciting projects. This part will be backed by BRIDGIN Foundation, who have as well the financial power as also a broad experience in such ventures.
And it has been BRIDGIN, who rated the technology from NWO as the absolutely best to fit the needs and to fulfil excellently all requirements. NWO becomes the provider for such kind of projects BRIDGIN will be in charge at the moment as in future. Understandably such kind of projects have to be handled strictly confidentially until coming to a certain point. We hope that we are allowed to provide more details mid of the year.
About NORTHWEST OIL & GAS TRADING COMPANY, INC.: NORTHWEST OIL & GAS TRADING COMPANY, INC. is an investment company in the oil and gas industry. The core business areas are organized into a regional focus in the US and in the Middle East, Africa and Europe. In the US the focus is on the acquisition and reactivation of oil- and gas-fields to expand these to a maximum production by using modern methods. The objective is occupying niches that appear uninteresting and not lucrative enough for large corporations. Further business should arise from proposed oil trading with potential partners in the Middle East and Russia. Additionally the company is in the process of forming alliances to focus on the advanced "Cold Cracking Refinery Technology" as well on the "GTL Gas to Liquids Technology" for refineries in connection with its joint venture partners.
Disclaimer/Predictive statements: This information does not constitute an offer to sell or a solicitation of an offer to purchase any securities of NORTHWEST OIL & GAS TRADING COMPANY, INC. in the United States of America ("USA") or in any other jurisdiction in which such offer or solicitation is not authorized or to any person to whom it is unlawful to make such offer or solicitation. Readers of this information are requested to inform themselves about, and to observe, any such restrictions.
The information must not be distributed in the USA, to "U.S. persons" as defined under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or to publications with a general circulation in the USA. Each violation of such limitations may constitute a violation of applicable securities laws of the USA.
The shares of NORTHWEST OIL & GAS TRADING COMPANY, INC. (the "Shares") have not been registered under the Securities Act and may not be offered or sold in the USA unless registered under the Securities Act or pursuant to an exemption from such registration. There will be no public offering of the Shares in the USA and the Shares will not be registered under the Securities Act.
If you have a valid address in the United States of America, Canada, Japan or Australia or are presently in these countries, the distribution of the content to you is not permitted.
Some statements in this notification are so-called forward-looking statements under the U.S. Private Securities Litigation Reform Act of 1995. These assertions are based on current expectations, estimates and forecasts as well as currently available information. The future-oriented assertions are not to be understood as guarantees of the cited prospective developments and results. The statements are not based on historical background, but rather represent predictive position statements and assumptions subject to risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements and assumptions, including, but not exclusively, certain delays beyond the control of the company, uncertainties regarding future and/or unexpected costs, the inability or failure to obtain adequate financing on a timely basis, changes in the national and local laws, natural catastrophes, the risk of inadequate insurance or the inability to conclude an insurance contract and other risks, as well as also entirely unknown risks, uncertainties and factors which could lead to situations where the actual results, financial situation, developments or performance of the company considerably deviate from those which were expressly or implicitly assumed in these statements or assumptions. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. NORTHWEST OIL & GAS TRADING COMPANY, INC. is neither committed to update this forward looking statements nor to amend them in the case of an unexpected trend.
April 01, 2016 NORTHWEST OIL & GAS TRADING COMPANY, INC. Kontakt: E-Mail ir@nwoil.org
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02.04.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de
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450745 02.04.2016
DGAP-News: Northwest Oil & Gas Trading Company, Inc. / Key word(s): Miscellaneous Northwest Oil & Gas Trading Company, Inc.: Interim report 1. Quarter 2016
02.04.2016 / 08:00 The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------------
NORTHWEST OIL & GAS TRADING COMPANY, INC. (NWO) - Interim report 1. Quarter 2016 -
Ladies and Gentlemen, honorable shareholders,
as informed in autumn last year, the main goal of the management of NORTHWEST OIL & GAS TRADING COMPANY, INC. (NWO) is to establish a solid business providing long term sustainable revenues and earnings. We are working very hard to approach this. As further already informed, there are very strict confidentially agreements concerning the current activities of NWO, which are not allowing us to spread information.
But, because our shareholders are asking for an update about the ongoing business, we would like to give you these short interim report. Please note, that we very much would like to share more detailed information, but that we are very limited because of the avove mentioned confidentially agreements.
To date we are allowed to spread the following basic information:
a) Among other reasons, but especially because of the massive decreasing prices for crude oil, we decided that the development of our US oil fields are not in the current main focus of our activities.
b) During the last months we dedicated a lot of our man power and energy in the area "Smart Modular Refinery".
