Petrol Oil and Gas, Inc.(fka POIG)

[sidedraft]

POIG Revoked by SEC

http://www.sec.gov/litigation/admin/2014/34-71496.pdf

[Renee]

POIG SEC Suspension:

http://www.sec.gov/litigation/suspensions/2013/34-70988.pdf

Order:

http://www.sec.gov/litigation/suspensions/2013/34-70988-o.pdf

Admin Proceeding:

http://www.sec.gov/litigation/admin/2013/34-70987.pdf

[WealthyKing]

POIG chart

[fishersgal]

EARTH TO "P O I G" GAS, GAS, GAS it's the place to be according to President Obama - ARE WE POIG INVESTORS AT THE RIGHT PLACE AT THE RIGHT TIME ?????????

[bradakus]

`

[OilStockReport]

Anything going on with this Company?

[Anonymous Nobody]

Good and suspicious.

[Anonymous Nobody]

Anything new here?

[Anonymous Nobody]

Ticker symbol updated to reflect the E. Please notify me if it reverts.

[dragon man]

i have price of 13 cent for stock in my brockage account. wonder what up?

[dragon man]

i was chech on this. it was raising star but fell from grace. what been going on that good. the post i look at tell sad story. will laurus master fund take over trhe comp[any? i notice the stock was up to 10 cents? any good news?

[Big Mur]

For the record, I wasn't trying to bash by bringing it up. I hadn't looked at this stock for quite a long time and was surprised to find the filing. I came to the board just to see what others might be saying about it and hadn't expected there to be no mention of it at all.

[Anonymous Nobody]

To be more clear:

Item 2.04 Triggering Events That Accelerate or Increase a Direct Financial
Obligation or an Obligation under an Off-Balance Sheet Arrangement.

On April 9, 2008, Petrol Oil and Gas, Inc. ("Petrol") received a notice of default (the "Notice of Default") from LV Administrative Services, Inc., administrative and collateral agent for: Laurus Master Fund, Ltd., Valens Offshore SPV I, Ltd., Valens U.S. SPV I, LLC, Calliope Capital Corporation and Pallas Production Corp. (collectively, the "Holders"). The Notice of Default asserts that Petrol is in default of certain obligations under its Secured Convertible Term Note, dated October 28, 2004, in the principle amount of $8,000,000; its Secured Term Note, dated October 31, 2005, in the principle amount of $10,000,000; its Secured Term Note, dated March 31, 2006, in the principle amount of $5,000,000; and its Secured Term Note, dated May 26, 2006, in the principle amount of $10,000,000 (collectively, the "Notes").

The Notice of Default demands immediate payment of all monies due under the Notes because of multiple events of default, including failure to make payments when due. Pursuant to the declaration of an event of default, the Holders have declared the entire outstanding and unpaid principal amount of the Notes, together with the accrued and unpaid interest immediately due and payable. The Notice of Default asserts that of April 8, 2008, the total amount due to the Holders is $34,881,420.09. The Notes are collateralized by substantially all of the assets of the Company.

[Big Mur]

Nobody's commented about the April 15th filing?

http://biz.yahoo.com/e/080415/poig.ob8-k.html

[Anonymous Nobody]

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[Anonymous Nobody]

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[MWM]

In the last 10Q... Rev's are decreasing here but one to keep an eye on...

http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=5556447

[Anonymous Nobody]

When was that issued?

[MWM]

Leases from last 10Q

Petrol-Neodesha Project
-----------------------

Our gas producing leases known as Petrol-Neodesha, in the
Neosho and Wilson counties, account for approximately 10,000 of the
Company's total of approximately 56,000 gross leased acres. However,
this project produces substantially all of the Company's gas
production.

The Petrol-Neodesha Project includes over 100 CBM production
wells, 8 saltwater disposal wells ("SWD Wells") wells and a fully
contained and integrated gas gathering pipeline and gas processing
system. At this time, we have suspended our development plan for the
Petrol-Neodesha Project and have discontinued lease acquisitions in
the area due a shortage of funds. The Petrol-Neodesha properties have
provided us with the bulk of our revenue stream and value in proven
producing reserves and therefore represent the most valuable group of
assets of the Company. However, if we do not resume development of
these properties, we expect to see revenues decline as existing wells
mature and experience production declines.

Coal Creek Project
------------------

The Coal Creek Project, centered in Coffey County, Kansas,
includes leases covering about 46,000 gross acres. Leases for the Coal
Creek Project covering approximately 46,000 gross acres have recently
expired. The Company has invested approximately $15 million in the
Coal Creek Project for the construction of a gathering system and the
drilling and completion of over 50 CBM wells. Of these wells, only
four wells are producing natural gas, and only one of these is
producing CBM. Total production from these wells is minimal. Due to a
number of technical issues with the wells and the geology, it is
doubtful that significant production will ever be obtained from these
properties. The Company does not currently plan to drill any
additional CBM wells in the Coal Creek Project. The Company doubts
that the Coal Creek Project will at any time in the future contribute
to the Company's revenues to any significant extent. The Company is
currently evaluating whether there are exploration and development
opportunities for oil or conventional natural gas from the leases
acquired for the Coal Creek Project.

Oil Field Project
-----------------

Petrol holds a 100% working interest in several oil
producing properties in eastern Kansas that produced approximately
22,249 barrels of oil (bbl) during 2006 (17,954 bbl net to Petrol).
The oil producing wells on these properties and in the surrounding
areas are generally defined as stripper wells and usually produce
under the influence of a water flood. A part of the leases that
comprise this project were sold in September 2007. See Note 8 to the
Company's Condensed Financial Statements included herein.

[Anonymous Nobody]

0.04 5000 OBB 02/04
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[dragon man]

the press lease yesterday was bad to bone. coal section that they were going to develment is worthless. not enought gas in the coal. I reallty though the company was going some place.

[hayloft999]

I'm in other stocks at the moment including SCLL/XKEM/TASR and CKYS and so my money's tied up for the short term. Technically POIG could go down further and so it's not for me yet.

[dragon man]

at this price, get back in and sit on it. if you holder about year , i think the stock get back up. all the probems seem to have been fix and they working hard to get more wells dewater faster so sale will increase andmore money start coming in. that the answer for stock to start up again. sell price 1.00 and you make money and i be able to ball out. have to buy some more to get a profit at one dollar.

[hayloft999]

You make a good point but for me the juy's out! GLTY

[dragon man]

maybe with new water wells and dewatering probem is fix now and company will be gin to sell more gas. I still like for them to drill 2 more water wells . the company will not get any more money untill money income increase and sale of gas increase. for every 2 dollar in assets they loan 1 dollar with 2 dollars in sales per 1 dollar in instrest payment. they gas price may bottom out and will stay at this price.

[hayloft999]

Dragon man, I certainly haven't held POIG for 2 years but I did lose money on it. I have watched its pitiful performance over the past 2 years with a view to getting back in but that view has almost deteriorated to nothing. I'm out until a consolidated reversal pattern is evident. GLTY

[dragon man]

you are not the only one holding this stock for 2 years. Yes the had probem with new areas. too much water and When I read the news release, I saw 2 more water wells.I though that they just drill one new water well. May be they need to drill more water wells so the can start drilling a lot of wells and get them dewater faster. I bought some stock at this level too. hope it would go back up in 2 years. thing the stock has 2 year curve. start off top heavy on curve and fall to lean side , then goes back up.

