Comment by
Buyreallow on Mar 10, 2022 11:11am
Yes, sure. Petrox has 100 achrs of land A;berta amd 680 acres in Saskatchewan, and produces 24 bbls of oil a day. PPR produces over 4000 boe per day, and has done so for a while. their problem was too much debt. Petrox has less than $100,000 in cash, so will have to either borrow or issue shares to drill. I think you might be better off keeping your money.
Comment by
Soopyspoon73 on Mar 15, 2022 1:15pm
ppr has over a 100 million in depth plus a nets back of 22$ a barrel before expenses while Petrox barrel net back is 47$ after expenses at 95$ a barrel ppr peaked at 0.30 unless they work on decreasing depth and increase production by more then half you won't see higher prices
Comment by
Buyreallow on Mar 15, 2022 3:12pm
Petrox has 24 barrels of oil production. They have been trying to sell themselves through reverse takeover for over 3 years. Save your time and money. It's going nowhere.