Latest Updates on Tiger Oil and Energy Inc (OTCMKTS:TGRO)

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Las Vegas, NV -- (SBWIRE) -- 12/13/2013 -- Tiger Oil and Energy Inc (OTCMKTS:TGRO) conducts the business of developing commercial explosives technology. TGRO is testing, developing and manufacturing explosives. Besides that, the company provides services to its clients including chemical sensitization, formulation, creation of emulsifiers and designing plants.

Tiger Oil and Energy agreed to take part in initial wells. The company will work with TOTO Energy LLC in three wells to make 30% working interest. The company will avail another 24.45% Net Royalty Interest by working on the well.

The company mentions that the cost of the first well rose to $630,000 due to cold weather that affects drilling. The company will invest around $540,000 to earn the benefits of investment. The company is now doing legal homework of project.

To find out what OTCMAGIC projects for Tiger Oil and Energy Inc for both short term and long term please click here: TGRO

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