Premium Energy Corp. (PPTL)

                                                                                                                         

                                                                                                                               

 

About Premium Petroleum, Inc.

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Premium Petroleum  is set to exploit petroleum and natural gas reserves in an environment of unprecedented commodity prices and under the guidance of a highly qualified management and technical team.

Premium Petroleum  is an emerging junior oil and gas company financially well connected, coupled with a strong management and technical team focused on exploiting oil and gas reserves in the Western Canadian Sedimentary basin to 6000 feet in depth. Management intends to pursue a growth strategy through Land Assembly, Joint Ventures (Farmin / Farmout), and Acquisitions. The Company has assembled a seasoned team of managers and technical professionals in the areas of geology, engineering, and legal. With the depth of the management and technical team we have assembled, Premium is poised for aggressive asset growth and development

^{Land Assembly}
Management believes that the wholesale way to participate in the oil and gas industry is to purchase land on the basis of sound geological fundamentals, of which the primary criteria is offsetting existing production.

A ^Farmin is when the company participates in someone else's project, and a ^Farmout is when someone else participates in the company's project. Both strategies will be utilized depending on the timing, risk factor, initial financial commitment, and potential size of a given project.

^Acquisition
The company will seek opportunities to grow by acquisition. Both land acquisitions as well as production acquisitions with upside drilling potential will be sought, however, given the current high commodity prices, it requires patience to find an acquisition that has existing production, upside potential, and is realistically priced. 

    The Company has the following oil and gas properties:

 
Boyne Lake Gas Project, Bonneyville, Alberta

a) Boyne Lake Gas Project, Bonneyville, Alberta

In September 2005, the Company purchased the petroleum and natural gas rights to 640 acres of land

approximately 60 miles northeast of Edmonton, Alberta.

The Company commissioned an internal engineering and geologic report on the Boyne Lake property.

Based on oil at US$32 per barrel and gas at US$6.10 per Mscf, the net present value of Probable plus

Possible Reserves discounted at 10% is US$4,391,530 per well.

At current prices, this would equate approximately US$8,000,000 per well.

Initial production rates are anticipated to be in the range of 0.5 to 1.0 Mscf per day, which at today's

prices equates to a netback to the company of approximately US$90,000 to US$180,000 per month per

well.

According to the company's geophysical consultant's interpretation of the seismic, two drill target

anomalies exist on the property. Seismic evidence collaborates our original geologic assumptions

indicating the presence of three zones in one drill target and two in the other. The zones are referred to

as: Upper Grand Rapids A sand, Upper Grand Rapids B sand, and the Viking sand.

                                             

 

 

                             

BaseLoc GPS tracking:     http://www.baseloc.com/hq2/index.php?c=2              

  For PPTL's two wells type:

  Ashmont14-15 LSD  14, Section  15, Township  061, Range 11, Meridian 4 
 Ashmont 9-22  LSD  09, Section  22, Township  061, Range 11, Meridian 4

  Company news:

  Premium Petroleum Corp.: Continues to Seek up to $5,000,000 in Financing to Tie-in Existing Wells and to Fund Additional Drilling
Oct 30, 2008 09:45 ET
 

Premium Petroleum Corp.: Seeks Up to $5,000,000 in Financing to Tie-In Existing Wells and to Fund Additional Drilling
Feb 11, 2008 09:45 ET
 

Premium Petroleum Corp.: Successful Test on Boyne Lake Flowing Oil Sands Discovery
Nov 28, 2007 09:45 ET
 

Premium Petroleum Corp.: Service Rig Mobilizing for Testing on Boyne Lake Flowing Oil Sands Discovery
Nov 06, 2007 09:45 ET
 

Premium Petroleum Corp.: Additional Drilling on Boyne Lake Discovery
Oct 22, 2007 09:45 ET
 

Premium Petroleum Corp.: Additional Drilling on Boyne Lake Discovery
Oct 15, 2007 09:45 ET
 

Premium Petroleum Corp. Commissions Engineering Evaluation
Sep 27, 2007 09:45 ET
 

Premium Petroleum Corp. Increases Lands Position to 11,520 Acres
Sep 19, 2007 09:45 ET
 

Premium Petroleum Corp. Announces Additional Seismic Acquired Adjacent to Its Boyne Lake Flowing Oil Sands Prospect, for a Total of 7 Lines / 31kms
Apr 23, 2007 09:45 ET
 

Premium Petroleum Corp. Announces Flowing Oil Sands-New Pool Discovery on Boyne Lake Prospect, "Tight Hole" Status Expires
Apr 17, 2007 09:45 ET
 

