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Bullboard - Stock Discussion Forum Petro One Energy Corp CUDBF

Energy Oil & Gas E&P

GREY:CUDBF - Post Discussion

Petro One Energy Corp > Petro One NEWS!
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Post by BrusselSprout on Feb 04, 2015 7:01pm

Petro One NEWS!

Pretty detailed news update.

Horizontal Well has been drilled and the emulsion and farc needs to clean up which is normal.
Petro One's 10A-15-30-27 getting better production than before and moving up average bopd nicely.
KMDC ... well we all know how that is going.  GAME OVER!  See you in court.

Positive news from POP but Oil is just deadcat bouncing... Still lower to go and whipsaw you around inbetween.

Peace,
BS
Comment by CruelCanuck on Feb 04, 2015 9:51pm
Great point BrusselSprout, however I do have to add that POP's horizontal well produces at a very low cost... Ontop of that, KMDC is legally liable to give POP $14M. Also, with the Free trade agreement between South Korea and Canada, they can be held accountable. Remember, KMDC had given written intent on several occasions towards providing the funds and having the chance to opt out of phase 2 ...more  
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