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Lucero Energy Corp Com V.PSH


Primary Symbol: PSHIF

PetroShale Inc is an independent oil company focused on the acquisition, development, and production of oil-weighted assets in the Bakken and Three Forks formations in the Williston Basin area of North Dakota.


OTCQB:PSHIF - Post by User

Bullboard Posts
Post by StinkyBombon Jul 11, 2008 8:35pm
271 Views
Post# 15285163

Cotter gives some money figures.

Cotter gives some money figures.

Current production from the Mission River field is approximately1.6 million cubic feet of gas and 50 barrels of oil/condensate a day.Portrush's share of the revenue is approximately $60,000 per month, per article dated Wednesday July 9, 9:00 am ET , https://biz.yahoo.com/bw/080709/20080709005185.html?.v=1


One month revenue goes to Cotter for salary.

Whatever the lawyer(s) sniff out per year?

Share of the revenue? Meaning gross revenue or net profit revenue?

So if all this is so geniune! Why the cheap papered private placements. Why the dilution?

Bullboard Posts