Post by
Larry1952 on Oct 13, 2014 4:14pm
J5 milton 100% to Petro one
The Agreement provides that the proceeds from PP#1 will be used in part to pay drilling, completion and equipping costs for one horizontal well on Petro One's "J5" Milton land, estimated at ~$1,200,000, but that such well and 100% of production from such well be belong to Petro One. Read more at https://www.stockhouse.com/companies/bullboard/v.pop/petro-one-energy-corp#CjrC5ibU1wRAvMoc.99
Comment by
biggeriron on Oct 13, 2014 5:11pm
Thanks, Larry that is a great reminder and it shows that management is on the ball.