Petron Energy II Inc (fka PEII)

[TESLA777]

Thats the reason I post the DD I do, because it can be verified, you can double check and verify the info I post here....thats the point...I provide links on purpose...

This is a real company with 18 leases, Im estimating they are probably doing 20-30 BOPD right now, because thats the only public info I have available right now.

Yes there has been delays, but the resource sector is one of the toughest and most expensive out there, there is so much involved including all the government regulation stuff, its making it more difficult for these small companies. As far as Im concerned, these guys have really narrowed their focus and are really concentrating on the quickest way to get to break even for the company, and I thank them for that.

The point is these guys do have revs, just not enough to get to cash flow positive yet .....and thats the big question here, how quick can they get to cash flow positive?? The good news is that with the 2 Leases in the the last stages of the CO2-EOR process, we should start seeing production numbers picking up weekly/monthly into the future IMHO...GLTA...

Still long and strong...

$PEII...$2014