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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 May 04, 2014 7:48pm
222 Views
Post# 22523079

Well Number 1, test results must be quite acceptable

Well Number 1, test results must be quite acceptableif PTP was able to raise new financing. Current stock price do not reflect this, so we should be moving up nicely. The first well was fracked and as a result further geological data is now been logged, and again the equity funders must have like these reports as well. So, the way I see it we are going to be on the move. Mangement, to this point has been quite efficient, and I look forward to further successes with well number 2.
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