_

The Future of Oil

LITEPAPER V1

The ancient practice of trading commodities is entering the twenty-first century through a revolutionary decentralized network of anonymous software operators who create a blockchain eco-system backed and sustained by oil.

Supported by the sale of crude being produced by well number NVNO82639 in White Pine County, Nevada, Black Gold Node operators are rewarded for their blockchain support with BGLD tokens.

In 2020, the global oil production averaged 76 Million barrels per day. This is your chance to participate in this multi trillion-dollar industry from the comfort of your own home.

_

Our Partner

Western Oil

Western Oil Exploration Company is an independent energy company with a business model that involves using technology to locate new energy reserves. We Measure success in the size of our discoveries.

Western Oil Company is developing the Scott lease in the great Basin of Nevada. We are beginning a vertical drilling program with two wells which have the potential to recover +5,000 BO oer dat abd +20Mmbo per well.

Our prospect is to look-alike to USA's most productive field at the Grand Canyon Bacon Flats Field (21,000,000+ BO annually recovered), 50 miles away, and seismic shows that it has the potential to be 8X larger.

_

The Process

1

Step 1: Preparing The Site

2

Step 2: Drilling

3

Step 3: Cementing & Testing

4

Step 4: Well Completion

5

Step 5: Fracking & Extracting

6

Step 6: Production

7

Step 7: Land Restoration