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Petron Energy II Inc (PEII)

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Petron Energy II, Inc.

Petron Energy II, Inc.(PEII)
Company Website: http://petronenergyii.com/

(Contact Info)
17950 Preston Road
Suite 960
Dallas, TX 75252 

Call (972) 272-8190     Toll-free: (877) 373-8766     Fax: (972) 485-1324
http://petronenergyii.com/contact/


Share Structure:
(As Per Island Stock Transfer Agent Dated 09/18/2014)


OTCQB Logo

Outstanding Shares: 435,436,448
Authorized Shares: 2,000,000,000

Upcoming Events:

1-for-1500 Reverse Stock Split.
(http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10213728)



"New to The Street"
Recent T.V Interview With; Floyd L. Smith: (PEII)

(Founder & CEO of Petron Energy)


https://www.youtube.com/watch?v=yrg4JYfLDtA
https://www.youtube.com/watch?v=_c02cpo7QeI&list=UU8nOFbcnPHzZKK0m08TeU4Q
https://www.youtube.com/watch?v=CvewQ1Gxx5c&index=15&list=UU8nOFbcnPHzZKK0m08TeU4Q

 

Recent Radio Interviews With; Floyd L. Smith: (PEII)
(Founder & CEO of Petron Energy)
 
http://www.blogtalkradio.com/moneyforlunch/2014/10/13/bert-martinez-speaks-with-floyd-smith-james-moss-and-jim-bernardi
http://www.blogtalkradio.com/moneyforlunch/2014/09/15/bert-martinez-speaks-with-chris-haddon-floyd-smith-and-guests
http://www.blogtalkradio.com/moneyforlunch/2014/08/25/bert-martinez-speaks-with-francis-jackson-floyd-smith-and-gary-watkins
http://www.blogtalkradio.com/moneyforlunch/2014/08/18/bert-martinez-talks-with-floyd-smith-derek-gregoire-and-guests
http://www.blogtalkradio.com/moneyforlunch/2014/07/31/bert-martinez-speaks-with-floyd-smith-adam-urbanski-and-guests



<iframe width="640" height="390" src="//www.youtube.com/embed/yrg4JYfLDtA" frameborder="0" allowfullscreen></iframe>

Recent Press Releases: 
(Be Aware Of DEF 14C)

DALLAS, TX--(PRweb – 10/3/14) – Petron Energy II, Inc. (“Petron II” or the “Company”) (OTCQB: PEII) Petron Energy II, Inc. reports on completion of Drilling Operations on its Gerner and Gerner Trust leases.

Petron Energy II, Inc., together with its subsidiaries, engages in the acquisition and development of properties for the production of crude oil and natural gas, the transportation of natural gas through its pipeline subsidiary and well servicing through its servicing subsidiary.  The Company’s operations are based in the United States.
The Company announced in its August 28, 2014 press release that it would begin drilling operations on two wells during the month of September, one new well on its Gerner lease and a second on its Gerner Trust lease. 
This morning Petron Energy II, Inc. reported that it had completed all drilling operations on each of the new wells drilled on its Gerner and Gerner Trust leases respectively. The Company reports that each well was drilled offsetting wells previously drilled on both leases. During drilling operations, oil began to flow into the pits when drilling through the desired payzone for each well.
Floyd Smith, President and CEO of Petron Energy II, Inc. states, "We are very pleased with the results of each well, when shallow wells produce oil during drilling operations usually it is a very positive sign for the potential of commercial oil production. We strategically chose each drill site, hopeful that we would gain payzone structure thickness compared to previously drilled wells on each lease and we were successful in achieving our goal."
The Company is preparing to stimulate and complete each well for production by mid October and if successful have each well online with commercial oil production during the month of October.
Floyd Smith, President and CEO of Petron Energy II, Inc. goes on to say, "These new wells are part of 5 wells which we have identified virgin payzones which have the potential of producing commercial oil production. We are hopeful that each well will be instrumental in achieving our projected short term goal to increase our oil production rates to 100+ barrels of oil per day."
The Company has set a goal to increase its daily production rate to an estimated range of 110 - 120 barrels of oil per day within 90 days and it believes these wells could be important factors in achieving its goal. The Company will report results as soon as they are available.

Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" (statements which are not historical facts) made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations rather than historical facts and they are indicated by words or phrases such as "anticipate," "could," "may," "might," "potential," "predict," "should," "estimate," "expect," "project," "believe," "plan," "envision," "continue," "intend," "target," "contemplate," or "will" and similar words or phrases or comparable terminology. We have based such forward-looking statements on our current expectations, assumptions, estimates and projections. While we believe these expectations, assumptions, estimates and projections are reasonable, such forward- looking statements are only predictions and involve known and unknown risks and uncertainties, and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements, many of which are beyond our control. These factors include, but are not limited to, the time to consummate the proposed development, completion and extraction; the timing and extent of changes in market conditions and prices for natural gas and oil; the timing and extent of the company's success in discovering, developing, producing and estimating reserves; the economic viability of, and the company's success in drilling, the company's ability to fund the acquisition, development, completion and extraction of oil and gas assets and the company's planned capital investments; the company's future property acquisition or divestiture activities; increased competition; and any other factors listed in the reports the company has filed and may file with the Securities and Exchange Commission. Investors are cautioned not to place undue reliance on these forward-looking statements, which reflect the company's expectations only as of the date they were made. The company undertakes no obligation to update or revise any forward-looking statements to reflect new information or the occurrence of unanticipated events or otherwise.

DALLAS, TX--(PRweb – 9/11/14) – Petron Energy II, Inc. (“Petron II” or the “Company”) (OTCQB: PEII) Petron Energy II, Inc. reports increasing trend in its oil production.

Petron Energy II, Inc., together with its subsidiaries, engages in the acquisition and development of properties for the production of crude oil and natural gas, the transportation of natural gas through its pipeline subsidiary and well servicing through its servicing subsidiary.  The Company’s operations are based in the United States.
This morning Petron Energy II, Inc. announced that it posted its largest year to date production month in August with 482 barrels of oil sold for the month.  The company has been focused on improving its production and their monthly production has been trending higher since June.  The company reported that monthly production for June was 149 barrels, July was 361 barrels and August was 482 barrels representing better than a 300% improvement in its monthly production since June.
Floyd Smith, President and CEO of Petron Energy II, Inc., states, "We are very pleased with our production results and as we progressively implement more of our development plan we estimate that this current trend should continue.”  
The company announced in its August 28, 2014 press release that it will begin drilling operations on two wells this month, one new well on its Gerner lease and a second new well on its Gerner Trust lease.  Petron Energy II, Inc. believes that offsetting its Gerner #2 well which had an initial production rate of 45 barrels of oil per day and the Gerner Trust #1 well which tested over 1.5 million cubic feet of gas per day could if successful, assist in extending the current upward trend of monthly production. Drilling is scheduled to commence Monday September 15, 2014, both wells are expected to be drilled and logged within one week. 
Floyd Smith goes on to say, “We are very excited to have another opportunity to drill on both leases; each lease provides the potential for tremendous upside and production growth."
The company has set a goal for itself to increase its daily production rate to an estimated range of 110 - 120 barrels of oil per day within 90 days and it believes these wells could be important components in achieving the goal. The company will report results as soon as they are available.

Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" (statements which are not historical facts) made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations rather than historical facts and they are indicated by words or phrases such as "anticipate," "could," "may," "might," "potential," "predict," "should," "estimate," "expect," "project," "believe," "plan," "envision," "continue," "intend," "target," "contemplate," or "will" and similar words or phrases or comparable terminology. We have based such forward-looking statements on our current expectations, assumptions, estimates and projections. While we believe these expectations, assumptions, estimates and projections are reasonable, such forward- looking statements are only predictions and involve known and unknown risks and uncertainties, and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements, many of which are beyond our control. These factors include, but are not limited to, the time to consummate the proposed development, completion and extraction; the timing and extent of changes in market conditions and prices for natural gas and oil; the timing and extent of the Company's success in discovering, developing, producing and estimating reserves; the economic viability of, and the Company's success in drilling, the Company's ability to fund the acquisition, development, completion and extraction of oil and gas assets and the Company's planned capital investments; the Company's future property acquisition or divestiture activities; increased competition; and any other factors listed in the reports the Company has filed and may file with the Securities and Exchange Commission. Investors are cautioned not to place undue reliance on these forward-looking statements, which reflect the Company's expectations only as of the date they were made. The Company undertakes no obligation to update or revise any forward-looking statements to reflect new information or the occurrence of unanticipated events or otherwise.

