TSXV:PTP.H - Post by User
Post by
stockeditoron Mar 17, 2014 9:34pm
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Post# 22333980
Just in case You did not KNOW??????????????
Just in case You did not KNOW??????????????
Marble Falls, Pennsylvanian Age Limestone North Texas Ideal property location; same geographic area as prolific Barnett Shale play in N. Texas Majors concentrated in prolific resource area, including, DTE Energy, EOG, Pioneer, Swan, Newark and Best Entry level land pricing Rapid development; known successful commercially productive oil and gas reservoirs
Analogous Resource Play Marble Falls resource play; multiple target zones Analogous to S. Kansas & N. Oklahoma limestone play
Experienced Management & Technical Team Strategic & profitable business plan; continue to acquire acreage with excellent well economics, Low development costs & well payouts less than 6 months from production Proven management and technical experience Creating shareholder value
Luling & Darst Creek Field Oil production from a historic producing area High percentage of API gravity crude Edwards limestone formation
Working Interest & Cooperations in Field 44.81% WI
Established Infrastructure & Shareholder Value Production facility completed Committed management – focused on near term projects 75% NRI
Investment Highlights
PETRICHOR ENERGY INC. TSX V: PTP 6