[Golden Cross]

And somewhat half-truth's IMHO.....

[Golden Cross]

I will not either, until a VERY strong reversal...downtrend is horrible.....

[hayloft999]

Gateway: I have listened to the same rhetoric coming out of POIG's mouth for the last 2 years about improving shareholder wealth/value but all that I've seen is the PPS dip from $2 to under 50 cents as it is now. Until I see a strong reversal in the pps I won't be entertaining it anytime soon! GLTY

[Golden Cross]

Petrol Oil and Gas, Inc. Provides Letter to Stockholders
Thursday January 11, 8:30 am ET


OVERLAND PARK, Kan., Jan. 11 /PRNewswire-FirstCall/ -- Petrol Oil and Gas, Inc. (OTC Bulletin Board: POIG - News), an independent oil and gas company with operations in Kansas, today announced that the following letter is being distributed to its stockholders.
ADVERTISEMENT


Dear Stockholder:

I am pleased to provide you with an update on recent corporate activities and the outlook for our company. During the past year, Petrol has made great progress in positioning itself for significant growth in 2007 and future years. Our primary near-term goal is to substantially increase gas production from both our Neodesha and Coal Creek properties in Kansas. While our revenue rose by a respectable 13% last year to approximately $6.8 million, many of the initiatives we implemented were designed to build an oil and gas infrastructure capable of generating stable and growing production for the long term.

Our activities during 2006 were focused on drilling additional coalbed methane wells and resolving some of the operating issues that tended to limit gas production. We increased our proved developed producing (PDP) reserves in the Neodesha Project by drilling 17 new wells, bringing to 104 the number of production wells on the property by the end of 2006, and I am pleased to report that every Neodesha well that we have drilled and completed has been a successful producer. With our current production and gas gathering infrastructure, we believe the 10,000-acre Neodesha Project can support an additional 50 to 100 producing wells and should serve as a predictable source of gas production and revenue for many years to come.

Of course, we believe the catalyst for a significant acceleration in Petrol's future growth in production and revenues involves the development of our Coal Creek Project. Petrol invested heavily in Coal Creek during 2006 and, in fact, most of the $15 million we borrowed under our credit facility last year was dedicated to drilling activities and the development of production and distribution infrastructure on this 92,000-acre project. By year-end, 49 producing gas wells had been connected to the Enbridge regional interstate pipeline, and we drilled two additional saltwater disposal (SWD) wells in order to accelerate the dewatering of the "virgin" Coal Creek coalbeds. Although delays related to access into the interstate pipeline and the expansion in saltwater disposal capacity limited Petrol's production growth in 2006, we are confident in our ability to more efficiently liberate gas from the coalbeds in this new project during 2007.

Gas production from Coal Creek steadily increases as we accelerate our de-watering activities and continue to connect additional production wells to the Enbridge pipeline. In October 2006, we received approval from the Kansas Corporation Commission to operate two new SWD wells bringing to 5 the total number of SWD wells in Coal Creek. The resulting increase in water disposal capacity should allow all 49 Coal Creek production wells to de-water faster and more efficiently, driving gas sales higher in coming months. The resultant increase in revenues should support a resumption in the Coal Creek drilling program as the year progresses. On a long-term basis, we believe Coal Creek has the potential to support up to 1,000 production wells.

Many investors in energy-related companies are undoubtedly nervous about the recent volatility in the price of crude oil. Although the price of oil declined sharply in early January 2007, such prices have little impact on Petrol's financial performance, as our primary production comes from gas rather than oil, and the long-term forecast for natural gas prices remains quite favorable. To reduce the adverse effects of short term gas price fluctuations, we have ongoing hedges amounting to 2,000 thousand cubic feet (Mcf) of gas per day at $8.59 per Mcf through March 2007 and have negotiated a hedge for 1,000 Mcf per day from April 1, 2007 to March 31, 2008 at an average price of $7.32 per Mcf.

In addition to monetary investments in operations and infrastructure during 2006, we added key personnel with the experience and expertise to support our long term growth objectives. Recently, we welcomed Robert H. Kite and Duane D. Fadness to our Board of Directors. Mr. Kite has been extensively involved in various corporate aspects in the oil and gas industry and brings over 20 years of experience in public company Board governance to Petrol. Mr. Fadness has more than 25 years of experience in developing and financing oil and gas projects in the U.S., Canada and Europe. We look forward to significant contributions by both of these highly-qualified individuals as Petrol pursues its growth objectives.

In summary, 2006 was a year of substantial progress during which Petrol's investments in operational infrastructure positioned us for a significant expansion in production during 2007. We appreciate the continued support of our stockholders and believe that Petrol is well on the way towards the realization of its growth potential in the domestic energy industry.


Sincerely,

Paul Branagan
Chief Executive Officer

January 11, 2007


About Petrol Oil and Gas, Inc.
Petrol Oil and Gas, Inc. is an oil and gas exploration and development company currently involved in the development of natural gas from leases encompassing approximately 165,000 gross acres in Kansas and Missouri. Its common stock is traded on the OTC Bulletin Board under the symbol "POIG".

[Golden Cross]

Confusing....news today

[hayloft999]

Gateway, I just don't get it with POIG I'm looking to get back in but momentum (however slow) is still downward. With all the new wells coming on line revenues must increase substantially soon and that has to be reflected in the PPS surely. Would appreciate any input you may have! Many thanks in advance!

[Golden Cross]

Petrol Oil and Gas Provides Operational Update
Tuesday September 5, 7:01 am ET
Company to Expand Production at Neodesha Project


OVERLAND PARK, Kan.--(BUSINESS WIRE)--Sept. 5, 2006--Petrol Oil and Gas, Inc. (OTCBB: POIG - News), an independent oil and gas company with operations in Kansas and Missouri, today provided an update on development and production activities at its Neodesha and Coal Creek projects. These projects, which are located in southeastern Kansas, primarily involve the production of natural gas from underground coal beds commonly called Coal Bed Methane (CBM).
ADVERTISEMENT


Neodesha

Petrol continues to enjoy a 100% success rate in the drilling and completion of gas production wells in its 10,000 gross-acre Neodesha project. Current Neodesha production approximates 2,860 Mcfd from 95 production wells. Two new wells have been fracture-stimulated with advanced hydraulic techniques provided by Pinnacle Technology ("Pinnacle"), and six more new wells will be stimulated in a similar manner during the next several weeks. In order to increase gas production and revenue levels, Petrol is expanding and accelerating its Neodesha drilling program during the remainder of 2006. The Company's revised drilling plan now calls for 20 new wells to be drilled and completed in Neodesha before the end of the year, which will bring the number of new wells drilled during 2006 to 31.

