Petro River Oil Corp. (PTRC)

[JohnnyRotton]

I was just going by annual financials date 7/30/2018 vs quarterly, my bad.

You still made a false statement.

from the last quarterly,

Recent Developments
 
Recent Oil Discoveries.
 
On July 24, 2018, the Company announced the successful drilling of the Arsaga 25-2 exploration well, located on its concession in Osage County, Oklahoma.
 
On May 22, 2018, the Company announced the discovery of a new oil field, the N. Blackland Field, in its concession in Osage County, Oklahoma, upon successfully testing of the 2-34 exploration well.
 
In May 2017, Bandolier discovered two new oil fields with the successful drilling of the W. Blackland 1-3 and S. Blackland 2-11 exploration wells. On December 15, 2017, the Company received permits from the Bureau of Indian Affairs to drill eight additional wells in the W. Blackland Field, which were successfully completed in April 2018. The Company has received additional permits, and is currently in the process of drilling an additional two wells. The Company’s W. Blackland concessions are currently producing, and, with the drilling of additional wells, the Company anticipates substantially increasing revenue throughout the remainder of the current fiscal year.
 
In addition to the Company’s current development plans, within its current 3-D seismic data, additional structures in Osage County have been identified. The Company plans to drill 13 additional wells in calendar year 2018: nine in the N. Blackland Field, three in the Arsaga structure and one in the Section 13 structure. The Company anticipates drilling these wells out of cash flows from current production of its existing wells.