Replies to post #37881 on BrewBilt Brewing Co (BRBL)

[john6x]

Jun 18, 2015 (ACCESSWIRE via COMTEX) -- DENVER, CO / ACCESSWIRE / June 18, 2015 / Grid Petroleum Corp. (pinksheets:GRPR): The Board of Directors are pleased to announce that Grid Petroleum has submitted drilling permit applications with the State of California for the Grid Petroleum's leases in the its Kreyenhagen Trend Properties located in the San Joaquin Valley of Central California.

"We are looking forward to drilling five wells into the shallow Temblor Formation as well as five into the Kreyenhagen, Avenal and Monterey Shale Formations. We are hoping to produce between 2,000 and 3,000 barrels a day from the wells once the drilling program is completed," Grid Petroleum President, James Powell, stated.

The Companies acreage in the Kreyenhagen Trend will have a total of ten wells producing when drilling is completed. The Company is actively seeking additional acreage that is in the same field as the acreage it currently holds.

The company will be the Operator of these lease holdings.

Grid Petroleum Corporation has cancelled the funding agreement that had i

[Civicbird]

"Tremendous value in the acreage and the amount of recoverable oil for Kreyenhagen"? If so, I wonder what that means to our share value. This was from four months ago. Let's hope this actually happens after the conference call.