Contact:
Investor Relations Contact:
Synergy: 888-259-9173

 
The Mission of Petron Energy II, Inc. (PEII):
Is to create an asset base consisting of oil and gas properties in low risk areas with years of proven production history. The company will increase the value of its assets through acquisitions, drilling operations and reworking existing wells. We will concentrate our development efforts in Oklahoma and Texas where we presently have 5,000 acres under lease. These contain 93 existing wells which will require rework operations to attempt reestablishing commercial production.
 
Our Strategy:

Is to acquire assets in proven areas with multiple pay zones, manage development cost and take advantage of new technology to maximize daily production rates.Our target market is the Woodford Shale in Northeast Oklahoma and the Tannehill Sand in Texas, each offer high success rates and the potential for long term cash flow.

Petron Energy II, Inc. is engaged primarily in the acquisition, development, production, exploration for and the sale of oil, gas and gas liquids in the United States. As of December 31, 2011 the Company is operating in the states of Texas and Oklahoma. The Company sells its oil and gas products primarily to a domestic pipeline and to another oil company.

Subsidiaries:
 
1. Petron Energy II Pipeline, Inc. is engaged primarily in the transmission of gas and gas liquids for its own wells and third party wells in the United States. As of December 31, 2012 the Company is operating in the state of Oklahoma. In addition, the Company owns and operates two gas gathering systems located in Tulsa, Wagoner, Rogers and Mayes counties of Oklahoma. The pipeline consists of approximately 132 miles of steel and poly pipe, a gas processing plant and other ancillary equipment.

2. Petron Energy II Well Service, Inc. is engaged primarily in Well Service operation for its own wells currently and expects to begin well service operations for third party operators in the future.  As of December 31, 2012 the Company is operating in the states of Oklahoma and Texas.  The Company owns all of its equipment used in the Petron Energy II Well Service, Inc.

Texas Properties:
The company recently agreed to acquire approximately 2800 acres in Munday (Knox County) Texas, this property is comprised of 48 wells. The property has 34 of 48 existing wells capable of producing commercial quantities of oil. We are reviewing the property for further producing zones which may be available.
 
Oklahoma Properties:
Petron purchased a 75% stake in approximately 2600 acres with 59 wells in Wagoner and Tulsa Counties, Oklahoma. We have 56 existing wells and 3 newly drilled wells. This acreage has 5 to 7 payzones, which are capable of producing oil, gas and or both commodities.

The company has purchased 75% equity stake in a 105 mile pipeline gas system, Petron Energy II Pipeline, Inc. The pipeline system extends from Wagoner County into Tulsa County Oklahoma. This system is critical to our development in the area because it provides us access to deliver our gas to market at minimal cost. We believe our ownership of the gas pipeline system will provide us opportunities to grow our acreage as we are the only transporter of natural gas in the area.

The company has also purchased a 75% stake in a second gas pipeline system, Petron Energy II TNT, Inc. This pipeline system extends 30 miles through Wagoner, Mayes, Rogers and Tulsa Counties Oklahoma. There were over 450+ wells drilled and tested in anticipation of the completion of this gas system. This system provides access to a natural gas market for us along with development opportunities for the company. Petron Energy II TNT pipeline is the only gathering system to transport natural gas the area.

 
Secondary Completion – Water/ CO2 Gasflood:
(Explanation of the process.)
Floyd L. Smith – CEO:
Mr. Smith holds a Bachelor of Business Administration from Harding University, and has over 19 years of experience working in the oil and gas industry. In October 1998, Mr. Smith started Petron Energy, Inc. and has been involved in all administrative and field operations for the company. Under his leadership, the company has funded and drilled over 50 wells in twelve years.

Petron Energy II, Inc. is the successor to Petron Energy, Inc. He has knowledge in all phases of drilling, completion and production. He has worked closely with the project geologists and engineers in the origination and acquisition of oil and gas prospects. Mr. Smith is also a member of the president’s council of Harding University in Searcy, Arkansas.

 
Jerry K. Ebanks – Geologist:
Mr. Ebanks received his Bachelor of Science in Geology from Lamar University and his Masters in Geology from the University of Texas. He has worked in varies senior level position in his 46 year career.

Mr. Ebanks has extensive experience in East Texas, North Louisiana, Mississippi, Alabama, South Arkansas, Florida, Offshore Gulf of Mexico, Alaska, China, Australia, New Zealand and Indonesia. In addition, he performed geological evaluations, wellsite planning, mapping seismic planning, seismic oversight and seismic interpretation. Mr. Ebanks brings a very unique set of skill sets which will be very to our company.