The utilization of Pinnacle's advanced fracture technology is intended to assure that all available gas-bearing coals are stimulated and able to produce into the wellbore. These techniques involve perforation and staging procedures that assure the effective stimulation of the more than 10 gas-bearing coal beds that are penetrated by new wells in the Neodesha project. Real-time data acquired during the one-day fracturing process is used to create a 3-D map of the fracture as it expands, as well as defining the placement of proppant within the fracture space. Employment of these techniques not only improves production rates but also improves efficiency by reducing time, equipment and costs involved in the entire fracturing process.

Approximately 2,000 Mcfd of Neodesha gas production is hedged through March 2007 at an average price of $8.80 per Mcfd, with the remainder of production from the project sold at the prevailing market price.

"With added confidence acquired from the use of advanced stimulation techniques, we are accelerating our drilling efforts for the remainder of 2006 in our proven Neodesha project area," continued Branagan. "This will accelerate production and sales from Neodesha, while allowing our field operations personnel to focus upon the effective de-watering of the new Coal Creek project wells."

Coal Creek

To date, Petrol has completed 43 production wells and 3 saltwater disposal (SWD) wells in its 92,000 gross-acre Coal Creek project. Initial water production in the new Coal Creek development area has been higher than anticipated and has strained the injection capacities of the existing SWD wells. To remedy this situation, the Company has drilled, completed, and tested 2 additional SWD wells that should approximately double the current disposal capacity and accommodate excess water production.

Currently, 30 of the CBM production wells are flowing into gas gathering and/or water disposal systems, while others are in various stages of specialized testing to determine which coal beds produce more than anticipated volumes of water. The results of these tests, which should be available in the next several weeks, will allow field personnel to either shut off or avoid the highest water-producing intervals and target the remaining multiple gas-producing coal beds. Approval by the Kansas Corporation Commission to activate the 2 new SWD wells is expected during September, and this will allow all 43 production wells as well as other new wells to be included in the de-watering process.

As a result of excess water production and delays in connecting wells to the Enbridge interstate pipeline earlier this year, significant production and revenue from Coal Creek gas sales will not benefit the Company's operating results until late in the fourth quarter of 2006 or early next year. Encouraging and increasing levels of gas production from wells currently being de-watered indicates high natural fracture permeability in the gas-bearing coal intervals. Gas production rates from these new wells during the early de-watering process currently ranges from 5 Mcfd to over 100 Mcfd.

"When drilling new CBM wells in fields that have not been previously de-watered, there is always uncertainty as to the amount of water that must be pulled off the coals before significant volumes of gas can flow into the sales pipeline," observed Paul Branagan, Chief Executive Officer of Petrol Oil and Gas, Inc. "In our Coal Creek project, we have encountered greater-than-expected water production in certain of the coal-bearing zones and are expanding our ability to manage and dispose of this water with SWD wells and higher-capacity pumps. While this has postponed the realization of significant Coal Creek gas sales by several months, it does not diminish the long-term potential of the project. The gas-bearing nature of coal beds in southeastern Kansas has been well-documented, and we are confident that production from our Coal Creek project will significantly enhance shareholder value in coming years."

Petrol holds a 100% working interest (WI) and an average 80% Net Revenue Interest (NRI) in both the Coal Creek project and the Neodesha project. On a long-term basis, the Company believes the two projects have the combined potential to support over 700 producing gas wells

About Petrol Oil and Gas, Inc.

Petrol Oil and Gas, Inc. is an oil and gas exploration and development company currently involved in the development of natural gas from leases encompassing approximately 165,000 gross acres in Kansas and Missouri. Its common stock is traded on the OTC Bulletin Board under the symbol "POIG".

[Golden Cross]

DNE: Dune Energy Announces Spud of New Barnett Shale Well
Monday July 31, 7:00 am ET


HOUSTON, July 31 /PRNewswire-FirstCall/ -- Dune Energy, Inc. (Amex: DNE - News; "Dune") announced today that it had spudded a new well targeting the Barnett Shale formation. The well, the Foster-McPeek #1, located in Denton County, Texas, will be drilled to a total depth of approximately 9,000 feet. This well is an offset to Dune's McPeek #2, which encountered a significant Barnett Shale section, and is scheduled for fracture stimulation in mid August, pending equipment availability. Management expects the Foster-McPeek to reach total depth in about 30 days, which will then allow the rig to be moved to Dune's Pitts #2 location. Dune owns a 95% WI interest and a 73.15% NRI in the well.
ADVERTISEMENT


The Foster-McPeek #1 is the second of four wells Dune has committed to drill with the same rig (the McPeek #2 being the first). In addition, as previously announced, Dune expects delivery of the Itera #1 Rig in mid to late August 2006, for an initial term of two years. The Itera #1, which will be dedicated solely to Dune, will be capable of drilling both horizontal and vertical wells.

Dune is an aggressive and rapidly growing oil and gas exploration and production company with operations presently concentrated along the Louisiana/Texas Gulf Coast as well as the Fort Worth Basin Barnett Shale. Additional information is available at http://www.duneenergy.com.

FORWARD-LOOKING STATEMENTS: This document includes forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning estimates of expected drilling and development wells and associated costs, statements relating to estimates of, and increases in, production, cash flows and values, statements relating to the continued advancement of Dune Energy, Inc.'s projects and other statements which are not historical facts. When used in this document, the words such as "could," "plan," "estimate," "expect," "intend," "may," "potential," "should," and similar expressions are forward-looking statements. Although Dune Energy, Inc. believes that its expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Important factors that could cause actual results to differ from these forward-looking statements include the potential that the Company's projects will experience technological and mechanical problems, geological conditions in the reservoir may not result in commercial levels of oil and gas production, changes in product prices and other risks disclosed in Dune's Annual report on Form 10-KSB filed with the U.S. Securities and Exchange Commission.


Contacts: Alan Gaines, Chairman & CEO
Dune Energy, Inc.
713-888-0895

Jack Lascar, Partner
DRG&E / 713-529-6600

[Golden Cross]

Petrol Oil and Gas Provides Update on Neodesha Production and Development Activities
Monday July 31, 8:00 am ET


OVERLAND PARK, Kan.--(BUSINESS WIRE)--July 31, 2006--Petrol Oil and Gas, Inc. (OTCBB: POIG - News) today provided an update on activities at its Petrol-Neodesha coalbed methane ("CBM") project, which is located in Wilson and Neosho counties in southeastern Kansas.
ADVERTISEMENT


Since January 1, 2006, Petrol has completed six new multi-zone production wells on its Petrol-Neodesha ("Neodesha") properties, with a 100% success rate. Currently these six new wells are producing approximately 240 thousand cubic feet of gas per day (Mcfd). Overall Petrol-Neodesha production has increased from 2,598 Mcfd on January 1, 2006 to a current rate of 2,860 Mcfd. In addition, Petrol has drilled five successful multi-zone wells that are awaiting completion. Drill stem tests on these five wells ranged from a low of 40 Mcfd to a high of 415 Mcfd. Petrol plans to drill and complete approximately 14 additional Neodesha wells during the balance of 2006, for a total of approximately 25 new wells in the project for the full year.

Petrol-Neodesha currently includes 95 wells on its 10,000 gross acres that are producing approximately 2,860 Mcfd Petrol has hedged approximately 2,000 Mcfd through March 2007 at an average price of $8.80 per Mcfd, with the remainder of the Neodesha production sold at market price.

