BeaconEquity.com announces the publication of an article covering precision petroleum acquiring interest in four producing wells.
Investors can view all of the investment articles for free by visiting: http://www.beaconequity.com/m
In the article the author writes:
“Precision Petroleum Corp. (OTCBB: PPTO), an independent energy company engaged in the acquisition, exploration and development of oil and natural gas properties in the United States, announced it has completed negotiations to acquire interest in four producing oil wells located in Oklahoma. … The combined output of the four wells is approximately 40 Barrels of Proved Oil Equivalent (BPOE) per day.”
Precision Petroleum enters into negotiations to explore the Pennsylvania Tensleep Formation:
“In a previous press release, Precision Petroleum announced it had entered into negotiations to participate in the Powder River Basin Project in Montana where a 10-well drilling program is planned. The company will move forward into the project and anticipate the bonding and permitting process to be completed within 45 days. The drill program to explore the Pennsylvania Tensleep Formation will go forward contingent upon engineering surveys and recommendations. The company also notes that there are four additional potential reservoirs to be tested, with similar wells recording significant production at the Mann 8-18 and 1-18 wells over the past 10 years”
To read the entire article visit http://www.beaconequity.com/m
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Source: BeaconEquity.com
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