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BOCL Global NuTech


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BOCL Global NuTech

 

bocl

Symbol:                             BOCL.OB

Current PPS:                      $0.0205

Avg. 10day Volume:       32.6K

 

Outstanding Shares:       41.1M

Float:                                    740K

 

 

Global NuTech Inc. (BOCL) is an Energy Construction and Engineering Company that provides engineered and skilled craft services to industrial projects that need further assistance in capital or maintenance work, construction, commission and/or startup, and engineering support via its recent acquisition of International Plant Services (IPS).

 

BOCL’s subsidiary, IPS, is located in Texas, the oil and drilling industry’s premier location, where BOCL provides its management and construction services to the some of the well-known global energy companies in the refinery, mining, chemical and power industries of North America, Africa, Middle East, Asia, and Philippines.  In conjunction with these services, BOCL has signed a Letter of Intent (LOI) to acquire Texas Gulf Oil and Gas Inc., whose assets include nineteen oil wells and three leases throughout the Texas area.

 

Website www.globalnutechinc.com

 

Reasons why SR&R anticipates BOCL will be a successful play:

 

-In September 2011, the oil drilling industry pitched for drilling more widely. As a result, this could generate 1.4 million jobs and boost tax rolls by $800 billion; BOCL can contribute to these numbers as they can provide skilled and engineered people for industrial projects.

 

-BOCL is proud of their recent acquisition of IPS, where BOCL is looking forward to have successful exploration, production, and services in Texas as well as expand internationally and domestically.

 

-Recent research has stated that North American oil output will increase to 3.1 million barrels a day through 2016; In order to meet these future demands, the proper manpower is needed and BOCL does just that by providing the support to projects with skilled craftsmen.

 

-Analysts have said that Texas, one of the 20 onshore oil fields, could increase the nation’s output by 25% within the next 10 years.

 

President Obama pitched a plan in his 2012 State of the Union address to boost U.S. use of natural gas and open 75% more land for offshore drilling because the U.S needs an “all-out, all-in, all-of-the-above strategy” to develop energy resources thus creating more jobs.

According to the National Association of Consumer Shows (NACS), the world oil consumption was 86.6 million barrels a day in 2010 and the U.S gas demand was 9.06 million barrels per day; The U.S oil and gas demand is rising each day and BOCL will assist these demands with the future acquisition of Texas Gulf and Oil Inc.

 

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