"In May 2006, we implemented advanced stimulation methodologies and re-completion techniques at the Neodesha project," stated Paul Branagan, Chief Executive Officer of Petrol. "We have begun acquiring and analyzing real-time data during our fracture stimulation treatments. Once management has a sufficient data set, we will utilize state-of-the-art fracture modeling to assist production engineers in defining the extent that hydraulic fractures penetrate and stay within the production zones. The program is designed to improve our overall understanding of the effectiveness of multi-zone stimulations and their ability to enhance production and reduce stimulation costs."

Petrol has also targeted a number of wells that are currently producing from only one zone, such as the Mulky-Summit, for re-completion. The objective of this re-completion program is to access and, where applicable, tap into and produce other gas-bearing zones that were bypassed when the previous owners drilled the wells. Petrol believes that potentially significant untapped quantities of gas (i.e., 'bypassed gas') may be located behind pipe, and that such gas can contribute to Petrol's overall production and reserve base.

"We believe that we can expand the number of producing gas wells in the Neodesha project significantly over the next several years," continued Branagan. "Because the coals in Neodesha have been partially 'dewatered' by offset wells, gas production from new CBM wells begins within days of completion. In contrast, the coals in our new Coal Creek project, about 55 miles to the north, are in the very early-stages of de-watering and thus substantive gas production is delayed between 6 to 9 months. We are continuing an aggressive development program in the Coal Creek project to supplement production from our Neodesha Project."

Petrol has retained Pinnacle Technologies of Houston and Pentagon Technical Services of Denver to provide technical consulting and field support on specific fracturing/chemical strategies to optimize its completion techniques, reduce operational costs and improve production at its Neodesha and Coal Creed project areas.

About Petrol Oil and Gas, Inc.

Petrol Oil and Gas, Inc. is an oil and gas exploration and development company currently involved in the development of oil and natural gas from leases encompassing approximately 165,000 gross acres in Kansas and Missouri. Its common stock is traded on the OTC Bulletin Board under the symbol "POIG."

Forward-Looking Statement: The statements in this press release regarding the Petrol-Neodesha Project, the number of new and completed wells in this area, new well success rates, Petrol-Neodesha operations, the Coal Creek Project, the amount of gas production being derived from the wells, amount of gas hedged, any implied or perceived benefits from Petrol's CBM assets, and any other effects resulting from any of the above are forward-looking statements. Such statements involve risks and uncertainties, including, but not limited to, actual amount of gas production at the Petrol-Neodesha Project, the continued production of gas at historical rates, the actual de-watering delay and anticipated ongoing delays at Coal Creek Project, sufficient additional funding to complete the Coal Creek Project, costs of operations, delays, and any other difficulties related to producing minerals such as oil or gas, Petrol's continued maintenance of its properties, price of oil or gas, marketing and sales of produced minerals, risks and effects of legal and administrative proceedings and governmental regulation, future financial and operational results, competition, general economic conditions, and the ability to manage and continue growth.

Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. Important factors that could cause actual results to differ materially from the forward-looking statements Petrol makes in this news release include market conditions and those set forth in reports or documents Petrol files from time to time with the SEC. Petrol undertakes no obligation to revise or update such statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.



Contact:
Petrol Oil and Gas, Inc.
Investor Information, 702-454-7318
www.petroloilandgas.com
or
CEOcast, Inc. for Petrol Oil and Gas
Andrew Hellman, 212-732-4300 x 225

[Golden Cross]

POIG/EDNE: Hurricane Season Sparks Concerns Over Oil and Natural Gas Supply Disruptions and Higher Energy Prices
Tuesday June 13, 9:00 am ET


NaturalGasStocks.com Looks at How Oil and Natural Gas Industry Participants, Chesapeake Energy, Eden Energy, Petrol Oil and Gas and Goodrich Petroleum Prepare for the Summer Months


POINT ROBERTS, WA and DELTA, BC--(MARKET WIRE)--Jun 13, 2006 -- www.NaturalGasStocks.com (NGS) and www.OilandGasStockNews.com (OGSN), global investor websites for the natural gas, energy and oil industries, take a look at speculation surrounding the 2006 hurricane season in terms of potential impacts on oil and natural gas supplies and prices. With the oil and gas sector, and in particular the Gulf region, still recovering from the devastation caused by Katrina, a damaging 2006 storm season could escalate industry pressures through additional disruptions and shut-ins, leading to higher energy prices. Industry participants Chesapeake Energy, Eden Energy Corp, Petrol Oil and Gas and Goodrich Petroleum forge ahead with their pursuit of increased exploration, development and production levels, with a close eye on Gulf coast weather activities.
The National Oceanic & Atmospheric Administration (NOAA) anticipates this season to be highly active with predictions of between 13 to 16 named storms, with 8 to 10 becoming hurricanes, of which 4 to 6 could become 'major' hurricanes reaching Category 3 strength or higher.

While there is anticipation for an active storm season due to numerous variables, most experts do not anticipate the level of activity we saw last year. Jon Davis, Meteorologist with Chesapeake Energy Corp (NYSE:CHK - News) explains, "Last year was an exceedingly unique situation on many different levels and based on the significant differences in last year's conditions that produced a record number of storms in the Gulf, and what we have going on right now, we do not expect the same level this year."

In addition to the highly anticipated activity of storms along the coast, the nation is also facing the challenges of hot temperatures that accompany the summer months ahead. Paul Branagan, President of Petrol Oil and Gas, Inc. (OTC BB:POIG.OB - News) explains, "Most of the country is already experiencing some pretty high temperatures and given that summer is still about two weeks off this means that the utilities usage of fossil fuels is and will probably continue at high levels throughout the summer. That demand mixed with the potential adverse effects of the hurricane season suggests that the oil and gas market will remain extremely volatile and producers both big and small will have to work hard to maintain supply."

Goodrich Petroleum's (NYSE:GDP - News) President, Robert Turnham adds, "The impact to the supply system for oil and gas depends on the path of the hurricanes. If they take the same path as last year we will once again have a tremendous amount of production shut-in and potentially lost due to wind and storm surge damage and we could also see further destruction of demand."

With a pull back on natural gas prices due to a mild winter, weather once again holds the wildcard on price influence as we move forward into the summer months. Jeff Mobley, Vice President of Investor Relations and Research for Chesapeake Energy states, "To the extent that you take production offline in the Gulf of Mexico that would very quickly fix the short term supply and demand imbalance and gas prices would go up materially."

With this in mind, many domestic oil and gas companies are working to increase exploration, development and production to continue to meet the growing energy demands. As Don Sharpe, CEO of Eden Energy Corp. (OTC BB:EDNE.OB - News), an oil and gas exploration and development company describes, "Our company continues to acquire and develop a very high quality portfolio of large prospects in the US with the objective of finding and developing major sources of oil and gas for America." To Read the Hurricane Season Overview: http://www.naturalgasstocks.com/Articles/061306.asp

NaturalGasStocks.com (NGS) and OilandGasStockNews.com (OGSN) are portals within the InvestorIdeas.com(TM) content umbrella. Our sites do not make recommendations, but offer investors research, news and links to public companies within the oil and gas sector.

