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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

Post by stockeditoron Mar 17, 2014 9:34pm
217 Views
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
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