TheSUBWAY.com Posts Stock Pick List: Official Launch of Fund!
Nov 16, 2006 09:37 ET
 

Premium Petroleum, Inc.: Acquires Additional Zone on Boyne Lake Prospect
Jun 05, 2006 09:45 ET
 

RETRANSMISSION: Premium Petroleum, Inc. Adds Senior Petroleum Landman to its Management Team
May 16, 2006 09:45 ET
 

Premium Petroleum, Inc. Adds Senior Petroleum Landman to its Management Team
May 15, 2006 16:59 ET
 

Retransmission/Premium Petroleum, Inc. Announces Drilling Success on Boyne Lake Gas Prospect-Tight Hole Status
Mar 13, 2006 09:45 ET
 

Premium Petroleum, Inc. Announces Drilling Success on Boyne Lake Gas Prospect-Tight Hole Status
Mar 10, 2006 15:25 ET
 

Premium Petroleum, Inc. Announces Boyne Lake Gas Prospect Drilling has Progressed to a Depth of 1,056 Feet or 322 Meters
Mar 06, 2006 10:00 ET
 

Retransmission/Premium Petroleum, Inc.: Drilling Progresses to 374ft or 114m on Boyne Lake Project
Feb 27, 2006 09:45 ET
 

Premium Petroleum, Inc.: Drilling Progresses to 374ft or 114m on Boyne Lake Project
Feb 24, 2006 15:53 ET
 

Premium Petroleum, Inc.: Drilling Commences on Boyne Lake Project
Feb 23, 2006 05:00 ET
 

Premium Petroleum, Inc.: Well Location Survey on Boyne Lake Project Completed-The Next Step is to Obtain the Well Licence
Feb 16, 2006 09:45 ET
 

Premium Petroleum, Inc.: Well Location Survey on Boyne Lake Project Completed-The Next Step is to Obtain the Well Licence
Feb 15, 2006 15:26 ET
 

Premium Petroleum, Inc. Announces Positive Seismic Results on its Boyne Lake Gas Prospect-Two Drill Targets Apparent
Feb 13, 2006 09:45 ET
 

Premium Petroleum, Inc. Announces Positive Seismic Results on its Boyne Lake Gas Prospect-Two Drill Targets Apparent
Feb 10, 2006 15:30 ET
 

Premium Petroleum, Inc. Completes Seismic Shoot-Data Being Processed on Boyne Lake Project
Feb 07, 2006 10:17 ET
 

Premium Petroleum, Inc. Adds Senior Petroleum Engineer to its Management Team
Nov 15, 2005 12:51 ET
 

RETRANSMISSION: Premium Petroleum, Inc. Initiates Seismic Program on its Boyne Lake Gas Prospect
Oct

31, 2005 09:00 ET
 

Premium Petroleum, Inc. Initiates Seismic Program on its Boyne Lake Gas Prospect
Oct 28, 2005 18:36 ET
 

Premium Petroleum, Inc. Adds Former Exxon Mobile Executive to its Management Team
Oct 24, 2005 17:49 ET
 

Premium Petroleum, Inc. Announces Boyne Lake Reserve Valuation
Sep 14, 2005 08:30 ET
 

Premium Petroleum, Inc. Acquires Petroleum and Natural Gas Rights
Sep 08, 2005 08:30 ET
 

Premium Petroleum, Inc. Goes Public
  Aug 10, 2005 09:00 ET
        

https://wyobiz.wy.gov/Business/FilingDetails.aspx?eFNum=232000025154046152065212146226002143229079007199

Name:	Premium Energy Corp.	Status:	Active
Filing No:	2005-000486600	Sub Status:	Current
Type:	Profit Corporation - Domestic	Standing - Tax:	Good
Old Name:	Premium Petroleum Corp.	Standing - RA:	Good
Fictitious Name:		Standing - Other:	Good
Sub Type:
Formed in:	Wyoming	Initial Filing:	01/24/2005
Term of Duration:	Perpetual	Inactive Date:
Purpose Code:	General Purpose
Principal Office:	1102 Pinkston Grandview, MO 64030 USA	Mailing Address:	1102 Pinkston Grandview, MO 64030 USA

Registered Agent:	Northwest Registered Agent Service, Inc.	Agent Address:	125 S King St PO Box 15150 Jackson, WY 83001 USA
Latest AR/Year:	01503395 / 2012
AR Exempt:	N	License Tax Paid:	$50.00
Preferred Shares:	20M	Preferred Par Value:
Common Shares:	UNLIMITED	Common Par Value:

Parties
Type	First Name	Middle	Last Name	Title	Organization	Address
President / Director	Elaine		Affleck
Secretary / Director	Edwin		Mah
Treasurer	Elaine		Affleck

Transfer Agent:
Jason M. Bogutski - President
Signature Stock Transfer, Inc.
2632 Coachlight Court
Plano, Texas 75093
Phone (972) 612-4120
Fax (972) 612-4122
signaturestocktransfer@msn.com

 

http://www.otcmarkets.com/stock/PPTL/company-info

ENERGY RESOURCES CONSERVATION BOARD:

https://www3.eub.gov.ab.ca/Eub/Dds/anonymous/Logon.aspx?ReturnUrl=%2feub%2fdds%2fdefault.aspx

 

2008-10  :  http://www.ercb.ca/docs/products/STs/st108/st108_200810.pdf

 

GOVERNMENT OF ALBERTA ENERGY:

http://www.energy.alberta.ca/FTPOS/2006/20060823OSR.pdf

http://www.energy.alberta.ca/FTPOS/2006/20060726OSR.pdf

http://www.energy.alberta.ca/FTPPNG/2006/20060628PSR.pdf

http://www.energy.alberta.ca/FTPPNG/2006/20060726PSR.pdf

 

Licensee Agent Codes ST 104 (formerly Guide 44) Updated: November 30, 2012;

http://www.ercb.ca/data/codes/LicenseeAgent_Codes.pdf

A16D Premium Petroleum Inc. PPI 445, 708 - 11 Avenue SW Calgary, AB T2R 0E4 (403) 263-9270   Transact ion Oil & Gas Ventures Inc. A0DT 

Transaction Oil & Gas Ventures Inc.

445, 708 - 11 Avenue SW Calgary, AB T2R 0E4 (403) 263-9270

http://www.taog.ca/index.htm

http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=RNb%252bjRRBpZg1HHCYfbkzyQ%253d%253d

  Premium Petroleum Inc.
1610, 736 - 6th Avenue Street SW
Calgary , Alberta T2P 3T7
Canada

Voice: 403-264-2710

Fax: 775-243-9320

Bruce A. Thomson, B.A.Sc.

http://www.premiumpetroleum.com website down since the end of 2010.

President & CEO                                                                                                                   

bruce@thomson.org 

Profile search of Mr Thomson:

http://www.zoominfo.com/search#search/profile/person?personId=661063995&targetid=profile

 

     From the PPTL website                From the ACDP website

          
  
                                      
Videoclip from Transcanada

http://transcanada.essentialtalk.com/media/4/

Premium Petroleum Lease

 