NGS and OGSN also include one of the most comprehensive free oil and gas stock lists in the investment industry: http://www.naturalgasstocks.com/Companies/NaturalGas/Stock_List.asp

Featured Oil and Gas Portal Sponsors: (OGSN and NGS are compensated by EDNE and POIG as indicated in disclaimer below)

Petrol Oil and Gas, Inc. (OTC BB:POIG.OB - News) For more info click here: http://www.NaturalGasStocks.com/Petrol_Oil_and_Gas/Default.asp

Eden Energy Corp. (OTC BB:EDNE.OB - News) For more info click here: http://www.oilandgasstocknews.com/CO/EDNE/Default.asp

Investorideas.com Disclaimer: www.InvestorIdeas.com/About/Disclaimer.asp Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. These sites are currently compensated by its "featured companies" -- Eden Energy Corp. (OTC BB:EDNE.OB - News) Three thousand five hundred dollars per month. Petrol Oil and Gas, Inc. (OTC BB:POIG.OB - News) Four thousand dollars per month, plus six thousand dollars per month in one forty-four shares.



Contact:
For more information contact:
Dawn Van Zant
800.665.0411

Ann-Marie Fleming
866.725.2554

Email: Email Contact or Email Contact
Web Site: http://www.InvestorIdeas.com

[Golden Cross]

Petrol Oil and Gas Accelerates Development Activities at Coal Creek Project
Wednesday June 7, 2:13 pm ET
Company Receives An Additional $10 Million in Debt Financing To Support Drilling Activities


LAS VEGAS--(BUSINESS WIRE)--June 7, 2006--Petrol Oil and Gas, Inc. (OTCBB: POIG - News) announced today the closing of an additional $10 million to support its expanded development program on its Coal Creek Project. This third tranche represents $25 million in funding recently acquired from Laurus Master Fund in an agreement that provides debt financing of up to $50 million.
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"We began implementing our full field development program on the Coal Creek Project last November with the first $10 million tranche. Results from the Coal Creek project have been so encouraging that Laurus has provided us with an additional $15 million in development funds," said Paul Branagan, Petrol's Chairman and CEO. "As a result of these funding tranches, our field operations team will be able to accelerate the new well drilling and development program in the area, which should significantly increase our fiscal 2006 revenues and enhance our reserve and asset position."

The Coal Creek development program plan is based upon drilling and completing an estimated 540 gas production wells over a two to three year period, along with emplacing miles of gas gathering pipelines and infrastructure to process, transport and sell our gas into mid-west markets. To better manage the development of the 92,000 gross acres in the Coal Creek project and take advantage of the three interstate pipelines crossing Petrol's leases, Petrol divided the project into three fully self contained areas; Burlington, Waverly and Lebo.

Since development began in November, Petrol has brought on line 44 production wells, 3 salt water disposal (SWD) wells and gas gathering infrastructures in the Burlington and Waverly areas. In April, the Company received an additional $5 million which is being used to further the Coal Creek development primarily with the drilling and completion of additional production wells.

Petrol holds a 100% working interest (WI) and an average 80% Net Revenue Interest (NRI) in the entire Coal Creek Project, covering coal bed methane (CBM) and other oil and gas reserves located in eastern Kansas and western Missouri.

Forward-Looking Statement: The statements in this press release regarding the Laurus debt facility, actual and anticipated market conditions, actual number of wells to be drilled in the Coal Creek Project, the actual number of leased acres in the Coal Creek Project, Petrol's actual NRI, Petrol's ability to increase its fiscal 2006 revenues, any implied or perceived benefits from the Laurus debt facility and/or Petrol's CBM assets, and any other effects resulting from any of the above are forward-looking statements. Such statements involve risks and uncertainties, including, but not limited to, the continued production of gas at historical rates, total funds available to Petrol under the Laurus debt facility, costs of operations, delays, and any other difficulties related to producing minerals such as oil or gas, continued maintenance of the oil field and properties, price of oil or gas, marketing and sales of produced minerals, risks and effects of legal and administrative proceedings and governmental regulation, future financial and operational results, competition, general economic conditions, and the ability to manage and continue growth.

Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. Important factors that could cause actual results to differ materially from the forward-looking statements Petrol makes in this news release include market conditions and those set forth in reports or documents Petrol files from time to time with the SEC. Petrol undertakes no obligation to revise or update such statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

A copy of the Laurus financing agreements will be filed as exhibits to a Form 8-K, which will be available through the SEC's website (www.sec.gov).



Contact:
CEOcast, Inc. for Petrol Oil and Gas
Andrew Hellman, 212-732-4300

[hayloft999]

Why has POIG been dead money for so long? Surely the potential for greater revenues from the increased well capacity should outweigh the 2 tranches of loans received. I've held it for over 12 months now and averaged down to $1.85. I thought I was on to a winner, obviously not!!!!!!!

Can anyone enlighten me as to where they think POIG is going as maybe my money can be served better elsewhere. MTIA

[Golden Cross]

Petrol Oil and Gas Announces First Quarter Results
Monday May 22, 7:00 am ET
Investments in Operations and Infrastructure Expected to Expand Production Throughout 2006


OVERLAND PARK, Kan.--(BUSINESS WIRE)--May 22, 2006--Petrol Oil and Gas, Inc., (OTCBB:POIG - News) with mineral rights to approximately 165,000 gross acres in Eastern Kansas and Western Missouri, announced today results for the quarter ended March 31, 2006. Petrol had revenue of $1,216,025 compared to $1,190,611 in the fiscal 2005 first quarter. Petrol had a net operating loss of $1,118,875 compared to the year earlier period when it had a net operating loss of $1,289,542. The fiscal 2006 net operating loss included non-cash depreciation, depletion and amortization expenses of $464,649, compared to $349,454 in the fiscal 2005 first quarter. The 2006 first quarter loss also included $154,010 in pipeline costs that Petrol did not incur in the first quarter of fiscal 2005.
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Petrol reported a 2006 first quarter net loss of $1,809,195 or $0.06 per share, compared to a net loss of $1,671,704 or $0.08 per share in the first quarter of 2005. The fiscal 2006 results included $692,114 in interest expenses, compared to similar expense of $395,815 in the year-earlier period. Higher interest expense was a result of higher levels of indebtedness to support Petrol's drilling activities.

"During the first quarter, we focused on field development of our Coal Creek Project areas and thus made significant investments in staffing our field operations, de-water many of our new wells in the Burlington and Waverly areas and connecting our gas compressors and gas processing systems into a regional interstate pipeline owned by Enbridge, which we successfully completed in early May," said Paul Branagan, President and CEO of Petrol. "We believe these investments will yield demonstrable results in the second quarter and throughout the balance of the year, as it expands gas sales from new production wells in the Burlington and Waverly areas that will supplement our existing Neodesha area production. In addition, the $5 million tranche of debt funding we recently secured allows our field operations to continue the aggressive development program Petrol initiated last November on our Coal Creek Project, which will allow us to accelerate drilling activities and the completion of additional production wells. We believe that as we expand production from the Burlington and Waverly areas that we will be well positioned to increase production revenues throughout the year."

