About Premium Petroleum, Inc.
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.



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
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:
GOVERNMENT OF ALBERTA ENERGY:
Licensee Agent Codes ST 104 (formerly Guide 44) Updated: November 30, 2012;
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
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.
President & CEO
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

Premium Petroleum Lease
Transaction Oil & Gas