View Map Mineral Type Region Contract Tract Area Lands Rights Interest Holders Bonus($) Price($)/Ha Issue Date Expiry Date Zone Codes Restrictions P&NG Lease Plains A0597 1 256 061-11W4: 22 P&NG PREMIUM PETROLEUM INC. (100%) 141,056.00 551.00 26-Jul-2006 27-Jul-2011   ADM001801 P&NG Lease Plains A0598 1 256 061-11W4: 23 P&NG PREMIUM PETROLEUM INC. (100%) 141,056.00 551.00 26-Jul-2006 27-Jul-2011   ADM001801 P&NG Lease Plains A0601 1 256 061-11W4: 27 P&NG PREMIUM PETROLEUM INC. (100%) 15,616.00 61.00 26-Jul-2006 27-Jul-2011   ADM001801 Oil Sands Lease Cold Lake OS L0455 1 256 061-11W4: 22 Oil Sands in the MANNVILLE GRP PREMIUM PETROLEUM INC. (100%) 64,256.00 251.00 26-Jul-2006 24-Jul-2021 DRRZD 4   Oil Sands Lease Cold Lake OS L0456 1 256 061-11W4: 23 Oil Sands in the MANNVILLE GRP PREMIUM PETROLEUM INC. (100%) 64,256.00 251.00 26-Jul-2006 24-Jul-2021 DRRZD 4   Oil Sands Lease Cold Lake OS L0457 1 256 061-11W4: 25 Oil Sands in the MANNVILLE GRP PREMIUM PETROLEUM INC. (100%) 2,560.00 10.00 26-Jul-2006 24-Jul-2021 DRRZD 4   Oil Sands Lease Cold Lake OS L0680 1 256 059-10W4: 34 Oil Sands in the MANNVILLE GRP PREMIUM PETROLEUM INC. (100%) 2,626.56 10.26 23-Aug-2006 21-Aug-2021 DRRZD 4   Oil Sands Lease Cold Lake OS L0681 1 192 059-10W4: 35N, 35SE Oil Sands in the MANNVILLE GRP PREMIUM PETROLEUM INC. (100%) 1,969.92 10.26 23-Aug-2006 21-Aug-2021 DRRZD 4   Oil Sands Lease Cold Lake OS L0684 1 192 060-10W4: 03N, 03SW Oil Sands in the MANNVILLE GRP PREMIUM PETROLEUM INC. (100%) 1,969.92 10.26 23-Aug-2006 21-Aug-2021 DRRZD 4   Oil Sands Lease Cold Lake OS L0685 1 128 060-10W4: 10S Oil Sands in the MANNVILLE GRP PREMIUM PETROLEUM INC. (100%) 1,313.28 10.26 23-Aug-2006 21-Aug-2021 DRRZD 4   Oil Sands Lease Cold Lake OS L0686 1 256 060-10W4: 11 Oil Sands in the MANNVILLE GRP PREMIUM PETROLEUM INC. (100%) 2,626.56 10.26 23-Aug-2006 21-Aug-2021 DRRZD 4   Oil Sands Lease Cold Lake OS L0687 1 256 060-10W4: 12 Oil Sands in the MANNVILLE GRP PREMIUM PETROLEUM INC. (100%) 2,626.56 10.26 23-Aug-2006 21-Aug-2021 DRRZD 4   Oil Sands Lease Cold Lake OS L0688 1 256 061-10W4: 10 Oil Sands in the MANNVILLE GRP PREMIUM PETROLEUM INC. (100%) 2,626.56 10.26 23-Aug-2006 21-Aug-2021 DRRZD 4   Oil Sands Lease Cold Lake OS L0689 1 256 061-10W4: 16 Oil Sands in the MANNVILLE GRP PREMIUM PETROLEUM INC. (100%) 2,626.56 10.26 23-Aug-2006 21-Aug-2021 DRRZD 4   Oil Sands Lease Cold Lake OS L0690 1 256 061-10W4: 21 Oil Sands in the MANNVILLE GRP PREMIUM PETROLEUM INC. (100%) 2,626.56 10.26 23-Aug-2006 21-Aug-2021 DRRZD 4   Oil Sands Lease Cold Lake OS L0691 1 256 061-11W4: 14 Oil Sands in the MANNVILLE GRP PREMIUM PETROLEUM INC. (100%) 2,626.56 10.26 23-Aug-2006 21-Aug-2021 DRRZD 4   Oil Sands Lease Cold Lake OS L0692 1 128 061-11W4: 15S Oil Sands in the MANNVILLE GRP PREMIUM PETROLEUM INC. (100%) 19,873.28 155.26 23-Aug-2006 21-Aug-2021 DRRZD 4   Oil Sands Lease Cold Lake OS L0693 1 256 061-11W4: 16 Oil Sands in the MANNVILLE GRP PREMIUM PETROLEUM INC. (100%) 2,626.56 10.26 23-Aug-2006 21-Aug-2021 DRRZD 4   Oil Sands Lease Cold Lake OS L0694 1 256 061-11W4: 21 Oil Sands in the MANNVILLE GRP PREMIUM PETROLEUM INC. (100%) 19,266.56 75.26 23-Aug-2006 21-Aug-2021 DRRZD 4   Oil Sands Lease Cold Lake OS L0695 1 256 062-10W4: 07 Oil Sands in the MANNVILLE GRP PREMIUM PETROLEUM INC. (100%) 2,626.56 10.26 23-Aug-2006 21-Aug-2021 DRRZD 4   Oil Sands Lease Cold Lake OS L0697 1 256 062-10W4: 18 Oil Sands in the MANNVILLE GRP PREMIUM PETROLEUM INC. (100%) 2,626.56 10.26 23-Aug-2006 21-Aug-2021 DRRZD 4   Oil Sands Lease Cold Lake OS L0698 1 256 062-10W4: 19 Oil Sands in the MANNVILLE GRP PREMIUM PETROLEUM INC. (100%) 2,626.56 10.26 23-Aug-2006 21-Aug-2021 DRRZD 4   Oil Sands Lease Cold Lake OS L0699 1 256 062-10W4: 20 Oil Sands in the MANNVILLE GRP PREMIUM PETROLEUM INC. (100%) 2,626.56 10.26 23-Aug-2006 21-Aug-2021 DRRZD 4

Transaction Oil & Gas

 

