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ProAm Explorations Corp V.PMX

Energy Oil & Gas E&P
ProAm Explorations Corporation is a Canada-based junior mineral exploration and development company. The Company operates in Canada and the United States. Its mineral properties include the Samuel Lake Project, Jet Property, and others. It owns an undivided 100% interest in certain claims comprising the Samuel Lake Property. Its Nevada property, which is the Jet Property, consists of about 57 claims. Its Utah property consists of about 10 claims and a school reserve has significant potential for rare earth mineralization. The Company has a 10.1 % working interest in a well in Logan County, Arkansas. The Company also has a 10.2 % working interest in a well in Oklahoma. Two wells, which are in production, are referred to as Okotoks 5-15-22-28 W4 and Okotoks 6-15-22-28 W4.


TSXV:PMX - Post by User

ProAm Explorations Corp > PMX.V MD&A shows 42 wells will be back online this fall
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Comment by Profitic1on Jul 16, 2017 10:07am
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Post# 26474000

RE:PMX.V MD&A shows 42 wells will be back online this fall

RE:PMX.V MD&A shows 42 wells will be back online this fall and the aftertax NPV10 of these wells is worth how much ? $660,000 according to the reserves filing. Nothing to get excited about.

Prof
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