Especially in view of b) and by not harming the confidentially agreements, we are happy to inform you about promissing discussions of the company's delegation and of our CEO Michael Ende with the government of the Republic of Liberia.
Please see also: http://www.emansion.gov.lr/2press.php?news_id=3559&related=7&pg=sp - sthash.OTP2Rjmf.dpuf
General background information: Lots of nations have to face the problem, that they have access to significant amounts of crude oil, but having less capacities to refine their "own" crude oil to benzine, diesel, etc. Therefore this countries have to export cheap crude oil in other countries and then have to buy back and import high priced refined products. Further lots of potential refineries in this countries are out-of-date, inefficient, running unreliable and accident-prone. NWO's modern modular refineries can offer an extremely interesting solution to that countries.
Several nations recognized this advantage and contacted NWO. Obviously we are speaking about very huge and complex projects in which NWO have to work together with organizations, governments as well a consortium of partner companies.
We are also speaking about huge amounts of financial resources needed to develop such exciting projects. This part will be backed by BRIDGIN Foundation, who have as well the financial power as also a broad experience in such ventures.
And it has been BRIDGIN, who rated the technology from NWO as the absolutely best to fit the needs and to fulfil excellently all requirements. NWO becomes the provider for such kind of projects BRIDGIN will be in charge at the moment as in future. Understandably such kind of projects have to be handled strictly confidentially until coming to a certain point. We hope that we are allowed to provide more details mid of the year.
About NORTHWEST OIL & GAS TRADING COMPANY, INC.: NORTHWEST OIL & GAS TRADING COMPANY, INC. is an investment company in the oil and gas industry. The core business areas are organized into a regional focus in the US and in the Middle East, Africa and Europe. In the US the focus is on the acquisition and reactivation of oil- and gas-fields to expand these to a maximum production by using modern methods. The objective is occupying niches that appear uninteresting and not lucrative enough for large corporations. Further business should arise from proposed oil trading with potential partners in the Middle East and Russia. Additionally the company is in the process of forming alliances to focus on the advanced "Cold Cracking Refinery Technology" as well on the "GTL Gas to Liquids Technology" for refineries in connection with its joint venture partners.
Disclaimer/Predictive statements: This information does not constitute an offer to sell or a solicitation of an offer to purchase any securities of NORTHWEST OIL & GAS TRADING COMPANY, INC. in the United States of America ("USA") or in any other jurisdiction in which such offer or solicitation is not authorized or to any person to whom it is unlawful to make such offer or solicitation. Readers of this information are requested to inform themselves about, and to observe, any such restrictions.
The information must not be distributed in the USA, to "U.S. persons" as defined under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or to publications with a general circulation in the USA. Each violation of such limitations may constitute a violation of applicable securities laws of the USA.
The shares of NORTHWEST OIL & GAS TRADING COMPANY, INC. (the "Shares") have not been registered under the Securities Act and may not be offered or sold in the USA unless registered under the Securities Act or pursuant to an exemption from such registration. There will be no public offering of the Shares in the USA and the Shares will not be registered under the Securities Act.
If you have a valid address in the United States of America, Canada, Japan or Australia or are presently in these countries, the distribution of the content to you is not permitted.
Some statements in this notification are so-called forward-looking statements under the U.S. Private Securities Litigation Reform Act of 1995. These assertions are based on current expectations, estimates and forecasts as well as currently available information. The future-oriented assertions are not to be understood as guarantees of the cited prospective developments and results. The statements are not based on historical background, but rather represent predictive position statements and assumptions subject to risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements and assumptions, including, but not exclusively, certain delays beyond the control of the company, uncertainties regarding future and/or unexpected costs, the inability or failure to obtain adequate financing on a timely basis, changes in the national and local laws, natural catastrophes, the risk of inadequate insurance or the inability to conclude an insurance contract and other risks, as well as also entirely unknown risks, uncertainties and factors which could lead to situations where the actual results, financial situation, developments or performance of the company considerably deviate from those which were expressly or implicitly assumed in these statements or assumptions. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. NORTHWEST OIL & GAS TRADING COMPANY, INC. is neither committed to update this forward looking statements nor to amend them in the case of an unexpected trend.
April 01, 2016 NORTHWEST OIL & GAS TRADING COMPANY, INC. Kontakt: E-Mail ir@nwoil.org
---------------------------------------------------------------------------
02.04.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de
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450745 02.04.2016
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