Premium Energy Corp. (PPTL)

[A44975]

Finaly got a response from SEC, I would have posted earlier, but it went into my spam box. Below is there response to me.

Dear Mr. Segal:

Thank you for contacting the U.S. Securities and Exchange Commission. Based upon our search it does not appear that Premium Petroleum has ever registered with the SEC. It is worth noting, Premium Petroleum formerly traded on the Pink Sheets.

The Pink Sheets does not require companies whose securities are quoted upon its systems to meet any listing requirements. With the exception of a few foreign issuers, the companies quoted in the Pink Sheets tend to be closely held, extremely small and/or thinly traded. Most do not meet the minimum listing
requirements for trading on a national securities exchange, such as the New York Stock Exchange or the Nasdaq Stock Market. Many of these companies do not file periodic reports or audited financial statements with the SEC.

You should be aware the Pink Sheets has issued a stop no information warning regarding Premium Petroleum. You can view the information at the following link: http://www.otcmarkets.com/stock/PPTL/quote

Stop warnings indicates companies that are not able or willing to provide disclosure to the public markets - either to a regulator, an exchange or OTC Markets Group. Companies in this category do not make Current Information available via the OTC Disclosure and News Service, or if they do, the available information is older than six months. OTC Pink No Information includes defunct
companies that have ceased operations as well as 'dark' companies with questionable management and market disclosure practices. Publicly traded companies that are not willing to provide information to investors should be treated with suspicion and their securities should be considered highly risky.

Many investors who buy securities are unaware of the rights that come with stock ownership. While specific rights depend on the type of security, the laws of the state where the company is incorporated, and the by-laws and charter of the company itself, some rights are standard.

A company?s by-laws and state corporation laws (rather than the federal securities laws) govern the holding of annual shareholder meetings. Since Premium Petroleum is incorporated out of the state of Wyoming we first recommend you contact the Wyoming Secretary of State Division of Securities at http://soswy.state.wy.us/Compliance/Compliance.aspx regarding the legal status of Premium Petroleum and shareholder meetings.

In addition, state laws or a company's charter and by-laws may provide for access to shareholder lists in certain circumstances. Again, you may wish to speak to the Wyoming State Division of Securities regarding your rights as a shareholder.

I hope this information is helpful.


Sincerely,

Rinell Randolph
Attorney
Office of Investor Education and Advocacy
U.S. Securities and Exchange Commission

File Attachment:
Correspondent Name: Mr. Ralph Segal
Create Date: 2/8/2012
Origin: Web
File #: HO::~00193918~::HO
Description:
I own stock in a small oil company (listed on the OTC penny exchange). The last filing by the principals of the 10K and 10Q was in 2008. There appears to be no more office or telephone number where any stock holders can get in touch with.
Many of us stock holders have located the President and Treasurer at several other small oil companies. We know that the company has several working oil wells in Alberta, Canada. However no one knows who is operating the company, where the oil is going and who is getting the money. We believe the President and Treasurer is getting the funds. He has not filed any reports since 2008
with the SEC. He has not called any board of directors meetings or notified any stock holders of any meeting. Many of us have come to the conclusion that these men have created fraud and abanoded their post.

My question is;

Can a stockhold call a stockholders meeting? Can we create a new board of directors and take over controll of all of the producing and non producing oil wells. If we can call a stock holders meeting, how can we find out who owns stock in the company and their mailing address? How can we find out who the oil
is being sold to and get controll of the bank accounts?

Please Advise!