Oil Discovery Momentum Drives this Small Cap Oil Exploration Company to California

An oil exploration article Monday in Forbes.com states, “If not approaching its twilight years, global exploration potential is sporting tell-tale signs of middle age”.  Don’t tell that to oil exploration company Pero River Oil (PTRC) (STOCK PRICE) Coming off two discoveries last month in Osage County, OK and possibly a third this month, Petro now sets …

Continued Oil Discoveries Creates Business and Market Momentum for this Small Cap Company

Momentum is described in the dictionary, “as the amount of motion occurring in something that is moving, or the force that drives something forward to keep it moving”.  Momentum seems to be what Petro River Oil (PTRC) is experiencing now.  They have announced a third well to be drilled in as many weeks with success …

Has This Small Cap Oil Company Unlocked Exploration Risk?

There is no sure-fire method to eliminate risk in searching for oil. 21st century technology has yet to provide a perfect solution however, it is rapidly expanding the way in which companies identify oil and gas reserves.  In light of the global surge in shale fracking or unconventional exploration these technological advancements are also addressing …

A Third Dimension In Oil Discovery

Phil Flynn at TalkMarkets.com has written about Petro River Oil, focusing on the company’s use of modern technology to identify structures in historical oil fields that have produced several million barrels of oil without the benefit of 3-D seismic imaging. The Third Dimension In Oil Production By Phil Flynn There is much talk about the …

Is Osage The Next Big Oil Discovery?

New York based Petro River Oil (OTC: PTRC) announced today that the Company will begin drilling a discovery well in Osage County, OK this week, based on 3-D seismic results that show a potential for a significant discovery. “This is a significant milestone for the company,” said Stephen Brunner, president of Petro River.  “We are now …

Recent Oil Discoveries and the Companies Behind them

Two oil companies announce discoveries and one seeking a discovery in Oklahoma. Falling oil prices, excessive spending on shale technologies and massive layoffs have been the industry’s headlines since 2014.  But lately news is trending towards new discoveries and optimistic forecasting of an industry struggling to maintain viability in the eyes of their shareholders. A …