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 …

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 …

This Oil Company Goes Old-School, Shuns Shale

In an era of shale, Petro River Oil (PTRC) is going old-school. The shale revolution has been the driving force behind America’s resurgence as a leading oil producer. However, given the costly nature of shale projects, Petro River has shunned them. Instead, the New York-based company targets conventional oil that can turn a profit no …

InterOil: An Object Lesson For Shareholder Exits

By Mitchell Posner For years, InterOil (NYSE: IOC) wasn’t taken seriously as an E&P company. The business press used words like “fluky.” It’s now a mainstream LNG producer, and has provided a considerable return for its shareholders. Last week, the company announced that Oil Search will acquire InterOil, exchanging 8.05 shares for each share of …

VIC Report On Upstream E&P Company Petro River Oil

PETRO RIVER OIL CORP 3PTRC Description This is a small, illiquid international exploration upstream E&P company. It is also a deep value investment with asymmetric upside potential and a company with proportionately lots of cash to deploy into a depressed market in a counter cyclical strategy. Its worth touching on some of my past failed …

E&P Company Closes Investment Acquisition

New York, New York – May 4, 2016. Petro River Oil Corp. (OTCBB: PTRC) (“Petro River” or the “Company”) is pleased to announce that it has completed its acquisition of Horizon I Investments, LLC (“Horizon Investments”) in an all-stock transaction. As previously disclosed, as a result of the closing, Petro River acquired $5.0 million in cash …

Petro River Oil – Building A Conventional Oil Company In An Era Of Shale

Summary Petro River Oil Corp. is focused on lower-risk conventional drilling in Osage County, Oklahoma, that does not require costly horizontal drilling or hydraulic fracturing techniques. The company is building a portfolio of assets that can withstand swings in commodity prices and generate returns regardless of the current macro environment. Its 20% ownership in Horizon …