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Petrichor Energy Inc V.PTP.H

Alternate Symbol(s):  ODEFF

Petrichor Energy Inc. is a Canada-based oil and gas exploration company. The Company is focused on acquiring, exploring and developing new oil and natural gas reserves in North and South America. Its property consists of Marble Falls Property. The Marble Falls Property covers approximately 11,695 acres of oil-rich Pennsylvanian Limestone, located in the Forth Worth Basin, North Texas in various counties, namely Young, Jack, Archer and Clay Counties. The Company has acquired a 66.67% working interest in Marble Falls Property. Its additional formation targets include the Atoka Conglomerates, the Caddo Limestone and the Mississippi Limestone (Chester Lime and Chappel Lime).


TSXV:PTP.H - Post by User

Bullboard Posts
Comment by STOCKRUSon Feb 27, 2012 7:36pm
341 Views
Post# 19594521

RE: interesting!

RE: interesting!

Yes indeed !!!  PTP.V I bought in at under 0.25  in January.    :)

Also got in on another oil & gas jr ... GPI.V which is in Alberta, Canada it's teamed up with Penn West.

With PTP.V good to see the horizontal drilling technology being used. This type of exploration method has in many cases increased the intial flow rates 2-7.7 times, comparing it to convetional vertical drilling..

"PETRICHOR REPORTS DRILLING ACTIVITY AT DARST CREEK FIELD, TEXAS

Petrichor Energy Inc. has been notified by the operator that the Ranft 1H well (reference news release Feb. 3, 2012) was spudded on Feb. 24, 2012. The Ranft 1H well is the first of two horizontal laterals in each of two vertical wells that will be drilled in the Edwards formation. The Ranft lease is centrally located in an area of the Darst Creek field that has seen the successful completion and production of new oil wells using horizontal drilling technology."

GLTA

Bullboard Posts