The Coal Creek development plan is based upon drilling and completing some 540 wells over a two to three year period, along with miles of gas gathering pipelines and infrastructure to process, transport and sell gas in mid-west markets. To better manage the development of the 92,000 gross acres in this project and take advantage of the three interstate pipelines crossing Petrol's leases, Petrol divided the project into three fully self contained areas; Burlington, Waverly and Lebo.

Petrol holds a 100% working interest (WI) and an average 80% Net Revenue Interest (NRI) in the entire Coal Creek Project, covering coal bed methane (CBM) and other oil and gas reserves located in eastern Kansas and western Missouri.

The Company will hold a conference call today at 9:00 a.m. eastern time to discuss the results and outlook for 2006. Interested participants should call [phone] for domestic access or [phone] for international access. Please reference Conference I.D. Number 9690547. There will also be a replay available for 30 days following the date of the call. To access the replay, please dial [phone] for domestic callers or [phone] for international callers.

This call is being webcast and can be accessed through Petrol Oil and Gas's web site at www.petroloilandgas.com until June 22, 2006.

In addition, as of January 1, 2006 Petrol emerged from the filing designation as a Small Business and the first quarter of 2006 was Petrol's first filing quarter as a non-SB filer. A copy of Petrol's first quarter Form 10-Q is available on the SEC's website (www.sec.gov).

Forward-Looking Statement: The statements in this press release regarding Petrol's first quarter operating results, the actual number of Petrol's leased acreage, Petrol's ability to expand its production, actual and anticipated market conditions, actual number of wells to be drilled in the Coal Creek Project, the actual number of leased acres in the Coal Creek Project, Petrol's actual NRI, any implied or perceived benefits from Petrol's CBM assets, and any other effects resulting from any of the above are forward-looking statements. Such statements involve risks and uncertainties, including, but not limited to, the continued production of gas at historical rates, total funds available to Petrol under its current debt facility, costs of operations, delays, and any other difficulties related to producing minerals such as oil or gas, continued maintenance of the oil field and properties, price of oil or gas, marketing and sales of produced minerals, risks and effects of legal and administrative proceedings and governmental regulation, future financial and operational results, competition, general economic conditions, and the ability to manage and continue growth.

Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. Important factors that could cause actual results to differ materially from the forward-looking statements Petrol makes in this news release include market conditions and those set forth in reports or documents Petrol files from time to time with the SEC. Petrol undertakes no obligation to revise or update such statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.



Contact:
Petrol Oil and Gas, Inc.
Investor Information, 702-454-7318
www.petroloilandgas.com
or
CEOcast, Inc. for Petrol Oil and Gas
Ed Lewis, 212-732-4300, Ext. 225

[Golden Cross]

Petrol Oil and Gas to Announce First Quarter Results on Monday, May 22nd
Friday May 19, 5:18 pm ET
Company to Hold Conference Call to Discuss Results and 2006 Outlook at 9:00 A.M. Eastern Standard Time


LAS VEGAS--(BUSINESS WIRE)--May 19, 2006--Petrol Oil and Gas, Inc. (OTCBB:POIG - News), an independent energy exploration and development company with properties in Kansas and Missouri, announced today that it will release its first quarter results for the period ended March 31, 2006 on Monday, May 22nd, before the market opens.
ADVERTISEMENT


The Company will hold a conference call that day at 9:00 a.m. eastern time to discuss the results and outlook for 2006. Interested participants should call [phone] for domestic access or [phone] for international access. Please reference Conference I.D. Number 9690547

This call is being webcast and can be accessed through Petrol Oil and Gas's web site at www.petroloilandgas.com until June 22, 2006.

About Petrol Oil and Gas, Inc.

Petrol Oil and Gas, Inc. is an independent energy exploration and development company currently involved in the development of natural gas from leases encompassing over 160,000 gross acres in Kansas and Missouri. Its common stock is traded on the OTC Bulletin Board under the symbol "POIG".



Contact:
Petrol Oil and Gas, Inc.
Investor Information, 702-454-7318
www.petroloilandgas.com
OR
CEOcast, Inc. for Petrol Oil and Gas:
Andrew Hellman, 212-732-4300

[Golden Cross]

POIG: Petrol Oil and Gas Opens Kansas Corporate Headquarters
Thursday May 4, 8:00 am ET
Overland Park, Kansas, Selected for Managing Local Oil and Gas Development Projects


OVERLAND PARK, Kan.--(BUSINESS WIRE)--May 4, 2006--Petrol Oil and Gas, Inc., (OTCBB:POIG - News) an oil and gas exploration and production company announced today the opening of its new corporate headquarters in suburban Kansas City.
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"Overland Park is a perfect location for Petrol's corporate headquarters," said Paul Branagan, Petrol's President and CEO. "This office is centrally located between our producing oil and gas fields in Kansas and Missouri and our gas market in Midwest metropolitan areas such as Kansas City. Although our corporate office is new to the area, Petrol has been an employer and operator in Kansas for approximately four years now, so we have always felt like this is home."

Branagan said Petrol operates roughly 350 oil and gas wells on portions of its mineral leases covering some 165,000 gross acres in Kansas and Missouri and according to a recent report by the Kansas Geologic Society, Petrol is ranked in the top five percent of gas producers in Kansas.

The United States Geologic Society shows that eastern Kansas and western Missouri have significant known oil and gas reserves including coal bed methane (CBM). CBM has become an important new energy source and Petrol has focused its near-term development activities on CBM production in southeast Kansas and western Missouri.

"This is part of our ReSource America program, which is Petrol's effort to do its part to ease America's dependence on foreign energy supplies," Branagan said.

"ReSource America already has numerous projects underway that have proven in their early stages of development that the region appears to be rich in coal bed methane," Branagan said, noting that the company currently employs about 20 local area operations personnel and has spent in excess of $10 million over the past five months developing its Coal Creek Project in centrally located Coffey County, Kansas.

"This is a prime example of recent technological advances, marketplace economic pressures and the availability of new energy resources converging to make the economic production of CBM and other unconventional natural gas production processes a reality," Branagan said. "It also illustrates how Kansans can lend a hand in reducing America's dependence on foreign energy sources."

Branagan said that the location of Petrol's new Overland Park headquarters was a strategic decision.

"Our new corporate headquarters locates us right in the American Heartland, where we need to be to decisively implement our ReSource America projects."

The primary ReSource America projects focus on the Coal Creek area. Already under development, the project plans call for drilling and completing some 540 wells over a three-year period while creating miles of gas-gathering pipelines and infrastructure to process, transport and sell gas in Midwest markets. To better manage development of this large acreage position and take advantage of three interstate pipelines that cross its leases, Petrol divided the project into three self-contained areas; Burlington, Waverly and Lebo. Petrol holds a 100 percent working interest (WI) and an average 80 percent net revenue interest (NRI) in the Coal Creek project's 92,000 gross acres covering coal bed methane (CBM) and other oil and gas reserves.

Petrol Oil and Gas is publicly traded on the OTC Bulletin Board under the symbol "POIG".

