Petro River announced that it has acquired additional prospects in Kay County, Oklahoma that have a combined potential recoverable resource of 5.8 million barrels of oil. The Kay County acquisition is pursuant to a purchase and exchange agreement under which Petro River assigned 100% of its 13.75% working interest in the Mountain View Project, a [...]
Petro River Oil announced that it has acquired an additional 46.81% stake in its 106,500-acre concession in Osage County. The Company has also simultaneously completed a financing to fund its drilling program of 9 new development wells and 3 exploration wells in its Osage Project. Increase of Ownership Interest: As part of the Company’s [...]
Petro River Oil is pleased to provide an update on our ongoing corporate activities, as well as the development plans for our core acreage in Oklahoma and California, described below. A new corporate presentation has been made available concurrently with this press release and can be found. Development Plan (2017/2018): Osage County: In May 2017 [...]
Petro River Oil announced that Petro River was cited in a Wall Street Journal article entitled, OLD OIL IS NEW AGAIN. The article stated that “more small- and mid-sized oil firms—many backed by private equity—are forgoing expensive shale drilling projects and opting for old-school wells instead. The article went on to state that [...]
New York, NY, Aug. 15, 2017 (GLOBE NEWSWIRE) -- Petro River Oil Corp. (PTRC) (“Petro River” or the “Company”), an independent oil and gas exploration company announced today a new oil field discovery at Chardonnay 47X-35 exploration well (the “Chardonnay 47X”) at their Grapevine project in Kern County [...]
New York, NY, July 18, 2017 (GLOBE NEWSWIRE) -- Petro River Oil Corp. (OTCBB: PTRC) (“Petro River” or the “Company”), an independent oil and gas exploration company, announced today a new oil field discovery in its Sunset Boulevard prospect in Kern County, California upon successfully drilling the Cattani-Rennie 47X-15 [...]
New York, NY, June 30, 2017 (GLOBE NEWSWIRE) -- Petro River Oil Corp. (OTCBB: PTRC) (“Petro River” or the “Company”), an independent oil and gas exploration company announced today the spudding of the Chardonnay 47X-35 exploration well (the “Chardonnay 47X”) in the Grapevine prospect in Kern County, California [...]
New York, NY, June 27, 2017 (GLOBE NEWSWIRE) -- New York, NY, June 27, 2017 (GLOBE NEWSWIRE) — Petro River Oil Corp. (OTCBB: PTRC) (“Petro River” or the “Company”), an independent oil and gas exploration company, announced today it will spud the Cattani-Rennie 47X-15 exploration well (the “CR 47X”) in the [...]
New York, NY, May 31, 2017 (GLOBE NEWSWIRE) -- Petro River Oil Corp.(OTCBB: PTRC) (“Petro River” or the “Company”), an independent oil and gas exploration company, announced today the planned spudding of the Henderson 1-30 well this week, a separate potential chat structure – following the success of the Chat 2-11 and [...]
New York, NY, May 30, 2017 (GLOBE NEWSWIRE) -- Petro River Oil Corp. (OTCBB: PTRC) (“Petro River” or the “Company”), an independent oil and gas exploration company, announced today the discovery of a second oil field in its 106,500 acre concession in Osage County, OK following the successful drilling of the Red Fork 1-3 [...]
NEW YORK, May 15, 2017 (GLOBE NEWSWIRE) -- : Petro River Oil Corp. (OTCBB: PTRC) (“Petro River” or the “Company”), an independent oil and gas exploration company, expects to spud the Red Fork Channel 1-3 well today in its Pearsonia West concession in Osage County, Ok. This new field was identified with 3-D seismic; the same [...]
New York, NY, May 08, 2017 (GLOBE NEWSWIRE) -- Petro River Oil Corp. (OTCBB: PTRC) (“Petro River” or the “Company”), an independent oil and gas exploration company, announced today a new oil field discovery in its’ 106,500 acre concession in Osage County, Oklahoma upon successfully drilling the Chat 2-11 exploration [...]
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