OCOL broke the resistances level
 

OCOL broke the resistances level of .40 last week, and is trending higher.
The chart
[url]http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=ocol&sid=0&o_symb=ocol&freq=1&time=4[/url]

OCOL is engaged in the exploration, acquisition, development, production and marketing of natural gas and crude oil with initial focus on drilling prospects along TX and LA Gulf Coast.

Don't let the name confuse you. OCOL recently announced that its board and majority shareholders have approved a name change to Bering Exploration, Inc. and that the company expects the name change to occur within the next 45 days.

Many people may not know about OCOL's new business endeavors which could be very rewarding!

"We are very excited about our entry into the oil and gas exploration business," said Steven Plumb, VP of Finance.

Steven M. Plumb has 30 years of experience including 10 years in oil and gas with several publicly traded and private independent producers including Hyperdynamics, Striker Oil & Gas, Inc., KD Resources, LLC and Platinum Energy Resources, Inc.!

OCOL's first interest is already looking like it may be a major step in OCOL becoming a successful oil and gas company.

OCOL has acquired an interest in a South Texas oil and gas prospect which has a tremendous amount of upside.

Based upon the estimates by the originating geologist, it is estimated that this prospect could have potential reserves of 5,000,000 barrels of oil and 46 BCF of gas!

Imagine if oil prices were to hit $100, this would be a lot of money!

OCOL's interest is a 5% working interest after pay out in this prospect

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