NEW YORK, Jan. 21, 2019 /PRNewswire-PRWeb/ -- 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.
SOURCE D&L Oil