Petron Energy II Inc (fka PEII)

[JackStraw]

PEII is a secondary recovery oil company. PERIOD. That is their core business.

This is from their mission statement. How much clearer do they need to be?

The mission of Petron Energy II, Inc. (PE II)
…is to create an asset base consisting of oil and gas properties in low risk areas with years of proven production history. The company will increase the value of its assets through acquisitions, drilling operations and reworking existing wells. We will concentrate our development efforts in Oklahoma and Texas where we presently have 5,000 acres under lease. These contain 93 existing wells which will require rework operations to attempt reestablishing commercial production.

LINK>>> http://petronenergyii.com/mission-statement/