Replies to post #14334 on Petron Energy II Inc (fka PEII)

[Cakes10]

Let's get this straight. PEII IS PRODUCING OIL!! Don't let anybody tell you different. It's in their PR's and it's been known for quite sometime. If I had to guesstimate I'd say they are in the 50BOPD range right now. Last confirmed # was 25BOPD and that was prior to getting their Texas sites back online. Their breakeven point is 100BOPD. Once they hit this they will become cash flow positive and we can pop the bubbly. Oklahoma has enough wells and reserves to put this way over that mark.

This is strictly oil talk, they still have HUGE potential with Natural Gas as well.....

[swimom]

If it were actually true, of course. The SP, or the lack thereof, says differently.

[Pythia]

PEII .002 Should be announcing Gushing gains in their, Q1 2014 production report, 2 new wells, with 15% increase from rework operations in Oklahoma. PEII had strong action last week. Steadily holding around .0019’s. PEII stock might spurt upwards as high as 0.015 towards the very end of trading session Monday next week, offering up intraday profits of over 300% and over 1,000% from real bottom. With record volume and momentum heading into the end of the week, this Oklahoma oil & gas explorer should look toward a dime Sooner than anyone might anticipate.
Latest PR http://finance.yahoo.com/news/petron-energy-ii-inc-provides-123630141.html
S-1 http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9828003