Petro River Oil Corp. (PTRC)

[Old Grunt]

Petrol Lakes Holding Ltd is a newly formed investment group with strategic ties to China’s oil and gas industry. The proceeds will be used to fund development of Petro River's portfolio, including over 115,000 net acres of oil and gas assets in Kansas, Missouri and Kentucky.

Petrol Lakes is working with Petro River towards a potential joint venture with a strategic partner in China in the company's 85,000 net acres in the Mississippian Lime play in Kansas. The company is also reviewing acquisition opportunities in the Mississippi Lime play in Kansas and Oklahoma....Oil and Gas Investor 12/16/2013

Very encouraging.