Mass Petroleum Inc. up and coming leader in oil research and drilling.

Oct. 10, 2008 - PRLog -- MASS Petroleum is an oil and gas production company backed by an experienced and dedicated management team. MASS Petroleum is engaged in the acquisition of producing oil and natural gas wells, interests and leases from existing companies, governments, and through the open market.
MASS Petroleum is currently acquiring several oil and gas producing assets in the Perm region of Russia. The region is well developed and holds more than 12 billion barrels of oil. The area is politically stable and has been a major oil production province since the 1950’s. For 2008, Russia is set to be the #1 producer worldwide, producing over 3.46 billion barrels per year.
MASS Petroleum’s hard assets will include multiple producing oilfields, oil storage facilities, oil tank truck fleets, numerous buildings, elevated proprietary railway facilities, and a private export pipeline distribution center.

CEO Oleg Bilinski  has over 17 years of global investment expertise and a history of success through the financing of several ventures and natural resource companies. Since 1990, he has been the President of UK International Trade Corporation. The Company’s main focus is establishing business relationships between North America and Eastern Europe. He was responsible for the formation of American Uranium Corporation (OTC BB: AUUM) formerly Alpine Resources Corporation; Geostar Mineral Corporation (OTC BB: GEOS); Chatsworth Data Solution (OTC BB: CHWD) formerly Adera Mines Limited.
In 1982 Mr. Bilinski graduated from Lviv State University, Ukraine (degree in chemistry and biology) and in 2004 completed Mining course, BCIT, Vancouver, Canada

MASS currently has acquisitions in Russia. The target acquisition is valued at $180 million USD and total production is approximately 2300 barrels/day.

Zlodaryovskoye Oilfield

Proved reserves 4.116 million barrels of oil
Probable reserves 434,000 barrels of oil
41 producing oil wells, average value $845,000 USD each
Miller & Lents Reserve Report available

Severo Kuroshimsky Oilfield

Oil reserves: Proved reserves of 2.3 million barrels of oil, probable reserves of 7.3 million barrels of oil, plus additional gas
Currently producing 315 barrels of oil per day from first well.
Development underway to add 6 additional wells Reserve
report by Petrotech Engineering in progress

Kekvinskoye Oilfield

Proved reserves 113,000 barrels of oil
Probable reserves 79,000 barrels of oil

Severo-Alekseyevskoye Oilfield

Proved reserves 113,000 barrels of oil
4 producing oil wells, average value $ 845,000 USD each

Vookoshoorskoye Oilfield

Proved reserves 112,000 barrels of oil
2 producing oil wells


Mass Petroleum Inc. Capital Structure

Shares Outstanding:        81,088,000  

Free Trading:      34,068,000     

Restricted:                           47,020,000

Jump on this stock now. MASS Petroleum Inc. hit a 52 week high last week on the OTCbb and is becoming the largest oil research and drilling and drilling company in the world. Currently operating in the largest oil fields in Russia.