It's the same president, Floyd Smith, same mailing address and same wells and last I checked, Petron II was in business at that address for awhile. First it was Petron, then Petron II but was Petron II last year when they got the first $5 million and during this time frame. Yes, FS NEEDS to address this, that is what is holding up production in Texas from going on line and it has to be done with a court order according to what I read. If the Texas RC doesn't give their approval, not one drop of oil will get sold out of those wells. That is why Floyd sent in paperwork to have this happen, that is why he cleaned up all the wells and had to bring them into compliance. If one well is in non compliance then none are allowed to sell their oil. That is why the Redder lease (in TX) is scheduled second to come online. He knows that approval won't come until at least August 1, 2014, PEII's P-5 renewal date. Why is it I am the only one reading this stuff. It's easy to find with 15 min. work. The links are posted. OKLAHOMA oil wells are the ones that will come online first. Then the Texas wells, if approved. Every one here is toooo impatient though, by end of August it will be BOOM or BUST, IMO.
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