Post by
gksrcn61 on Aug 02, 2014 3:17pm
25 x 400bopd = 10,000bopd
Below are Two Reef Targets that are now about to be drilled. 51-101 compliant information below now that Petro One (POP.V) on the TSX has the Korean's as financial backers for $100,000,000.
This stock price is going to see rapid growth.
SOUTH RESTON, MANITOBA
On the South Reston J4 property (2.25 sections), recent detailed seismic interpretation has clearly identified a large carbonate mound in the Lodgepole Formation. This is a large reef-like structure 100 metres thick and measures 2.6 square kilometres in extent, and has a strong resemblance to Waulsortian mounds that are highly productive oil producers in the Williston Basin. A 1,000 metre vertical well has been proposed to test this large mound, which is a strong drill target with excellent upside potential.
KIRKELLA, MANITOBA
On the Kirkella J3 property, a site has been surveyed for an 800 metre vertical well targeting seismically indicated porosity in an undrilled area updip of the Kirkella Lodgepole oil field. Two of the nearest producers at the north end of the field had three month initial production of 418 and 251 bopd respectively.Bakken production in the immediate area confirms that the 100% owned J3 property has good dual-zone potential.
Both of these Reefs have 400bopd potential with 25 drill locations.
Im buying more first thing Monday AM, funds are now purchasing as the volume indicates.
All technicals for a move to continue remain in place.
Comment by
midard on Aug 02, 2014 8:53pm
market is close monday. Civic Holiday - August 4, 2014