Forward-Looking Statement: The statements in this news release regarding Petrol's new corporate headquarters, the actual acreage under lease in Coffee County, ability of Petrol to assist in easing America's dependence on foreign energy, newly drilled wells, the success of the ReSource America initiative, amount of gas production to be derived from the project, continued drilling efforts, actual and anticipated market conditions, the actual size of and success of the Coal Creek development program, the ability of Petrol to add to its proven reserves, any implied or perceived benefits from Petrol's CBM assets, and any other effects resulting from any of the above are forward-looking statements. Such statements involve risks and uncertainties, including, but not limited to, the continued production of gas at historical rates, availability of sufficient additional funding to complete the Coal Creek Project, costs of operations, delays, and any other difficulties related to producing minerals such as oil or gas, Petrol's continued maintenance of its properties, price of oil or gas, marketing and sales of produced minerals, risks and effects of legal and administrative proceedings and governmental regulation, future financial and operational results, competition, general economic conditions, and the ability to manage and continue growth.

Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. Important factors that could cause actual results to differ materially from the forward-looking statements Petrol makes in this news release include market conditions and those set forth in reports or documents Petrol files from time to time with the United States Securities and Exchange Commission. Petrol undertakes no obligation to revise or update such statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.



Contact:
Petrol Oil and Gas, Inc.
Adam Yarbrough/Michelle Stanford, 816-471-2900
or
www.petroloilandgas.com

[Golden Cross]

Petrol Oil and Gas Develops New Natural Gas Resources
Friday April 21, 9:00 am ET
Company's ReSource America Initiative to Help Move America Toward Energy Independence
Please Note Tuesday, April 25 Event


OVERLAND PARK, Kansas--(BUSINESS WIRE)--April 21, 2006--Petrol Oil and Gas, Inc., (OTCBB:POIG - News) with mineral rights to approximately 165,000 acres in Eastern Kansas and Western Missouri, is developing new natural gas resources to help ease America's foreign energy dependence.
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"America has long been dependent on foreign energy sources," said Paul Branagan, President and CEO of Petrol, a publicly traded oil and gas exploration and production company based in the Kansas City suburb of Overland Park, Kansas. "Then, sometime in 1997, the state of Kansas found that it, too, had become a net importer of energy."

Branagan said that with the turn of a valve Tuesday, April 25, in Waverly, in Eastern Kansas' Coffey County, Petrol will celebrate its development initiative - ReSource America - to access and deliver new natural gas resources from America's Heartland.

"This event displays Petrol's commitment to assist our nation in maintaining affordable energy sustainability within its borders," Branagan reflected.

Petrol's ReSource America initiative involves tapping into one of the major natural gas resources buried beneath eastern Kansas and stored within coal bed deposits and known as Coal Bed Methane or CBM.

"With roughly 92,000 leased mineral acres in Coffey County alone, Petrol's Coal Creek Project is anticipated to have an important economic impact on Eastern Kansas and the Midwest," Branagan noted.

"This is a prime example of recent technological advances, marketplace economic pressures and the availability of new energy resources converging to make the economic production of CBM and other unconventional natural gas production processes a reality," Branagan explained. "It also illustrates how Kansans can lend a hand in reducing America's dependence on foreign energy sources."

Branagan said that Petrol's ReSource America initiative has numerous projects underway that are proving in their early stages that the region is rich in Coal Bed Methane.

"This should prove a win-win-win situation for Petrol, for Kansas, and for advancing America's goal of energy independence," he said. "By tapping into our country's natural resources, we are aiming to improve market supply and encourage market forces to reduce natural gas prices."

Petrol, a company publicly traded on the OTC Bulletin Board under the symbol "POIG", already employs about 20 Eastern Kansas area operations personnel and has spent more than $10 million over the past five months developing the Coal Creek Project as part of its ReSource America initiative.

"We at Petrol believe in investing in the development of our country's natural resources and in the communities where we operate," Branagan remarked. "Our ReSource America initiative is just beginning, and it will benefit not only our investors, but our employees and our country, as well."

Petrol will turn the valve in Waverly, Kansas on Tuesday, April 25 at 2:00 p.m. to begin delivering natural gas into a regional interstate pipeline and launch production for America of what, until now, has been an untapped Midwest resource.

Political and industry leaders are scheduled to attend and speak at this event.

WHAT: ReSource America's Coal Creek Project celebration

WHO: Petrol Oil and Gas, Inc., officials, natural gas and
political leaders

WHEN: Tuesday, April 25 at 2:00 p.m.

WHERE: Kistner Compression Site
1999 22nd Road NE
Waverly, KS 66871

[Golden Cross]

This Laurus Master Funds is just like Cornell...

[Golden Cross]

Petrol Oil and Gas Begins Next Phase in Coal Creek Development
Tuesday April 18, 8:00 am ET
Second Escrow Closing Provides Petrol with Additional $5 Million


LAS VEGAS--(BUSINESS WIRE)--April 18, 2006--Petrol Oil and Gas, Inc. (OTC BB: POIG - News) announced today the recent closing of escrow on an additional $5 million to support its expanded drilling program on its Coal Creek Project. This is the second funding tranche in an agreement with Laurus Master Funds to provide debt financing of up to $50 million.
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"This second $5 million funding tranche allows us to continue the aggressive development program we initiated last November on our Coal Creek Project when we acquired the Laurus financing package and received our first $10 million tranche," said Paul Branagan, Petrol's Chairman and CEO. "The first $10 million provided funding for the first set of 44 production wells, 3 salt water disposal (SWD) wells and gas gathering infrastructures in our Burlington and Waverly areas. This additional $5 million will be used to further the Coal Creek development primarily with the drilling and completion of additional production wells."

The Coal Creek development plan is based upon drilling and completing some 540 wells over a two to three year period, along with miles of gas gathering pipelines and infrastructure to process, transport and sell gas in mid-west markets. To better manage the development of the 92,000 gross acres in this project and take advantage of the three interstate pipelines crossing Petrol's leases, Petrol divided the project into three fully self contained areas; Burlington, Waverly and Lebo.

Petrol holds a 100% working interest (WI) and an average 80% Net Revenue Interest (NRI) in the entire Coal Creek Project, covering coal bed methane (CBM) and other oil and gas reserves located in eastern Kansas and western Missouri.

[Golden Cross]

Petrol Oil and Gas Announces a 57% Increase in Proved Reserves for 2005
Thursday April 6, 9:00 am ET
Pre-Tax PV10 Analysis Indicates $53.4 Million in Estimated Future Net Revenues


LAS VEGAS--(BUSINESS WIRE)--April 6, 2006--Petrol Oil and Gas, Inc. (OTCBB:POIG - News) announced today the results of an independent analysis of its oil and gas reserves for the year ended December 31, 2005. The reserve data was analyzed and reported on by McCune Engineering, an independent licensed petroleum engineering firm based in Baldwin City, Kansas.
Highlight's of Petrol's 2005 year end Reserve Report include:

$53.4 Million Pre-Tax PV 10% for Proved Reserves
18.7% Increase in Pre-Tax PV 10% value during 2005
15.87 Bcfe in Proved Reserves for year End 2005
57.3% Increase in Proved Reserves during 2005
Petrol holds a 100% working interest (WI) and an average 80% Net Revenue Interest (NRI) in approximately 165,000 gross acres covering coal bed methane (CBM) and other oil and gas reserves located in eastern Kansas and western Missouri.

