Thursday, May 07, 2015 9:02:25 AM
"The Company also continues to receive royalty revenue from its farm-out well at Bromhead, which has produced more than 21,700 barrels of oil during 2.3 years of continuous production to date."
"The Company has $1.4M in cash and is debt free, and will continue to explore creative ways to unlock value in its assets. Even in these difficult markets the Company continues to receive expressions of interest for its assets."
"Petro One is also one of the largest shareholders of Goldstrike Resources Ltd. (GSR.V), which recently announced a drill program to follow up on its high grade discovery holes on the Plateau Gold property in the Yukon (Goldstrike Resources News Release May 4 2015). With 6 million free trading shares and 7 million warrants in good standing, Petro One is well positioned to benefit from Goldstrike's ongoing exploration success, which could provide the Company a source of non-dilutive capital going forward."
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM