This is the perfect time for D&L to grow exponentially due to current opportunities created by the Trump administration passing the bill on “Opportunity Zones”, where we have a large part of our mineral assets.
NEW YORK (PRWEB) January 21, 2019
D&L Oil started in 2011 and has been working quietly towards building their assets and technologies to bring them to their current tipping point in their plans to become a major leader in oil production for the U.S. markets. In the past year they have released their new patented pump technologies as an Eco-Friendly Pneumatic pump that has revolutionized the marketplace and will completely change how oil is extracted from the earth. The Eco-Friendly pump is activated automatically only when it senses liquid in order to make it more energy efficient and more productive while it is operating, saving its resources for when it is actually needed. In addition, the pump can run on wind, solar or electric power depending upon where it is located.
Due to the cost savings afforded by the new technology, it has also been able to acquire over 1100 mineral rights and leases in Louisiana, Arkansas, Oklahoma, and are currently in negotiations to double that number over the next year in multiple regions throughout the United States and Canada.
D&L Oil’s mineral rights/land assets were recently valued at $21 million prior to installing their patented pump technologies, alone. Over the next 18 months, D&L is on track to install their patented Eco-Pneumatic pumps on all their leases, at which time, experts believe that D&L will exceed 10 times its current evaluation. D&L is headed by Darrell Madding and Mathew Lobene, who have completely changed the direction of the company, creating a sleeping giant on the verge of changing the way oil is extracted from the ground. Darrell Madding has an extensive background in engineering for oil and gas that has led to the creation and introduction of their new technologies. Mathew Lobene’s background in commodities trading and business has been pivotal in creating the management team and raising the capital needed to bring D&L Oil products to market.
“This is the perfect time for D&L to grow exponentially due to current opportunities created by the Trump administration passing the bill on “Opportunity Zones”, where we have a large part of our mineral assets. We are excited to be able to grow and create new jobs as we expand our manufacturing in America, built by Americans with American-made parts.” Says Matt Lobene Co-Founder. To find out more about D&L Oil go to http://www.dl-oil.com.