"Obviously we are pleased with the results of the 2005 year end independent reserve report, particularly the fact that our Proved Reserves increased by just over 57% to 15.87 Bcfe, which further demonstrates the potential of our properties," said Paul Branagan, Petrol's President and CEO. "Most of our Proved Reserves are currently located in our Petrol Neodesha Project, a 10,000 gross acre producing unit that contributed about 81% of our $6.04 Million in revenues for 2005. Although we intend to continue development of Petrol Neodesha, our focus for 2006 turns to proving up the large reserves in our other acreage, particularly our 92,000 acre Coal Creek project. We are very excited by our other prospects and the effect they will have on Petrol's Net Asset Value as we begin to produce and then prove up these new project areas."

As reported by Petrol, in December 2005, Petrol began the development of its 92,000-acre Coal Creek project by allocating approximately $10 million towards the completion of activities that now has roughly 46 new gas production wells, 3 saltwater disposal wells and two gas gathering pipeline systems being connected into the Enbridge Interstate sales pipeline. Management expects Petrol's proven reserves to develop rapidly as Coal Creek gas production comes on line and drilling activities continue.

About Petrol Oil and Gas, Inc.

Petrol Oil and Gas, Inc. is an oil and gas exploration and development company currently involved in the development of natural gas from leases encompassing approximately 165,000 gross acres in Kansas and Missouri. Its common stock is traded on the OTC Bulletin Board under the symbol "POIG".

[Golden Cross]

Thats cool....

[AGORACOM IR]

PETROL OIL AND GAS, INC FEATURED ON THE BLACKBERRY/AGORACOM SMALL CAP CENTER

-Audience Reach of More than 4.3 Million BlackBerry Users-

We are pleased to inform you that Petrol Oil and Gas, Inc’s recent significant achievements were featured on the BlackBerry/AGORACOM Small Cap Center which has an audience of more than 4.3 Million BlackBerry users.


CONTENTS OF THE BLACKBERRY/AGORACOM SMALL CAP CENTER INCLUDE:

* Feature Company - In Depth Profiles of Small Cap Companies with Significant Accomplishments
* Lead Story - Breaking News in the Small Cap World
* Top 5 Press Releases - The 5 Most Significant Small Cap Press Releases for the Day

On April 6th, Petrol Oil and Gas, Inc was featured as the Small Cap Center TOP 5 PRESS RELEASES.

Please use the following link to view an image of the BlackBerry featuring Petrol Oil and Gas, Inc.

http://www.agoracom.com/images/blackberry/PetrolOilandGas.gif

Accessing BlackBerry/AGORACOM Small Cap Center

1. Click on Internet Browser Icon
2. Click on “BlackBerry Home” or “BlackBerry HELP!” - “Get Link”
3. Click on “Business/Finance” - “Get Link”
4. Click on “Agoracom.com – Small Cap Center” - “Get Link”


ABOUT THE BLACKBERRY/AGORACOM SMALL CAP CENTER

AGORACOM, the only small cap content provider for BlackBerry devices, is part of an elite group of Tier-1 financial content providers that services the highly coveted audience of Blackberry users that only includes The Financial Times, Business Week, Forbes, Marketwatch and The Street.com.

Currently, Blackberry is available in 50 countries and will have extended its reach to 90 countries by the end of 2006.

[Golden Cross]

OilandGasStockNews.com -- Oil and Natural Gas Industry Outlook on Energy Prices, Supply and Demand
Thursday February 16, 9:00 am ET


Chesapeake Energy, Petrol Oil and Gas, Eden Energy and CanWest Petroleum Evaluate Impacts of Current Environment on Oil and Gas Sector


POINT ROBERTS, WA--(MARKET WIRE)--Feb 16, 2006 -- www.OilandGasStockNews.com (OGSN) and www.NaturalGasStocks.com (NGS), global investor websites for the natural gas, energy and oil industries, features the 'Oil and Gas Market Outlook', a report for investors and industry following the sector. Impacts on oil and natural gas prices, supply and demand stemming from mild weather, political turmoil in oil producing areas and the President's emphasis on reducing dependency on foreign oil are evaluated by Chesapeake Energy, Petrol Oil and Gas, Eden Energy Corp and CanWest Petroleum Corporation.
Emphasizing the need for long term planning, Jeff Mobley, Vice President, Investor Relations and Research for Chesapeake Energy Corporation (NYSE:CHK - News) explains, "The country does need a cohesive energy strategy that makes sense with respect to economics and pays attention to supply and demand. There are plenty of long term fundamentals that are going to be supportive of higher energy prices, therefore longer term thinking is very important."

According to Paul Branagan, CEO of Petrol Oil and Gas (OTC BB: POIG), "Current pricing trends are still well above those for 2005 and from Petrol's point of view that remains a very strong indicator for continued aggressive drilling and development within the natural gas sector."

As President Bush reiterates the need for the reduction of dependence on foreign oil, industry participants evaluate ways to increase the exploration and production of oil domestically. As Don Sharpe, CEO of Eden Energy Corp, (OTC BB:EDNE.OB - News) explains, "There are a number of things that government and industry can do together to help boost domestic oil supply. These would include streamlining regulatory processes, providing tax incentives to encourage exploration in more remote or high-risk areas, and encouraging non conventional oil production from tar sands, oil shales and heavy oil projects."

As described by Tim Brock, a Consultant with CanWest Petroleum Corporation (OTC BB:CWPC.OB - News), Canada has the ability, through the development of the Athabasca oil sands that has occurred over the last 10 - 15 years, to help boost domestic supply of oil. "Canada today provides around 15% of the U.S. oil needs and that will probably double over time," according to Brock.

To Read the Full Article Click Here: http://www.OilandGasStockNews.com/Articles/Update.asp

Featured Oil and Gas Public Companies: (OGSN and NGS are compensated by Petrol Oil and Gas, and Eden Energy as disclosed in disclaimer.)

Eden Energy Corporation (OTC BB:EDNE.OB - News) has acquired 261,000 acres in Eastern Nevada. This acreage in part encompasses the Noah Oil Prospect, a giant 53-mile long, 7-mile wide linear anticline. For More Info: http://www.oilandgasstocknews.com/CO/EDNE/Default.asp

Petrol Oil and Gas, Inc. (OTC BB:POIG.OB - News) is an oil and gas producer whose primary focus is the development and production of oil, gas, and Coal Bed Methane (CBM) in Eastern Kansas and Western Missouri. For More Info: http://www.oilandgasstocknews.com/Petrol_Oil_and_Gas/Default.asp

www.OilandGasStockNews.com (OGSN), and www.NaturalGasStocks.com (NGS), portals within the InvestorIdeas.com content umbrella, offer investors research, news and links to public companies within the oil and gas sector. OGSN and NGS do not make recommendations, but offer unique free information portals to research news, articles, interviews and a growing list of participating public companies in the energy industry.

For our current list of companies participating in the oil and gas industry click here: http://www.oilandgasstocknews.com/OGSN/Stock_List.asp


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[rdab06]

Can anybody explain the recent drop in pps? I havent seen anything negative on this stock as of late..