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  4. Petron Energy II, Inc. (PEII) Message Board

This definitely looks like its going to keep movin

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Post# of 39
Posted On: 02/25/2014 9:49:09 AM
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Posted By: StockMasterTalk
This definitely looks like its going to keep moving to me. $PEII Smith goes on to say, "Once we have completed all procedures in Texas, we intend on moving all workover operations back to Oklahoma where we will finalize the secondary recovery setup for our Snyder/Simon lease. We should have all setup procedures executed by April 7, 2014. Although we have 20 leases, this particular lease is the first of three large acreage leases we expect to have online this year. These three leases are the primary drivers concerning why we have projected Petron II to become profitable this year. We will provide more updates as they become available." http://finance.yahoo.com/news/petron-energy-i...00084.html


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