 
David Knepper – Petroleum Engineer:
Mr. Knepper has a Bachelor of Science in Engineering from Texas A&M University. He has over 37 years of experience working with oil and gas companies, specializing in production, completions, operations, reservoir analysis and acquisitions. Additionally, Mr. Knepper has expertise in both the technical and financial sides of the oil and gas business.
 
Luke C. Zouvas – Legal Council:
Mr. Zouvas has a Bachelor of Arts degree from San Diego ’96 and his Juris Doctor is from Thomas Jefferson School of Law ’99. His primary focus in law has been the areas of corporate securities, mergers and acquisitions, as well as real estate. He has worked on numerous mergers and acquisitions, advised public companies on securities law issues, advised private companies on general corporate governance matters and engaged in the pro bono representation of small business owners.

Mr. Zouvas has represented issuers and underwriters in initial public offerings, Direct Public Offerings and secondary offerings of securities under the Securities Act of 1933. He also regularly counsels issuers in connection with the preparation of and filing with the Securities and Exchange Commission of periodic reports under the Securities Exchange Act of 1934.

He has a mastery of securities law compliance, having prepared proxy statements, periodic reporting documents, private placement documentation and registration statements, among others. He also has counseled numerous entrepreneurs and early stage companies. Mr. Zouvas has advised issuers, private equity funds, and placement agents in private equity and debt transactions. He also has worked with placement agents and issuers with respect to offerings of securities pursuant to Regulation S and Rule 144A under the Securities Act.
 
Bob Currier – V.P. of Finance:
Bob Currier has a CPA certificate and has over 35 years of experience both in the public accounting and corporate sectors. Since 1987, Mr. Currier has been involved with entrepreneurial ventures in industries ranging from medical to real estate to oil and gas. With these companies, he has been responsible for developing financial reportingsystems, helping raise capital, implementing internal controls and budget preparation. His experience has included both public and private entrepreneurial companies. He has also worked on SEC reporting engagements on a contract basis.

Mr. Currier started his professional career in 1971 with the audit staff at Ernst & Ernst in Kansas City. After six years, he transferred to the Paris, France office where he spent six years working on the audit of the French national oil company (Elf Aquitaine) and U. S. companies such as Eli Lilly and Harris Corporation. On the French national oil company audit he was responsible for the exploration and production subsidiaries, the consolidation and joint venture audits. From Paris he moved to the Dallas office and transitioned from oil and gas auditing to entrepreneurial services and was named the Vice Chairman of the entrepreneurial services group.

Mr. Currier’s experience with the entrepreneurial services group included working with business plans and financial projections for various start-up companies. We believe Mr. Currier’s level of experience provides Petron II with a clear advantage and he is a true asset to the company.

 
Recent Technical Chart:
 


Petron Energy II, Inc.

