Petro One is pleased to report that McDaniel and Associates Consultants Ltd. has provided an NI 51-101 prospective resource estimate of 2.48 MMbbl of recoverable oil high case (P90), 1.80 MMbbl bestcase (P50) and 1.125 MMbbl low case (P10) on its J5 Milton property, based on 45 horizontal drilling locations in the Viking. This is in addition to [...]
Petro One and GoldStrike are pleased to report that based on existing production from two vertical wells, McDaniel and Associates Consultants Ltd. has estimated Petro One's gross proved plus probable NI 51-101 reserves on Section 15 of its J5 Milton Saskatchewan property at 124,800 bbl of light Viking oil, including 23,700 bbl of proved reserves [...]
Petro One reports that the TSX Venture Exchange has consented to the extension of the exercise term of 1,922,892 outstanding share purchase warrants by two years. The warrants were originally exercisable until March 15, 2014. Each warrant is now exercisable to purchase one common share for $0.80 at any time prior to 4:30 p.m. on March 15, 2016 [...]
Petro One is applying to the TSX Venture Exchange for consent to extend the exercise term of certain outstanding share purchase warrants by two years. Pursuant to the non-brokered private placement described in the Company's news releases issued on January 20, March 14 and August 28, 2012, the Company distributed 3,845,793 units at the price of [...]
Petro One and Goldstrike have completed drilling the first well of their joint venture announced on November 26, 2013 - the SR-1 vertical wildcat well at South Reston. Drilling encountered a large Waulsortian mound with a strong oil show in a 20 metre interval at the top of the Mississippian Lodgepole formation, which was the targeted formation [...]
GoldStrike and Petro One are pleased to report that the TSX Venture Exchange has approved a joint venture pursuant to which Goldstrike will participate in drilling a series of oil wells on leases controlled by Petro One at South Reston and Kirkella in Southwestern Manitoba, and at Milton in Southeastern Saskatchewan. The initial program will [...]
GoldStrike and Petro One are pleased to report that the TSX Venture Exchange has conditionally approved Goldstrike's proposed joint venture with Petro One to drill a series of oil wells on leases controlled by Petro One in Southwestern Manitoba and Southeastern Saskatchewan. Final approval will be subject to TSXV acceptance of the usual filings [...]
Petro One Energy reports that the TSX Venture Exchange has consented to the extension of the exercise term of 2,220,003 outstanding share purchase warrants by two years. On December 22, 2011, the Company distributed 4,440,005 units at the price of $0.60 per unit by way of non-brokered private placement. Each unit was comprised of one common share [...]
Petro One is applying to the TSX Venture Exchange for consent to extend the exercise term of certain outstanding share purchase warrants by two years. On December 22, 2011, the Company distributed 4,440,005 units at the price of $0.60 per unit by way of non-brokered private placement. Each unit was comprised of one common share and one-half of a [...]
Petro One Energy and GoldStrike Resources are pleased to announce plans for a joint venture to drill a series of oil wells on leases controlled by Petro One in Southwestern Manitoba and Southeastern Saskatchewan. The initial program will consist of up to three test wells to be drilled at South Reston, Kirkella and Milton, and the arrangement [...]
