This Micro-cap Oil Company – A Real “David and Goliath” Story

While no one gets destroyed in this story, the prevaling tale is the same.  The smaller prevails over the larger.  It is in oil rich California where this saga is unfolding. California is the nation’s third-largest oil producer behind Texas and North Dakota, according to the federal government. The majority of the supply comes from …

In Oil Meltdown This Oil Company Excels

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 …