Petro One Energy Corp CUDBF

Thickness of oil column - IR response

[FANTOMAS]

Just to shut-up some of these annoying bashers here who have no clue what they are talking about and don´t even put in the effort to do some DD on their own, I will post an IR email response to some questions I asked after the latest news release (read carefully, but these bashers won´t understand anyway):

Hi XXX,

Thanks for your email and my apologies on the delayed reply as we have been exceedingly busy.

With regards to your concern, we spell this out quite clearly in the June 6, press release that preceded drilling, just a few weeks back.

https://www.petrooneenergy.com/files/pdf/2011_06_06.pdf

Here’s the excerpt:


Viking property (J5)

Initially at least three wells are planned to target the Company's J5 property south of Dodsland, SK.

The first well will twin an existing Viking oil well that was drilled in 1965 and flowed an average of

34.6 bpd oil. Log analysis shows that the Viking sand at this location is thick (approximately 10 m),

and appears to be unusually porous and permeable, as confirmed by analysis of drill stem test and

production data. Based on the production from the existing well on the J5 property, Petro One has

already been credited with 214,000 bbl of NI 51-101 probable and possible reserves in the Viking

(Petro One News Release October 14, 2010).This oil zone remains untapped, and Petro One looks

forward to exploiting its full potential. Reservoir parameters are comparable to a vertical well in the

Smiley field northeast of the J5 property that has cumulative production of over 390,000 bbl. Petro One

has recently expanded its land position in this area by a factor of four.



As you’re no doubt aware, our team has been responsible for many number of significant, world-class finds in the both the oil and mineral exploration business over the past few decades, so we tend to write our press releases for the funds and technical people who go over what we do with a fine-toothed comb. These types of investors typically go through every press release in great detail so we are unaccustomed to repeating ourselves.

While we did obviously disclose it, I can see now that it might make more sense to try and be more explicit and perhaps repeat some information in the press releases for people who are new to the story, so we’ll do what we can to improve practices in that regard.

I sure hope no one sold based on the fact that they didn’t read the preceding press release as these are damn good numbers, and that is what drove the massive price and volume spike for days. There’s a ton of funds knocking on our doors trying to get in with a financing and we’re telling them to buy in the market.

If someone sold because they didn’t read the June 6 PR, they just sold their shares at a discount to someone who did read it!

I am always around and will always reply and be reachable by phone—we’re all workaholics here. I make some time for sleep though, so if there’s a delay, just give me a few hours and I’ll get right back to you with the information you need.

Many kind regards,

Jeff Stuart
Petro One Energy Corp.
1300-1111 West Georgia Street
Vancouver, BC
Tel: [phone]
TF: 877 566 9089
Fax: [phone]
[e-mail]
PetroOneEnergy.com


Good luck all longs here and to all pennyflippers: I´m more than happy to see you leave this stock !

FANTOMAS