GREY:CUDBF - Post by User
Post by
carcarneedon Nov 11, 2014 7:56pm
571 Views
Post# 23119080
TSXV:POP starts to move up from here.
TSXV:POP starts to move up from here.
https://resourceinvestingnews.com/77887-tsx-top-5-bonterra-climbed-105-percent-last-week.html
Petro One Energy Corp. (TSXV:POP)
Canadian oil exploration and development company Petro One Energy Corp. was also making moves last week, thanks in part to the company’s announcement that it had received license to drill its first horizontal well at Milton.
“The 6-22 well is the first well designed to specifically target the thick Upper Viking formation as an initial step in a detailed horizontal drilling plan designed to efficiently exploit approximately 2,500 acres that are underlain by Viking sand,” Petro One stated in a November 5 media release. “The company plans to spud the first well as soon as the rig is available.”
Petro One rose 22.73 percent on a weekly basis to trade at $0.27.