View Map Company Well Name UWI Licence Licence Date RR Date Depth (m) Class Field Zone Purpose Well Type Substance Vt-Hz-Dir Status Abandon Date TRANSACTION OIL & GAS VENTURES INC. TRANSACTION ET AL NOEL A- 087-B/093-P-01 200 D087B/093P01 02 13150 22-Sep-2000 17-Nov-2000 2,565 DEVELOPMENT OTHER AREAS FALHER B   PRODUCTION GAS VERTICAL ACTIVE   TRANSACTION OIL & GAS VENTURES INC. PPI ASH 9-22-61-11 00/09-22-061-11W4/2 0378948 5-Jul-2007 11-Aug-2007 525 NFW (C) ASHMONT SPARKY MBR NEW PRODUCTION CRUDE OIL VERTICAL CLOSED   TRANSACTION OIL & GAS VENTURES INC. TRANSACTION ETAL BOLLOQ 7-1-64-25 00/07-01-064-25W4/2 0335940 8-Aug-2005 24-Sep-2005 1,054 DPT (C) BOLLOQUE LEDUC FM NEW PRODUCTION CRUDE OIL VERTICAL ABANDONED   TRANSACTION OIL & GAS VENTURES INC. PPI ASH 14-15-61-11 00/14-15-061-11W4/2 0350920 2-Feb-2006 2-Mar-2006 560 OUT (C) ASHMONT UPPER VIKING NEW PRODUCTION GAS VERTICAL CLOSED   TRANSACTION OIL & GAS VENTURES INC. TRANSACTION EMPRESS 11-16-24-2 00/11-16-024-02W4/3 0330206 3-May-2005 26-Jun-2005 976 NPW (C) EMPRESS DETRITAL-LIVINGSTONE NEW PRODUCTION GAS VERTICAL ABANDONED 5-Nov-2009 TRANSACTION OIL & GAS VENTURES INC. TRANSACTION HALKIRKE 3-4-40-13 00/03-04-040-13W4/0 0134171 2-Nov-2004 21-Jun-1988 835 DEV (NC) PROVOST LLOYDMINSTER MBR RESUMPTION N/A GAS VERTICAL REENTRY   TRANSACTION OIL & GAS VENTURES INC. TRANSACTION ETAL EMPRESS 10-7-24-2 00/10-07-024-02W4/0 0334986 21-Jul-2005   965 NPW (C) UNDEFINED BAKKEN FM NEW PRODUCTION GAS VERTICAL     TRANSACTION OIL & GAS VENTURES INC. TRANSACTION ET AL NOEL A- 087-B/093-P-01 200 A087B/093P01 00 13150 22-Sep-2000 17-Nov-2000 2,490 DEVELOPMENT NOEL FALHER B   PRODUCTION GAS VERTICAL ACTIVE   TRANSACTION OIL & GAS VENTURES INC. TRANSACTION HALKIRKE 16-4-40-13 00/16-04-040-13W4/0 0225445 17-Aug-1999 29-Aug-1999 0   HALKIRK EAST VIKING SANDSTONE   N/A CRUDE OIL   FLOWING   TRANSACTION OIL & GAS VENTURES INC. TRANSACTION EVI 7-11-87-11 00/07-11-087-11W5/2 0303608 9-Feb-2004 29-Feb-2004 1,550 NFW (C) EVI SLAVE POINT FM NEW PRODUCTION CRUDE OIL VERTICAL PUMPING   TRANSACTION OIL & GAS VENTURES INC. TRANSACTION JOAM 5-22-47-20 00/05-22-047-20W4/0 0327953 11-Mar-2005   1,010 DEV (NC) JOARCAM JOLI FOU FM NEW PRODUCTION CRUDE OIL VERTICAL     TRANSACTION OIL & GAS VENTURES INC. TRANSACTION PEM 6-12-45-7 00/06-12-045-07W5/3 0326858 23-Feb-2005 31-Mar-2005 2,157 NPW (C) PEMBINA VIKING SANDSTONE RE-ENTRY PRODUCTION CRUDE OIL VERTICAL CASED   TRANSACTION OIL & GAS VENTURES INC. TRANSACTION HALKIRKE 3-4-40-13 00/03-04-040-13W4/2 0134171 3-Jun-1988 9-Nov-2004 1,037 DEV (NC) PROVOST COMMINGLED POOL 001 RESUMPTION PRODUCTION GAS VERTICAL FLOWING   TRANSACTION OIL & GAS VENTURES INC. ANDERSON ET AL WOKING 6-16-75-4 00/06-16-075-04W6/3 0412182 9-Sep-2009 14-Sep-2009 1,545 REN (NC) WOKING HALFWAY FM RE-ENTRY INJECTION CRUDE OIL VERTICAL REENTRY