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PEII
Current Price
Volume:
Bid Ask Day's Range
Wiki
PEII News: Proxy Statement (definitive) (def 14a) 11/24/2014 04:00:55 PM
PEII News: Proxy Statement - Notice of Shareholders Meeting (preliminary) (pre 14a) 11/12/2014 02:31:05 PM
PEII News: Quarterly Report (10-q) 11/07/2014 03:14:09 PM
PEII News: Post-effective Amendment to an S-8 Filing (s-8 Pos) 10/24/2014 04:42:18 PM
PEII News: Withdrawal of Registration Statement (rw) 10/24/2014 04:41:00 PM
PostSubject
#29507  Sticky Note $PEII- the biggest scam ever. SK3 10/11/14 03:33:42 PM
#29711   I was thinking if he actually reached 110 tom56 12/19/14 10:50:16 AM
#29710   He is a convincing liar largo14 12/18/14 08:12:13 PM
#29709   TD WILL NOT LET YOU BUY 000001 WHY?? taldhaliwal 12/18/14 01:01:34 PM
#29708   If Peii cannot make money on producing oil, gonia 12/18/14 07:44:26 AM
#29707   Doesn't matter, they don't have any oil to sell. Bernie-UK 12/17/14 10:50:25 PM
#29706   With oil prices going to $50 b . tom56 12/17/14 04:25:32 PM
#29705   sold my POS shares this morning for a Trod27 12/16/14 11:18:15 AM
#29704   That's definitely worth a big Weeeeeeeeeeeeeeeeeeeeeeeee, Lmao! PEII........ BigJuan 12/13/14 04:58:03 PM
#29703   Lol mine is worth .11. I'll get on it. Richard Perry 12/13/14 04:14:37 PM
#29702   LOL! My bad cash out :)- PEII BigJuan 12/13/14 04:12:40 PM
#29701   What are you talking about. Two days ago Richard Perry 12/13/14 04:06:33 PM
#29700   Floyd is a turd. Anyone still buying this BigJuan 12/13/14 12:34:35 AM
#29699   I hope Floyd loses it all! I remember philly1 12/12/14 07:48:18 PM
#29698   Someone put a bullet in this one and Bernie-UK 12/12/14 04:20:14 PM
#29697   Same here Richard Perry 12/12/14 10:42:36 AM
#29696   WHO IS STILL BUYING!! Liuhisn 12/12/14 10:38:55 AM
#29695   Not having any luck with another pinky I'm Liuhisn 12/12/14 10:36:32 AM
#29694   Liuhisn, Peii, I know, I got millions of gonia 12/12/14 07:35:30 AM
#29693   I went from 600k in shares down to Liuhisn 12/12/14 03:38:38 AM
#29692   I hope that Peii will never be approved gonia 12/11/14 06:35:26 PM
#29691   "SEC approved Finra Rule 6490, which required companies Liuhisn 12/10/14 10:15:35 PM
#29690   It's trading below trip zeros now.... Finckus 12/10/14 07:01:23 PM
#29689   What happened today? The stock price has gone Bernie-UK 12/10/14 06:59:50 PM
#29688   Exactly. All we can do is warn Finckus 12/08/14 09:44:00 PM
#29687   This is a known pump and dump scam UncLeDaD 12/08/14 07:36:14 PM
#29686   This stock is in the potter's ground lol, apple-bag 12/08/14 06:45:39 PM
#29685   I have some holdings here as well, been Finckus 12/06/14 07:23:24 PM
#29684   From what I see your are 100% correct... Silverbearco 12/06/14 05:12:59 PM
#29683   1)this stock is complete garbage, diluted, reverse split, Finckus 12/06/14 03:26:30 PM
#29682   OK new to this board and relatively Silverbearco 12/06/14 10:46:21 AM
#29681   I lost 17k fuck this CEO. lovepenyland 12/05/14 03:50:50 PM
#29680   CEO FLOYD WILL SURELY LEARN SOME OF THE CHS1 12/05/14 12:18:26 PM
#29679   At this point everyone lost everything. What 24K 12/05/14 11:17:12 AM
#29678   WHO NEEDS TWO TURDS, ONE BIG TURD IS CHS1 12/04/14 01:41:36 PM
#29677   Peii, is this turd going to split again, gonia 12/03/14 01:45:12 PM
#29676   Yes, NEWL is a winner too. :) JJL 12/02/14 08:56:04 PM
#29675   Looks like it just got worse. Homebrew 12/02/14 05:35:55 PM
#29674   Did this idiot get arrested yet??? tom56 12/02/14 03:44:31 PM
#29673   PEII has the worst chart I have eve seen. JJL 11/29/14 09:32:21 AM
#29672   MM's do it. Check out $MVI. Up 9,900%. MrDemas 11/28/14 03:50:27 AM
#29671   Just when you thought this stock couldn't get mario3349 11/26/14 09:41:18 PM
#29670   Is this stock dead? Richard Perry 11/26/14 06:35:58 PM
#29669   Real time bid and ask $.000001 http://www.otcmarkets.com/stock/PEII/quote How Phatlander 11/26/14 02:08:22 PM
#29668   0.000001 / 8.000.000 Volume reggabnet 11/26/14 02:00:42 PM
#29667   0.000001 / -99 % / Volume 500.000 reggabnet 11/26/14 01:24:37 PM
#29666   Appears to me that money is being funneled swimom 11/24/14 03:08:31 PM
#29665   People must love losing money they keep buying StockWizard 11/23/14 02:23:28 PM
#29664   I sent an email to the SEC with familyguy6 11/23/14 09:13:49 AM
#29663   Thanks, I may send some emails. Plenty of Homebrew 11/22/14 11:01:43 AM
#29662   SEC attorney's email attached. VNGRD 11/22/14 10:28:28 AM
PostSubject