Here is an old post!!!!!!!!!!!!
POP, LOW RISK 51-101 & TSX Approved FACT !!! Hi Friends, Investors, Colleagues and Shareholders, We are so lucky to have uncovered this monumental diamond in the ruff Petro One Energy still in its infancy. Being involved in the creation of a new mid-tier producer between Canada and Korea under the POP umbrella is truly a sight to behold. Crescent Point acquired CanEra for 1.1Bill (National Post News Paper Article Below). PennWest will be drilling on Petro One`s J11 property soon. Petro One was an early mover into this new emerging play that has become the hottest play in South East Sask. There is ZERO land available now and POP has prime projects surrounded by production and Senior Oil Producers. No other junior in Canada has exposure to assets like this below. With the $100,000,000 now coming from Korea POPs production profile is set to explode. I have highlighted POP`s assets below in the 51-101 approved news by a independent oil geologist & also approved by the TSX. Following that is proof in the National Post about this game changing area that only POP is in other than senior oil producers. This must have been a major reason why the Koreans are coming with $100,000,000. MINTON, SASKATCHEWAN RED RIVER / BAKKEN PROPERTIES The recent discovery of oil in the Bakken in Minton has generated a new play in this area, which was already known for its prolific Red River oil producers. One of the best Red River wells in the MintonHardy South area is within 150 metres of J19 and several new horizontal wells are now targeting oil in the Bakken formation adjacent to Petro Ones properties. A Red River well located only 150 meters north of J19 had an IP of 300 bopd with cumulative production of 212,180 bbl to date. Another Red River well located just 185 meters east of J11 has produced 255,647 bbl to date, and there is another Red River producer located only 195 meters east of J28 with an IP of 379 bopd and cumulative production of 164,655 bbl to date. The J12 property has a Red River producer just 185 meters to the west, and J13 has strong Red River producers both to the north and east with 3 month initial production of up to 599 bopd, and total production to date of 234,298 bbl. Sample cuttings from one of these Red River producers also confirmed the presence of oil in the Bakken. The best Red River well in the area had an IP of 926 bopd, has produced 2.25 million bbl to date, and remains in production. A strong Bakken well terminates only 250 metres from the J19 property, and had a 3 month IP of 109 bopd. The Red River and Bakken production from these surrounding wells confirms the strong dual-zone potential of the J11 parcel as well as Petro Ones 100% owned J12, 13, 19 and 28 properties. Petro Ones technical team continues to evaluate and compile data on its properties in preparation for farmouts, joint ventures, and partnerships. Based on the discovery of Bakken oil at Minton, Viking oil at Milton, Frobisher oil at Bromhead, and Rosebank, and strong supporting data from its other properties, the technical team is confident that its Saskatchewan and Manitoba assets will continue to provide additional oil discoveries. Now lets look at the proof (National Post article below) Crescent Point to buy CanEra Energy in deal worth $1.1B***Remember the only junior in this imediate area is POP*** Canadian Press | April 23, 2014 | Last Updated: Apr 23 3:54 PM ET More from Canadian Press CALGARY Crescent Point Energy Corp. has signed an agreement to buy CanEra Energy Corp., a privately held oil and gas producer in southeast Saskatchewan, in a deal valued at $1.1-billion, including debt. CanEras assets include a large land position in the Torquay area in Saskatchewan, where Crescent Point is active, and production of approximately 10,000 barrels of oil equivalent per day.Under the deal, Crescent point has agreed to pay 12.9 million shares, $192-million in cash and assume $348-million in debt. With the acquisition, Crescent said it expects its production and funds flow from operations to be higher than earlier expected. The company said it expects to finish the year with production of 145,000 boepd, up from earlier guidance for 135,000. Average daily production is expected to be 133,000 boepd, up from 126,500. Crescent Points funds flow from operations for 2014 are expected to increase by6% to $2.38-billion. We must logically ask ourselves if POP is surrounded by large low risk production stated above in 51-101 approved news by a independent geologist and Penn West just paid 1.1Bill entry fee to get into the neighborhood surely POP is undervalued with a $34Mill MCAP. Petro One has 11 more low risk properties outside of the 5 highlighted above. You know what to do, the market opens at 6:30am. Always do your due-diligence. We seek safe harbor. Read more at https://www.stockhouse.com/companies/bullboard/v.pop/petro-one-energy-corp#vJImillEOVG6wMvx.99