Petro One Energy Corp CUDBF

new optioned section and drill plan!!!!

[innele]

this news looks real good an 10-15 well #'s gettin better!!!!!!

Since July 25th, Petro One's 10A-15-30 -27W3 discovery well has continued to flow oil to surface without a pump at an average daily rate of 40 bpd oil and 420 mcf/day gas, equivalent to 110 BOE/day. As the reservoir cleans up, the production has recently been steadily increasing, with the current rate at 75.5 bpd. It is currently performing better than most horizontal wells in the Viking, and as a result we expect our undeveloped horizontal wells to very likely exceed this daily rate.

This structural corridor is some 4 kilometres long and three quarters of a kilometre wide, and remains open. Conglomerate like those seen in the 10A-15 well have also been recognized in Petro One 6A-15-30 -27W3, and also in 11-9-30 -27W3, which drill stem tested 130,000 cubic feet of gas and 410 cubic feet of oil cut mud from the Upper Viking. As part of the ongoing development program, one vertical and six new horizontal wells are planned on this Viking trend across Section 9.

Structure mapping that incorporates new drilling data shows that the Viking structural low that was targeted by the 2011 drill program extends from the north boundary of Parcel J5 south through Section 9, which Petro One has acquired through option

new optioned section 9!
https://i195.photobucket.com/albums/z203/innele/popoptionedland.gif

JM2C

CHEERS