Replies to post #5276 on Petron Energy II Inc (fka PEII)

[Arkdave]

It states 150 ADDITIONAL barrels a month, not 150 all together, if I read it right. So thats 150 added to what it was already producing. I have no idea what it was producing to begin with though.

[kawklr]

You forgot the part about the fact that they've only implemented 10% of the plan and still have this kind of prodution showing.

we have only implemented 10% of our secondary recovery plan which involves re-pressurizing the Wilcox and Dutcher pay zones. We believe as we execute the full plan and achieve complete re-pressurization of the Wilcox and Dutcher zones we should realize further production improvements.”

Your math also does not factor is pumping revenues being realized "before" this current anouncement of 150 bbl (or 15%) increase.

You need to go back to blackboard ... you've grossly underestimated the potential.