Good indicators hereCompany has stated that the Well "Initially, this second well will be an oil producer" and that the " Flow rates will be available in the near future". Quote
This can only be seen as positive as there are TWO wells involved that are going to produce oil.The barrels per day production rates will be announced sometime in the "NEAR FUTURE"
As someone who has been fortunate in buying MAXIM (MXM) under the same type of circumstances about six weeks ago, I'm now looking for the same kind of success with Petrostar. At 16 cents a share "the price is right" and it won't be too long before we'll know the flow rates and estimated Revenues that the two wells will generate.
Do your own Due Diligence and GLTA!