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Marksmen Energy Inc V.MAH

Alternate Symbol(s):  MKSEF

Marksmen Energy Inc. is a Canada-based energy company. The Company is engaged in the acquisition, exploration, development and production of oil and gas properties, primarily located in Ohio, United States. The Company’s projects include Davis Holbrook, which is an oilfield property in Pickaway County, Ohio and the formation is the Cambrian Knox. The Company is the operator and holds a 75% working interest in the Holbrook Davis #2 and Davis #1 wells. The Company's wholly owned subsidiary is Marksmen Energy USA, Inc.


TSXV:MAH - Post by User

Post by moneywagonon Oct 11, 2023 9:56am
86 Views
Post# 35678516

MAH~PENNSYLVANIA GREEN OIL IS A TYPE OF $$$$$SWEET CRUDE OIL

MAH~PENNSYLVANIA GREEN OIL IS A TYPE OF $$$$$SWEET CRUDE OIL

Pennsylvania Grade Crude Oil is a type of sweet crude oil (sweet crude oil), found primarily in the Appalachian basin in the Marcellus Formation in the states of New YorkPennsylvaniaOhio, and West Virginia, and takes its name for the state of Pennsylvania, where it was first extracted in 1859 from the Drake Well.[1]

Background

The area's Pennsylvania Grade Crude Oil has superior qualities and is free of asphaltic constituents, contains only trace amounts of sulfur and nitrogen, and has excellent characteristics for refining into lubricants. The success of drilling for oil at this well led to "an international search for petroleum, and in many ways eventually changed the way we live."[1] There is archaeological evidence that Native Americans harvested "the oil for medicinal purposes by digging small pits around active seeps and lining them with wood" at least as far back as 1410 AD.[1] European settlers skimmed the "oil from the seeps and using the petroleum as a source of lamp fuel and machinery lubrication."[1]

Pennsylvania grade crude oil can be broken down into gasolinekerosenefuel oilgas oilwax distillatecylinder stock (or bottoms) and other refined products such as white oil and paraffin. Pennsylvania grade crude oil when seen in reflected sunlight has a green color and under ultraviolet light looks fluorescent.

Pennsylvania grade crude oil is thermally stable and has a high viscosity index. It is generally free of asphalt and has only trace amounts of sulfur and nitrogen. It is also high in paraffin and other waxes making it highly desirable for refinement into petroleum lubricants such as motor oil. Its products are also valuable for use in certain hydraulic applications. By-products are commonly found in consumer goods such as cosmetics, and topical ointments.

Products refined from this type of oil are particularly prized as lubricants and many oil companies prominently display the fact that they use Pennsylvania Grade crude oil in their products.

Bradford, Pennsylvania is major center for the refining of Pennsylvania grade crude OIL

Refining processes and routing in refinery for Pennsylvania crude petroleum, 1921. (Source: Marshall, 1921)
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