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Bullboard - Stock Discussion Forum Petrichor Energy Inc V.PTP.H

Alternate Symbol(s):  ODEFF

Petrichor Energy Inc. is a Canada-based oil and gas exploration company. The Company is focused on acquiring, exploring and developing new oil and natural gas reserves in North and South America. Its property consists of Marble Falls Property. The Marble Falls Property covers approximately 11,695 acres of oil-rich Pennsylvanian Limestone, located in the Forth Worth Basin, North Texas in various... see more

TSXV:PTP.H - Post Discussion

Petrichor Energy Inc > The oil picture is changing daily, OPEC keeps
View:
Post by biggeriron on Jul 29, 2017 1:52pm

The oil picture is changing daily, OPEC keeps

cutting daily oil output, latest cut back 1 Million/barrels/per day. Oil close to $50/barrel for WTI is a sign we are going to start drilling again. It looks good. In addition PTP only has 35Million Shares Outstanding which allows a lot of room for equity financing. I see a bit of a spark here, could reach 10 cents very quickly. DYODD
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