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Petro One Energy Corp CUDBF



GREY:CUDBF - Post by User

Post by gksrcn61on Mar 08, 2014 1:55pm
369 Views
Post# 22298421

Actual Facts 51-101

Actual Facts 51-101I agree with Mr. Goldburger's 51-101 facts and it's nice to see somebody do some actual real due dillegence. I have never heard about lipstick and pigs in the 51-101 reports.

Mr Goldburger just incase you didnt see these 51-101 properties yet in POP's strong property portfolio.

The three properties, to be known as Parcels J11, J12 and J13, are located on a productive trend within a structural belt that is parallel to the prolific Minton Red River oil field. Parcel J11 is located directly on top of an interpreted basement structural high, and J12 is located on the northeast side of a basement structural high. All three parcels are in close proximity to excellent Red River production.

Parcel J11 is only 220 m from an active Red River oil well with strong cumulative production of almost 240,000 bbl. Parcel J12 is only 160 m from another current Red River producer that has returned over 96,000 bbl to date. Parcel J13 is 560 m from a Red River oil well with cumulative production of over 55,000 bbl. Further to the north of J13 is a prolific Red River oil well that has yielded over 317,000 bbl, with a daily average of 567 bpd over the first 12 months.

The Red River is a porous dolomite that typically produces oil at high flow rates and exceptional volumes from dome-like traps where the formation is draped over local basement highs. These three acquisitions have provided the Company with a prime opportunity to gain exposure to the prolific Red River play in the Minton area. They augment the Company's J6 Red River prospect that was documented in its July 15, 2010 news release.

Another well being drilled after break up, its time to buy this stock, not sell it.

Stock is .15, please hit more of my bids. I'll sell them back to you at .50 this summer.






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