PCT Ltd (PCTL)

[Egold]

My post for today,,, What's missing is the following

The PCTK JV is made of PCTL, Humphreys, Holcomb, and Len from Nanogas.

Humphreys family also owns Pacuca Oil

https://www.palucapetroleum.com/about-us

Any one can see they are in many areas including the famed Grassy Creek so many have talked about. OK and TX. They drill wells.


https://www.shalexp.com/missouri/vernon-county/johnson-grassy-creek/004562

https://www.shalexp.com/paluca-petroleum-inc

Maverick Energy services oil OP's. That's what they do.

Between them both lots of work and money to be made.

Let's also take a look at the investor year-end letter

https://pctl.com/wp-content/uploads/2022/02/2021-Shareholder-Letter.pdf

"We have partnered with Krag Capital to commence a 7 well (6 producing and 1 injection) new drilling
program using the newly developed nano/catholyte fluids, currently scheduled for the latter half of
March or early April (weather being a major variable) in the Grassy Creek formation."

These are 6 new wells in GC which once drilled primary and secondary oil production is higher than the 14-15% of EOR production. This will return a lot of profit in the short term because of BBL increase and wells in GC are much shallower than say OK.

At today's prices, it won't take long to pay down Krag reducing PCTL debt. After that, it's a split of revs.

LMAO at 100 gals of diesel, like you have a clue what a machine uses.

Why don't we talk about the infrastructure needed for steam EOR LOL. Was that forgotten lol



I'll say it again the bullshit I read