PetroSun Inc (PSUD)

[RetireSoon2]

Major Press Release: Seidel Technologies Hired


The Board has completed a review of the company projects and approved the hiring of Seidel Technologies.

PetroSun has engaged Seidel Technologies ("Seidel") to prepare and execute the development program. Seidel will serve as the general contractor, providing engineering and project management.

Seidel Technologies

Privately Owned
Total Employment 20+
Help develop $100 billion of client assets in 13 years
Over 200 clients served
Founded in 2009 to "create collaborations in energy development"
Over 1200 wells drilled and completed
Multiple basins in North America (US and Canada)
International operations in Russia, West Africa and Australia
Offices in Denver Colorado and Calgary Alberta Canada

This stage of development will focus on Holbrook Basin Arizona and Paradox Basin Utah. All projects are expected to produce Helium and Paradox Basin is also expected to produce Natural Gas.