Petron Energy II Inc (fka PEII)

[mario3349]

Pappy, some just don't get it, that was then, this is NOW! Now the wells that were being kept out of production in TX for OVER a year are in compliance and had significant overhaul to each wells equipment. The injection well has been drilled and finished. Granted, it would have been great if this was done sooner but it wasn't. The monies that were spent by PEII over the last year were hopefully managed as correctly as it could have been under the circumstances. They did purchase work over equipment and a drill rig if I remember correctly. In the Radio Show yesterday it was pointed out they now have a subsidiary drilling entity that will become it's own revenue builder by drilling wells, possibly, for other companies. Don't know if anybody else caught what Floyd was eluding to with that. All IMO.